HS Code:
The 'Other woven fabrics of cotton' category, classified under HS Code 5209, encompasses a variety of cotton fabrics that are woven but do not fall under more specific cotton fabric categories. This includes fabrics of different weights and weaves, often used in apparel, home textiles, and industrial applications. These fabrics are typically valued for their durability, breathability, and versatility, making them a staple in global textile trade.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 800 million
32% of total trade of total trade
Increasing
USD 600 million
24% of total trade of total trade
Increasing
USD 350 million
14% of total trade of total trade
Stable
USD 200 million
8% of total trade of total trade
Increasing
USD 150 million
6% of total trade of total trade
Increasing
Average Rate
8.5%
Highest Rate
25% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-GSP for least developed countries)
Rising demand for sustainable cotton fabrics
Increased focus on organic and ethically sourced cotton, boosting trade from countries with strong sustainability certifications like India and Turkey
2021-2022
Shift towards fast fashion supply chains
Higher export volumes from low-cost producers like Bangladesh and Pakistan to meet quick turnaround demands
2020-2022
Technological advancements in weaving
Improved quality and variety of woven fabrics, enhancing competitiveness of exporters like China with advanced manufacturing capabilities
2019-2022
The European Union introduced new regulations requiring proof of sustainable sourcing for cotton fabrics, impacting exporters without robust certification systems.
June 2023
Potential trade barriers for smaller exporters; increased costs for compliance but opportunities for certified sustainable producers.
A revised trade agreement reduced tariffs on certain cotton fabrics from China to the US, boosting export volumes temporarily.
March 2023
Increased trade volume for Chinese exporters; potential market share loss for other competitors like India and Pakistan.
India launched a new incentive scheme providing rebates on exports of woven cotton fabrics to enhance global competitiveness.
January 2023
Expected growth in Indian exports, particularly to markets in Europe and North America.