HS Code:
The category 'Woven fabrics of cotton, containing 85 percent or more by weight of cotton, weighing more than 200 g/mยฒ' (HS Code: 5209) includes heavier cotton fabrics primarily used in apparel, home textiles, and industrial applications. These fabrics are often utilized for durable products such as denim, canvas, and upholstery due to their strength and weight. This category is a significant segment of the global textile trade, influenced by factors such as raw cotton prices, labor costs, and trade policies.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 1.1 billion
34.4% of total trade
Increasing
USD 650 million
20.3% of total trade
Increasing
USD 400 million
12.5% of total trade
Stable
USD 300 million
9.4% of total trade
Increasing
USD 200 million
6.3% of total trade
Stable
Average Rate
8.5%
Highest Rate
25% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as EU-GSP or USMCA)
Shift towards sustainable production
Increased demand for organic and eco-friendly cotton fabrics, pushing manufacturers to adopt sustainable practices
2021-2022
Rising labor and raw material costs
Higher production costs in traditional manufacturing hubs like China and India, leading to price increases
2022
Growth in e-commerce for textiles
Expanded market access for smaller producers and exporters through online platforms
2020-2022
The European Union introduced stricter sustainability and traceability requirements for cotton textiles under the EU Textile Strategy.
March 2022
Exporters to the EU market must invest in compliance measures, potentially increasing costs but also opening opportunities for certified sustainable producers.
The US enforced the Uyghur Forced Labor Prevention Act, banning imports of cotton products linked to forced labor in Xinjiang, China.
June 2022
Significant supply chain disruptions for Chinese exporters, with a shift in sourcing to countries like India and Pakistan.
India launched a Production-Linked Incentive (PLI) scheme to boost domestic textile manufacturing and exports.
September 2021
Increased production capacity and competitiveness of Indian woven cotton fabrics in the global market.