USDA – Cotton: World Markets and Trade, Aug 2025

The main theme of the report concerns global cotton markets and trade.

Key findings include a significant increase in U.S. cotton exports in 2024/25, despite a decline in global imports and reduced shipments to China. Major markets such as Vietnam, Pakistan, and Turkey have shown increased demand for U.S. cotton imports, driven by higher cotton consumption and lower prices. Vietnam has become the most important market, doubling its imports of U.S. cotton. Exports to Pakistan have also increased significantly due to rising consumption and reduced domestic production.