Economy, Banking and Finance · 13 March 2026

United States Department of Agriculture (USDA) data shows India displaces China as largest cotton products exporter to US in 2025

Exam-focused facts from the 13 March 2026 current affairs briefing.

Key facts

  • India displaced China as the largest supplier of cotton products such as apparel and home textiles to the United States during 2025.
  • US cotton product imports from India were around 0.6 million tonnes in 2025.
  • US cotton product imports from China reduced to about 0.5 million tonnes in 2025.
  • US cotton product imports remained flat at 3.3 million tonnes in calendar year 2025.
  • US announced several rounds of tariffs on China ranging from 10-125 per cent.
  • Other suppliers gaining US market share include Vietnam, Bangladesh, Pakistan, Mexico and Cambodia.
  • US cotton product imports from China have dropped 60 per cent since peaking in 2010.
  • US retail sales at clothing stores rose 5 per cent to a new record in 2025.
  • Global cotton production for 2025-26 is forecast up 1.1 million bales to 121 million bales.
  • Global cotton consumption is forecast down more than 0.1 million bales to 118.6 million.
  • Global cotton trade is raised by 0.2 million bales to 43.9 million.
  • Global ending stocks are raised nearly 1.3 million bales to 76.4 million.