![]() Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. The following countries posted the highest negative net exports for cotton during 2022. ![]() Countries Causing Worst Trade Deficits from Cotton In turn, these positive cashflows confirm these leading countries’ strong competitive advantages for this specific product category. Overtaking India in 2022, the United States of America generated the highest surplus in the international trade of cotton. United States: US$9.7 billion (net export surplus up 58.1% since 2021).Thus, the statistics below present the surplus between the value of each country’s exported cotton and its import purchases for that same commodity. ![]() The following countries recorded the highest positive net exports for cotton during 2022. Countries Earning Largest Trade Surpluses from Cotton Major suppliers that posted declines in their exported cotton sales were led by: India (down -30.8% from 2021), Indonesia (down -23.2%), Spain (down -18.9%), Greece (down -17.5%) and Vietnam (down -16.8%).
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