Global cotton trade is set to recover in the 2026/27 season, driven by stronger import demand from India and China, according to the International Cotton Advisory Committee (ICAC).
India has emerged as one of the leading contributors to global cotton demand. Cotton lint imports are projected to reach approximately 1 million tonnes during the 2025/26 season, marking a 42% increase compared to the previous season and the highest level recorded by the country.
The increase follows policy measures such as temporary reductions in import duties and exemptions for extra-long staple cotton, which improved access to imported fibre and supported domestic consumption.
China is also expected to reassert itself in the global cotton trade. After posting an eight-year low in imports during the previous season, China’s cotton lint imports are projected to increase by around 42 % in 2025/26.
ICAC expects China to regain its position as the world’s largest cotton importer in 2026/27, accounting for approximately 19 % of global cotton imports. The rebound is being driven by additional import quotas, stronger domestic cotton prices and the need to maintain mill consumption.
Brazil is consolidating its position as China’s largest cotton supplier. Brazil currently accounts for around 52 % of China’s cotton imports, making it the dominant player in one of the world’s most important cotton trade corridors.
Similarly, Australia has emerged as China’s second-largest supplier, while U.S.-China trade relations continue to influence competitiveness and trade flows.
Global cotton production for the 2025/26 season at 26.5 million tonnes to 9.6 million tonnes, up 3% from the previous season, while global consumption is projected to reach 25.3 million tonnes, a 1.6% year-on-year increase.
For the 2026/27 season, global cotton production is forecast to decline by 2% to 25.9 million tonnes, while consumption is expected to rise by approximately 1% to 25.5 million tonnes.
Bharat Tex Special Report 2026 
