Cotton Trade Shifts After MSP Hike: A Closer Look at India’s Imports & Exports
From 1 October 2024 to 31 August 2025, India recorded the following cotton trade figures:
Exports: 18,63,084 bales Imports: 49,03,422 bales
On 28 May 2025, the Government of India announced a new Minimum Support Price (MSP) for cotton. Following this development, trade activity showed notable changes in the subsequent three months (June–August 2025):
Cotton Imports: 9,63,500 bales were imported during this period, accounting for 19.65% of India’s total imports in the stated timeframe.
Cotton Exports : 3,15,500 bales were exported during the same three-month period.