Cotton: World Markets and Trade - Cornell University · 2018/19 TRADE OUTLOOK Major Importers: 000s of 480-lb statistical bales Change Current Prev Reason WORLD -65 41,058 41,123

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Approved by the World Agricultural Outlook Board/USDA

Strong Late-Season Global Trade

Substantial developments comparatively late in the marketing year have resulted in significant changes to

trade estimates in this month’s WASDE for 2017/18. In the United States, May and early June shipments

were substantially higher than previously expected and shipping orders remain high, resulting in a

500,000 bale increase in the export forecast for the season to 16.0 million bales. Shipments were

especially strong to Vietnam, Turkey, and China, where imports are likewise raised.

Importer data also shows strong trade. With the impact of the slow New Year’s holiday period now past

in Vietnam, May imports have remained well above year-ago levels. While some areas outside of China,

such as Thailand and South Korea, have begun to show some weakness in consumption, Vietnam’s mill

use continues to grow at a robust pace. China’s imports, meanwhile, are forecast up marginally,

motivated by fairly strong March and April imports. Most of this cotton is headed for processing or

bonded warehouses, thus does not immediately require import quota. Given that these imports do not

require immediate quote usage, this forecast revision does not rely on changed assumptions about whether

or not additional quota will be made available.

Exports and imports are both boosted for India. Exports in particular are higher owing to a very strong

April export figure published by the Directorate General of Commercial Intelligence and Statistics

(238,145 metric tonnes). However, that figure included an error overstating April’s exports to China by

over 80,000 tons, confirmed through correspondence with DGCIS. The correct cotton and waste April

export figure is nearer to 151,000 tons in total. Even at this lower level, however, India’s April exports

were still stronger than is typical, resulting in a higher export forecast for the season.

United States Department of Agriculture Foreign Agricultural Service June 2018

Cotton:

World Markets and Trade

Overview

For 2018/19, production is forecast down, with declines for China, Pakistan, and Australia partially offset

by an increase for Brazil. Consumption and trade are forecast effectively unchanged. U.S. beginning and

ending stocks are lowered 500,000 bales with a higher 2017/18 export forecast. The U.S. season-average

farm price is up 5 cents to 70 cents per pound.

For 2017/18, production is raised slightly due to increases in Brazil and Australia, while use is effectively

unchanged. However, global trade is up, with higher exports for the United States and India accompanied

by higher imports by Vietnam, Turkey, and China. The U.S. season-average farm price is unchanged at

68 cents per pound.

For current prices received by farmers click here; NASS farm price

Prices

The A-index and the spot price have both risen appreciably in recent weeks, continuing a 3-year upward

trend. Rising global demand, particularly for U.S. cotton in recent months, as well as speculation

regarding possible release of additional import quota for China have both contributed to this trend.

For more information on U.S. spot price click here; AMS Cotton Market News

Foreign Agricultural Service/USDA 2 June 2018Office of Global Analysis

http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1002

http://www.ams.usda.gov/market-news/cotton

2018/19 TRADE OUTLOOK

Major Importers: 000s of 480-lb statistical bales

Change Current Prev Reason

WORLD -65 41,058 41,123

Pakistan 100 2,200 2,100 Lower forecast production

South Korea -225 800 1,025 Declining local consumption

Major Exporters 000s of 480-lb statistical bales


WORLD -45 41,073 41,118

Brazil 100 4,900 4,800 Higher forecast production

Australia -100 4,400 4,500 Lower forecast production

2017/18 TRADE OUTLOOK

Major Importers: 000s of 480-lb statistical bales


WORLD 420 39,647 39,227

China 200 5,300 5,100 Strong pace of trade to-date, particularly trade headed into bonded

warehouses

Turkey 150 4,100 3,950 Strong pace of trade to-date

Vietnam 100 6,900 6,800 Strong sales and shipments by trade partners in May and June,

suggesting high June/July imports

India 100 1,800 1,700 Stronger than expect April DGCIS shipments

South Korea -125 900 1,025 Weak recent shipments and declining local consumption

Major Exporters 000s of 480-lb statistical bales


WORLD 745 40,128 39,383

United States 500 16,000 15,500 Strong pace of trade to-date

India 250 4,750 4,500 Very strong shipments in April

Kazakhstan 140 280 140 Strong pace of trade to-date

Uzbekistan -200 1,100 1,300 Weakening shipments to major partners, especially China and

Bangladesh

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database

for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand

Estimates (WASDE) report is released. This circular is released by 12:15 p.m.


FAS Reports and Databases:

Current World Market and Trade and World Agricultural Production Reports:

https://apps.fas.usda.gov/psdonline/app/index.html#/app/downloads

Archives World Market and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7

Production, Supply and Distribution Database (PSD Online):

https://apps.fas.usda.gov/psdonline/app/index.html#/app/home

Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx

Export Sales Report:

http://apps.fas.usda.gov/esrquery/

Global Agricultural Information Network (Agricultural Attaché Reports):

http://gain.fas.usda.gov/Pages/Default.aspx

Other USDA Reports:

World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/

Economic Research Service:

http://www.ers.usda.gov/topics/crops

National Agricultural Statistics Service:

http://www.nass.usda.gov/Publications/

Questions may be directed to:

James Johnson (202) 690-1546 [email protected]

Lyman Stone (202) 720-0683 [email protected]

Graham Soley (202) 772-4235 [email protected]


https://apps.fas.usda.gov/psdonline/app/index.html#/app/downloads

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7

https://apps.fas.usda.gov/psdonline/app/index.html#/app/home

http://apps.fas.usda.gov/gats/default.aspx

http://apps.fas.usda.gov/esrquery/

http://gain.fas.usda.gov/Pages/Default.aspx

http://www.usda.gov/oce/commodity/wasde/

http://www.ers.usda.gov/topics/crops

http://www.nass.usda.gov/Publications/

mailto:[email protected]



Summary of Changes in estimates and Forecasts from Last Month

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Australia

1000000010000 2017/18

0000-1000-200100-10 2018/19

Bangladesh

-250000-25000 2015/16

-25100010001000-250 2016/17

-25000000-250 2017/18

-25000000-250 2018/19

Benin

25000-250000 2015/16

75000-5000250 2016/17

75000000750 2017/18

100000-2500750 2018/19

Brazil

20000000200010 2017/18

300000100020020020 2018/19

China

2000000200000 2017/18

-30000000-5002000 2018/19

Cote d'Ivoire

100007508504 2017/18

10000750751020 2018/19

Egypt

1515015030000 2018/19

India

-150000250100000 2017/18

-150000000-1500 2018/19

Kazakhstan

15-150-1500000 2011/12

30-150-15000150 2012/13

40-150-15500300 2013/14

80-300-30-1000400 2014/15

120-350-35-500800 2015/16

70-200-2070001200 2016/17

-40-300-3014000700 2017/18


Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks


Cons.

Ending

Stocks

-40-350-35100-25-40-15 2018/19

Korea, South

-25-1000-1000-125000 2017/18

-25-2250-2250-2250-250 2018/19

Madagascar

-6-200-2000-22-4-1 2000/01

0-100-1000-4-6-2 2001/02

6-100-1000-40-2 2002/03

7-200-2000-196-5 2003/04

0-250-2500-327-12 2004/05

-2-300-3000-320-14 2005/06

0-300-3000-28-2-9 2006/07

2-300-3000-280-9 2007/08

4-300-3000-282-9 2008/09

4-300-3000-304-10 2009/10

4-300-3000-304-10 2010/11

4-300-3000-304-10 2011/12

4-300-3000-304-10 2012/13

4-300-3000-304-10 2013/14

4-300-3000-304-10 2014/15

4-300-3000-304-10 2015/16

4-300-3000-304-10 2016/17

4-300-3000-304-10 2017/18

4-300-3000-304-10 2018/19

Mali

25000-250000 2018/19

Mexico

25000025000 2018/19

Mozambique

10000-100000 2018/19

Pakistan

-150000-50100-3000-100 2018/19

Peru

500005000 2018/19

South Africa

1-100-10-5-5-900 2017/18



(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks


Cons.

Ending

Stocks

100000010 2018/19

Tajikistan

-100100100000000 2008/09

-100000000-1000 2009/10

-100000000-1000 2010/11

-100000000-1000 2011/12

-100000000-1000 2012/13

-100000000-1000 2013/14

-100000000-1000 2014/15

-100000000-1000 2015/16

-100000000-1000 2016/17

-95-50-5000-1000 2017/18

-85-100-10000-950 2018/19

Togo

-5000-150-2000 2017/18

5000-200-10-50 2018/19

Turkey

5010001000150000 2017/18

50000000500 2018/19

United States

-5000005000000 2017/18

-500000000-5000 2018/19

Uzbekistan

1001000100-2000000 2017/18

010001000001000 2018/19

Vietnam

1000000100000 2017/18

010001000001000 2018/19

World

World

-6-200-2000-22-4-1 2000/01

0-100-1000-4-6-2 2001/02

6-100-1000-40-2 2002/03

7-200-2000-196-5 2003/04

0-250-2500-327-12 2004/05



(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks


Cons.

Ending

Stocks

-2-300-3000-320-14 2005/06

0-300-3000-28-2-9 2006/07

2-300-3000-280-9 2007/08

-9670100-3000-282-9 2008/09

-96-300-3000-30-96-10 2009/10

-96-300-3000-30-96-10 2010/11

-81-450-4500-30-96-10 2011/12

-66-450-4500-30-81-10 2012/13

-56-450-4550-30-66-10 2013/14

-16-600-60-100-30-56-10 2014/15

24-650-65-30-25-30-16-10 2015/16

245005020100-3024-10 2016/17

025025745420326244 2017/18

-725-850-85-45-65-7900-95 2018/19


Table 01 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 MT)

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

6,423 India 5,639 5,879 6,205 6,205 6,205

6,532 China 4,790 4,953 5,987 5,879 5,770

3,553 United States 2,806 3,738 4,555 4,246 4,246

1,563 Brazil 1,289 1,528 1,938 1,916 1,960

2,308 Pakistan 1,524 1,676 1,785 1,916 1,851

697 Turkey 577 697 871 936 936

501 Australia 621 882 1,067 871 827

4,381 Other 3,690 3,862 4,319 4,417 4,420

25,957 Total 20,936 23,216 26,728 26,386 26,214

USE Dom. Consumption none

7,403 China 7,620 8,165 8,709 9,036 9,036

5,334 India 5,389 5,225 5,269 5,487 5,487

2,308 Pakistan 2,243 2,243 2,264 2,286 2,286

1,263 Bangladesh 1,372 1,481 1,589 1,698 1,698

893 Vietnam 958 1,176 1,437 1,611 1,633

1,393 Turkey 1,459 1,415 1,589 1,611 1,611

708 Indonesia 653 718 740 762 762

5,025 Other 4,724 4,575 4,696 4,820 4,780

24,327 Total 24,417 24,998 26,294 27,311 27,293

Imports none

1,252 Bangladesh 1,388 1,481 1,611 1,720 1,720

931 Vietnam 980 1,197 1,502 1,676 1,676

1,804 China 959 1,096 1,154 1,524 1,524

800 Turkey 918 801 893 784 784

728 Indonesia 640 738 740 762 762

207 Pakistan 718 523 631 457 479

267 India 233 596 392 327 327

1,864 Other 1,859 1,768 1,709 1,703 1,667

7,852 Total 7,696 8,199 8,632 8,954 8,939

Exports none

2,449 United States 1,993 3,248 3,484 3,375 3,375

851 Brazil 939 607 914 1,045 1,067

523 Australia 616 811 849 980 958

914 India 1,255 991 1,034 925 925

239 Burkina 283 229 229 272 272

185 Mali 218 239 239 272 267

254 Greece 209 223 239 250 250

2,308 Other 2,080 1,795 1,748 1,833 1,828

7,725 Total 7,592 8,143 8,737 8,952 8,943

Ending Stocks none

14,570 China 12,671 10,542 8,964 7,276 7,211

2,936 India 2,165 2,423 2,717 2,870 2,837

1,548 Brazil 1,243 1,509 1,803 1,895 1,960

795 United States 827 599 914 1,132 1,023

629 Pakistan 569 493 605 632 600

396 Australia 409 477 688 549 549

347 Turkey 334 344 442 463 474

2,891 Other 2,470 2,543 3,072 3,415 3,421

24,114 Total 20,689 18,930 19,205 18,234 18,076


Table 02 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 Bales)

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

2,300 Australia 2,850 4,050 4,900 4,000 3,800

7,180 Brazil 5,920 7,020 8,900 8,800 9,000

30,000 China 22,000 22,750 27,500 27,000 26,500

29,500 India 25,900 27,000 28,500 28,500 28,500

10,600 Pakistan 7,000 7,700 8,200 8,800 8,500

3,200 Turkey 2,650 3,200 4,000 4,300 4,300

16,319 United States 12,888 17,170 20,923 19,500 19,500

20,120 Other 16,948 17,738 19,837 20,289 20,299

119,219 Total 96,156 106,628 122,760 121,189 120,399

USE Dom. Consumption none

5,800 Bangladesh 6,300 6,800 7,300 7,800 7,800

3,400 Brazil 3,100 3,200 3,400 3,450 3,450

34,000 China 35,000 37,500 40,000 41,500 41,500

24,500 India 24,750 24,000 24,200 25,200 25,200

3,250 Indonesia 3,000 3,300 3,400 3,500 3,500

10,600 Pakistan 10,300 10,300 10,400 10,500 10,500

6,400 Turkey 6,700 6,500 7,300 7,400 7,400

3,575 United States 3,450 3,250 3,350 3,400 3,400

1,750 Uzbekistan 1,800 2,050 2,500 2,700 2,800

4,100 Vietnam 4,400 5,400 6,600 7,400 7,500

14,356 Other 13,347 12,512 12,318 12,589 12,304

111,731 Total 112,147 114,812 120,768 125,439 125,354

Imports none

5,750 Bangladesh 6,375 6,800 7,400 7,900 7,900

8,284 China 4,406 5,032 5,300 7,000 7,000

1,226 India 1,072 2,736 1,800 1,500 1,500

3,345 Indonesia 2,941 3,391 3,400 3,500 3,500

1,321 Korea, South 1,175 1,025 900 1,025 800

830 Mexico 975 1,000 1,000 900 925

950 Pakistan 3,300 2,400 2,900 2,100 2,200

1,475 Thailand 1,275 1,226 1,050 1,075 1,075

3,675 Turkey 4,218 3,679 4,100 3,600 3,600

4,275 Vietnam 4,500 5,500 6,900 7,700 7,700

4,934 Other 5,112 4,869 4,897 4,823 4,858

36,065 Total 35,349 37,658 39,647 41,123 41,058

Exports none

2,404 Australia 2,828 3,727 3,900 4,500 4,400

575 Benin 700 625 750 800 775

3,910 Brazil 4,314 2,789 4,200 4,800 4,900

1,100 Burkina 1,300 1,050 1,050 1,250 1,250

860 Cote d'Ivoire 780 625 650 600 675

1,168 Greece 959 1,022 1,100 1,150 1,150

4,199 India 5,764 4,550 4,750 4,250 4,250

850 Mali 1,000 1,100 1,100 1,250 1,225

11,246 United States 9,153 14,917 16,000 15,500 15,500

2,600 Uzbekistan 2,200 1,500 1,100 1,000 1,000

6,566 Other 5,873 5,496 5,528 6,018 5,948

35,478 Total 34,871 37,401 40,128 41,118 41,073

Ending Stocks none

1,818 Australia 1,880 2,193 3,158 2,523 2,523

7,112 Brazil 5,709 6,929 8,279 8,704 9,004

66,920 China 58,198 48,419 41,169 33,419 33,119

13,486 India 9,944 11,130 12,480 13,180 13,030

2,890 Pakistan 2,615 2,265 2,780 2,905 2,755

1,596 Turkey 1,533 1,578 2,028 2,128 2,178

3,650 United States 3,800 2,750 4,200 5,200 4,700

13,280 Other 11,346 11,678 14,111 15,686 15,711

110,752 Total 95,025 86,942 88,205 83,745 83,020


Table 04 Cotton Area, Yield, and Production

From last month From last year

MBalesPercent

Yield

(Kilograms per hectare)

Jun 2016/17 MBales

Country / Region

Area

(Million hectares)

Production

(Million 480 lb. bales)

Change in Production

2016/17

Prel.

2017/18 May May

Prel.

2017/18 Jun

Prel.

2017/18 May Jun Percent

2018/19 Proj.2018/19 Proj. 2018/19 Proj.

2016/17

29.71World -1.92-2.36-0.65-0.79120.4033.23 33.00 32.91 781 804 800 797 106.63 122.76 121.19

3.85United States -6.80-1.420.000.0019.504.49 4.50 4.50 972 1,014 943 943 17.17 20.92 19.50

25.86Total Foreign -0.92-0.94-0.78-0.79100.9028.74 28.50 28.40 753 771 777 773 89.46 101.84 101.69

none

Western Hemisphere

0.94 Brazil 1.120.102.270.209.001.19 1.20 1.22 1,626 1,628 1,597 1,606 7.02 8.90 8.80

0.10 Mexico 2.830.040.000.001.600.21 0.22 0.22 1,602 1,621 1,583 1,583 0.77 1.56 1.60

0.24 Argentina 0.610.010.000.000.830.35 0.30 0.30 680 510 599 599 0.75 0.82 0.83

0.01 Paraguay 0.000.000.000.000.020.01 0.01 0.01 416 416 416 416 0.02 0.02 0.02

0.01 Peru 1.270.000.000.000.080.02 0.02 0.02 893 1,012 1,025 1,025 0.04 0.08 0.08

0.02 Colombia 0.000.000.000.000.040.01 0.01 0.01 551 968 968 968 0.04 0.04 0.04

Africa

0.70 Burkina 7.690.100.000.001.400.85 0.75 0.75 407 333 406 406 1.31 1.30 1.40

0.66 Mali 1.480.020.000.001.370.73 0.74 0.74 412 403 403 403 1.24 1.35 1.37

0.35 Cote d'Ivoire -7.64-0.0611.540.080.730.37 0.35 0.37 394 467 404 427 0.63 0.79 0.65

0.23 Cameroon 0.000.000.000.000.500.23 0.23 0.23 455 484 484 484 0.47 0.50 0.50

0.42 Benin -2.86-0.030.000.000.850.45 0.44 0.44 433 423 421 421 0.83 0.88 0.85

0.32 Chad 0.000.000.000.000.120.12 0.12 0.12 242 218 218 218 0.35 0.12 0.12

0.14 Togo 4.550.01-4.17-0.010.230.16 0.16 0.16 323 299 327 313 0.20 0.22 0.24

0.02 Senegal 21.210.010.000.000.040.02 0.03 0.03 305 359 348 348 0.03 0.03 0.04

0.06 Egypt 40.000.120.000.000.420.09 0.13 0.13 673 718 732 732 0.17 0.30 0.42

0.21 Zimbabwe 2.220.010.000.000.230.20 0.23 0.23 146 245 218 218 0.14 0.23 0.23

0.28 Nigeria 0.000.000.000.000.240.27 0.27 0.27 182 190 190 190 0.23 0.24 0.24

Asia Oceania

2.90 China -3.64-1.00-1.85-0.5026.503.40 3.35 3.35 1,708 1,761 1,755 1,722 22.75 27.50 27.00

10.85 India 0.000.000.000.0028.5012.30 11.80 11.80 542 504 526 526 27.00 28.50 28.50

2.40 Pakistan 3.660.30-3.41-0.308.502.60 2.80 2.70 699 687 684 685 7.70 8.20 8.80

0.12 Kazakhstan 3.450.01-7.69-0.030.300.13 0.14 0.12 568 505 524 544 0.30 0.29 0.33

0.17 Tajikistan -3.64-0.020.000.000.530.18 0.19 0.19 567 684 607 607 0.43 0.55 0.53

0.55 Turkmenistan 2.940.040.000.001.400.55 0.55 0.55 529 543 559 559 1.33 1.36 1.40

1.18 Uzbekistan -2.60-0.100.000.003.751.20 1.20 1.20 687 699 680 680 3.73 3.85 3.75

0.40 Turkey 7.500.300.000.004.300.47 0.52 0.52 1,742 1,853 1,800 1,800 3.20 4.00 4.30

0.58 Australia -22.45-1.10-5.00-0.203.800.53 0.45 0.44 1,520 2,013 1,935 1,880 4.05 4.90 4.00

0.04 Syria -18.75-0.030.000.000.130.03 0.03 0.03 1,089 1,161 1,132 1,132 0.20 0.16 0.13

0.24 Burma -3.45-0.030.000.000.700.25 0.24 0.24 634 634 635 635 0.71 0.73 0.70

Europe

0.21 Greece 0.810.010.000.001.250.23 0.24 0.24 1,071 1,174 1,134 1,134 1.03 1.24 1.25

1.56Others 10.930.35-0.84-0.033.551.62 1.81 1.80 391 431 431 430 2.81 3.20 3.58

Note: Yeild for Total Foreign and Others is an incorrect calculation.


(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2018/19

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 35030826536 Afghanistan 17

0 001211 Albania 1

15 00152000 Algeria 5

10 00152252 Angola 7

15 17506251,422825300 Argentina 622

0 000000 Armenia 0

0 4,4000356,9583,800440 Australia 2,523

10 00101200 Austria 2

0 2100120562415155 Azerbaijan 232

40 00404800 Bahrain 8

7,900 0107,8009,89013544 Bangladesh 2,080

50 00506000 Belarus 10

40 200204800 Belgium-Luxembour 8

0 7750151,468850440 Benin 678

2 00101784 Bolivia 7

75 4,90003,45017,3549,0001,220 Brazil 9,004

34 004452102 Bulgaria 8

0 1,2500252,1001,400750 Burkina 825

75 50775999700240 Burma 219

1 001200 Cambodia 1

0 425020639500225 Cameroon 194

2 002200 Canada 0

0 3200443232 Central African Republic 12

0 125010271120120 Chad 136

0 000000 Chile 0

7,000 50041,50074,66926,5003,350 China 33,119

165 55190241409 Colombia 41

2 0017211530 Congo (Kinshasa) 4

45 00455911 Costa Rica 14

0 675025932725370 Cote d'Ivoire 232

0 000000 Croatia 0

10 00141644 Cuba 2

0 000000 Cyprus 0

10 00101200 Czech Republic 2

0 000000 Denmark 0


(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2018/19 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

1 004534 Dominican Republic 1

70 00759793 Ecuador 22

450 225106251,059420125 Egypt 199

170 0016522211 El Salvador 57

10 00101200 Estonia 2

60 0024032817565 Ethiopia 88

55 50506400 France 9

130 25010515400 Germany 24

0 15010362816 Ghana 11

25 1,1500901,4701,250240 Greece 230

110 0011013832 Guatemala 28

0 1400171412 Guinea 3

5 00101157 Haiti 1

20 00242942 Honduras 5

0 000000 Hong Kong 0

3 300300 Hungary 0

1,500 4,250025,20042,48028,50011,800 India 13,030

3,500 503,5004,12033 Indonesia 615

300 0057572027585 Iran 145

35 0050731510 Iraq 23

0 000000 Ireland 0

2 550477557 Israel 18

190 5018521800 Italy 28

255 0025529200 Japan 37

0 200065393300120 Kazakhstan 128

15 0040582530 Kenya 18

95 001502055519 Korea, North 55

800 5080098900 Korea, South 184

0 900010510025 Kyrgyzstan 15

7 106900 Latvia 2

5 005600 Lebanon 1

85 008511000 Lesotho 25

0 000000 Lithuania 0

5 005600 Macedonia 1

0 10020453020 Madagascar 15


(1,000 HA and 1000 480-lb. Bales)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 30051349070 Malawi 99

560 200029079800 Malaysia 308

0 1,2250252,0961,370740 Mali 846

115 0011513600 Mauritius 21

925 550251,8503,3261,600220 Mexico 901

45 00455700 Moldova 12

45 00456111 Morocco 16

0 9505180110120 Mozambique 80

0 000000 Netherlands 0

0 90112104 Nicaragua 2

0 6031495 Niger 5

10 300200299235270 Nigeria 69

2,200 2002510,50013,4808,5002,700 Pakistan 2,755

0 000000 Panama 0

5 16010352111 Paraguay 9

215 502753898017 Peru 109

65 00658121 Philippines 16

13 00131600 Poland 3

155 0015519300 Portugal 38

1 001200 Romania 1

210 0021025100 Russia 41

0 3502434025 Senegal 6

8 0081000 Serbia 2

30 20003400 Singapore 14

0 000000 Slovakia 0

6 006800 Slovenia 2

3 001011712 Somalia 1

40 80012536418038 South Africa 159

15 27503036029565 Spain 55

8 00131755 Sri Lanka 4

0 375075639500120 Sudan 189

0 000000 Sweden 0

4 004500 Switzerland 1

0 7505517913025 Syria 49

550 0055068000 Taiwan 130


(1,000 HA and 1000 480-lb. Bales)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 450055830530190 Tajikistan 325

0 1000175650400500 Tanzania 375

1,075 0251,0501,25321 Thailand 178

0 190015317230160 Togo 112

20 003035102 Tunisia 5

3,600 35007,4009,9284,300520 Turkey 2,178

0 62506752,0641,400545 Turkmenistan 764

0 9001520512575 Uganda 100

9 0091200 Ukraine 3

2 002300 United Kingdom 1

5 15,5001053,40023,70519,5004,504 United States 4,700

0 000000 Uruguay 0

0 1,00002,8005,2733,7501,200 Uzbekistan 1,473

15 001001238515 Venezuela 23

7,700 007,5008,88831 Vietnam 1,388

0 2025332818 Yemen 6

0 22505474200125 Zambia 244

0 1751030384230230 Zimbabwe 169

World

41,058 41,073215125,354249,662120,39932,906 World 83,020


(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2018/2019

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 80718148 Afghanistan 4

0 000000 Albania 0

3 003400 Algeria 1

2 003510 Angola 2

3 38013631018065 Argentina 135

0 000000 Armenia 0

0 958081,51582796 Australia 549

2 002300 Austria 0

0 460261229034 Azerbaijan 51

9 0091000 Bahrain 2

1,720 021,6982,1532910 Bangladesh 453

11 00111300 Belarus 2


0 1690332018596 Benin 148

0 002421 Bolivia 2

16 1,06707513,7781,960266 Brazil 1,960

7 00101120 Bulgaria 2

0 27205457305163 Burkina 180

16 1016921815252 Burma 48

0 000000 Cambodia 0

0 930413910949 Cameroon 42

0 000000 Canada 0


0 2702592626 Chad 30

0 000000 Chile 0

1,524 1109,03616,2575,770729 China 7,211

36 11415292 Colombia 9


10 00101300 Costa Rica 3

0 1470520315881 Cote d'Ivoire 51

0 000000 Croatia 0

2 003311 Cuba 0

0 000000 Cyprus 0


0 000000 Denmark 0


(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2018/2019 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country


15 00162121 Ecuador 5

98 4921362319127 Egypt 43

37 00364800 El Salvador 12

2 002300 Estonia 0

13 0052713814 Ethiopia 19

12 10111400 France 2

28 50233400 Germany 5

0 302863 Ghana 2

5 25002032027252 Greece 50

24 00243010 Guatemala 6

0 300433 Guinea 1

1 002212 Haiti 0

4 005610 Honduras 1


1 100100 Hungary 0

327 92505,4879,2496,2052,569 India 2,837

762 1076289711 Indonesia 134

65 001251576019 Iran 32

8 00111632 Iraq 5

0 000000 Ireland 0

0 120117122 Israel 4

41 10404700 Italy 6

56 00566400 Japan 8

0 44014866526 Kazakhstan 28

3 0091357 Kenya 4

21 003345124 Korea, North 12

174 1017421500 Korea, South 40

0 200023225 Kyrgyzstan 3

2 001200 Latvia 0

1 001100 Lebanon 0

19 00192400 Lesotho 5



0 2041074 Madagascar 3


(1000 MT and 1000 HA)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 701292015 Malawi 22

122 4406317400 Malaysia 67

0 26705456298161 Mali 184

25 00253000 Mauritius 5

201 120540372434848 Mexico 196

10 00101200 Moldova 3

10 00101300 Morocco 3

0 2101392426 Mozambique 17



0 101321 Niger 1

2 7044655159 Nigeria 15

479 4452,2862,9351,851588 Pakistan 600

0 000000 Panama 0

1 302852 Paraguay 2

47 106085174 Peru 24


3 003300 Poland 1

34 00344200 Portugal 8

0 000000 Romania 0

46 00465500 Russia 9

0 800995 Senegal 1

2 002200 Serbia 0

7 400700 Singapore 3

0 000000 Slovakia 0

1 001200 Slovenia 0

1 002223 Somalia 0

9 1702779398 South Africa 35

3 6007786414 Spain 12

2 003411 Sri Lanka 1

0 8201613910926 Sudan 41

0 000000 Sweden 0


0 1601239285 Syria 11

120 0012014800 Taiwan 28


(1000 MT and 1000 HA)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 9801218111541 Tajikistan 71

0 2203814287109 Tanzania 82

234 0522927300 Thailand 39

0 4103695035 Togo 24

4 007820 Tunisia 1

784 7601,6112,162936113 Turkey 474

0 1360147449305119 Turkmenistan 166

0 2003452716 Uganda 22

2 002300 Ukraine 1


1 3,375237405,1614,246981 United States 1,023

0 000000 Uruguay 0

0 21806101,148816261 Uzbekistan 321

3 002227193 Venezuela 5

1,676 001,6331,93510 Vietnam 302

0 005764 Yemen 1

0 49011034427 Zambia 53

0 3827845050 Zimbabwe 37

World

8,939 8,9434727,29354,35826,2147,165 World 18,076


(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2017/2018

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 35035877038 Afghanistan 17

0 001211 Albania 1

15 00152000 Algeria 5

10 00152252 Angola 7

15 10006251,307820350 Argentina 582

0 000000 Armenia 0

0 3,9000357,0934,900530 Australia 3,158

10 00101200 Austria 2

0 1100110367340130 Azerbaijan 147

40 00404800 Bahrain 8

7,400 0107,3009,16513544 Bangladesh 1,855

50 00506000 Belarus 10


0 7500151,383875450 Benin 618

3 10101884 Bolivia 7

50 4,20003,40015,8798,9001,190 Brazil 8,279

32 004250102 Bulgaria 8

0 1,0500251,7751,300850 Burkina 700

75 507751,004725249 Burma 224

1 001200 Cambodia 1

0 400020559500225 Cameroon 139

2 002200 Canada 0


0 250010411120120 Chad 151

0 000000 Chile 0

5,300 50040,00081,21927,5003,400 China 41,169

165 55190236409 Colombia 36


45 00455811 Costa Rica 13

0 650020877785366 Cote d'Ivoire 207

0 000000 Croatia 0

10 00141644 Cuba 2

0 000000 Cyprus 0


0 000000 Denmark 0


(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2017/2018 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country


65 00759393 Ecuador 18

500 1751058095430091 Egypt 189

175 0016521611 El Salvador 51

10 00101200 Estonia 2

50 0023032317560 Ethiopia 93

55 50506400 France 9

140 25011516400 Germany 24

0 15010332816 Ghana 8

25 1,1000901,3851,240230 Greece 195

110 0011013532 Guatemala 25

0 1400171412 Guinea 3

5 00101157 Haiti 1

20 00242942 Honduras 5


3 300300 Hungary 0

1,800 4,750024,20041,43028,50012,300 India 12,480

3,400 503,4004,02233 Indonesia 617

325 0057572025085 Iran 145

35 0050731510 Iraq 23

0 000000 Ireland 0

2 550479567 Israel 20

190 5018021300 Italy 28

255 0025529200 Japan 37

0 280060433290125 Kazakhstan 93

20 0040582429 Kenya 18

95 001502055519 Korea, North 55

900 509251,11900 Korea, South 189


6 105800 Latvia 2

5 005600 Lebanon 1

80 007510000 Lesotho 25



0 10020453020 Madagascar 15


(1,000 HA and 1000 480-lb. Bales)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 60051095560 Malawi 44

550 190027069800 Malaysia 238

0 1,1000251,8511,350730 Mali 726

115 0011513600 Mauritius 21

1,000 325251,8503,0011,556209 Mexico 801

45 00455700 Moldova 12

45 00456011 Morocco 15

0 10505180105130 Mozambique 70



0 5031395 Niger 5

10 450215314235270 Nigeria 54

2,900 1602510,40013,3658,2002,600 Pakistan 2,780

0 000000 Panama 0

4 15010342111 Paraguay 9

200 502753747917 Peru 94


13 00131600 Poland 3

160 1015519400 Portugal 38

2 002300 Romania 1

210 0021025100 Russia 41

0 3002353320 Senegal 3

8 0081000 Serbia 2

20 20002400 Singapore 4

0 000000 Slovakia 0

6 006800 Slovenia 2

3 001011712 Somalia 1

60 35010528417138 South Africa 144

15 245103033529463 Spain 50

8 00131755 Sri Lanka 4

0 350070559475120 Sudan 139

0 000000 Sweden 0


0 10006521416030 Syria 49

550 0057070000 Taiwan 130


(1,000 HA and 1000 480-lb. Bales)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 500050850550175 Tajikistan 300

0 900175515230350 Tanzania 250

1,050 1251,0501,25221 Thailand 176

0 175015277220160 Togo 87

20 003035102 Tunisia 5

4,100 35007,3009,6784,000470 Turkey 2,028

0 70006502,0141,360545 Turkmenistan 664

0 10001019012575 Uganda 80

9 0091200 Ukraine 3


5 16,0001283,35023,67820,9234,492 United States 4,200

0 000000 Uruguay 0

0 1,10002,5005,1233,8501,200 Uzbekistan 1,523

15 001001238515 Venezuela 23

6,900 006,6007,78531 Vietnam 1,185

0 2025322818 Yemen 5

0 10005379210130 Zambia 274

0 1251030319225200 Zimbabwe 154

World

39,647 40,128248120,768249,349122,76033,233 World 88,205


(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2017/2018

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

15 808048 Afghanistan 4

0 000000 Albania 0

0 003310 Algeria 1

1 003220 Angola 2

179 220136310376 Argentina 127

0 000000 Armenia 0

1,067 849080477115 Australia 688

0 002200 Austria 0

74 240240628 Azerbaijan 32

0 009920 Bahrain 2

29 021,5891,61135510 Bangladesh 404

0 00111120 Belarus 2


191 16303011198 Benin 135

2 002121 Bolivia 2

1,938 9140740111,509259 Brazil 1,803

2 009720 Bulgaria 2

283 229050103185 Burkina 152

158 10169164454 Burma 49

0 000000 Cambodia 0

109 870401349 Cameroon 30

0 000000 Canada 0


26 540206326 Chad 33

0 000000 Chile 0

5,987 1108,7091,15410,542740 China 8,964

9 11413672 Colombia 8


0 00101030 Costa Rica 3

171 1420402080 Cote d'Ivoire 45

0 000000 Croatia 0

1 003201 Cuba 0

0 000000 Cyprus 0


0 000000 Denmark 0


(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2017/2018 (Continued)

Area

Harvested

Ending

Stocks


n

Beginning

Stocks

Country


2 00161441 Ecuador 4

65 3821261093420 Egypt 41

0 00363890 El Salvador 11

0 002200 Estonia 0

38 0050112113 Ethiopia 20

0 10111220 France 2

0 50253050 Germany 5

6 302013 Ghana 2

270 23902052650 Greece 42

1 00242450 Guatemala 5

3 300013 Guinea 1

1 002102 Haiti 0

1 005410 Honduras 1


0 100100 Hungary 0

6,205 1,03405,2693922,4232,678 India 2,717

1 107407401351 Indonesia 134

54 00125713219 Iran 32

3 0011852 Iraq 5

0 000000 Ireland 0

12 1201052 Israel 4

0 10394150 Italy 6

0 00565680 Japan 8

63 6101303127 Kazakhstan 20

5 009436 Kenya 4

12 003321124 Korea, North 12

0 10201196480 Korea, South 41


0 001100 Latvia 0

0 001100 Lebanon 0

0 00161740 Lesotho 5



7 204034 Madagascar 3


(1,000 Metric Tons)


Area

Harvested

Ending

Stocks


n

Beginning

Stocks

Country

12 130101213 Malawi 10

0 41059120320 Malaysia 52

294 239050109159 Mali 158

0 00252550 Mauritius 5

339 7154032189746 Mexico 174

0 00101030 Moldova 3

0 00101030 Morocco 3

23 230101628 Mozambique 15



2 101011 Niger 1

51 1004721559 Nigeria 12

1,785 3552,264631493566 Pakistan 605

0 000000 Panama 0

5 302122 Paraguay 2

17 106044214 Peru 20


0 003310 Poland 1

0 00343570 Portugal 8

0 000000 Romania 0

0 00464690 Russia 9

7 700004 Senegal 1

0 400410 Singapore 1

0 000000 Slovakia 0

0 001100 Slovenia 0

2 002103 Somalia 0

37 802313128 South Africa 31

64 53273614 Spain 11

1 003211 Sri Lanka 1

103 7601501826 Sudan 30

0 000000 Sweden 0


35 220140127 Syria 11

0 00124120330 Taiwan 28

120 10901106538 Tajikistan 65


(1,000 Metric Tons)


Area

Harvested

Ending

Stocks


n

Beginning

Stocks

Country

50 2003806276 Tanzania 54

0 05229229440 Thailand 38

48 380301235 Togo 19

2 007410 Tunisia 1

871 7601,589893344102 Turkey 442

296 15201420142119 Turkmenistan 145

27 220201416 Uganda 17

0 002210 Ukraine 1


4,555 3,484287291599978 United States 914

0 000000 Uruguay 0

838 23905440277261 Uzbekistan 332

19 0022353 Venezuela 5

1 001,4371,5021920 Vietnam 258

6 005014 Yemen 1

46 220103728 Zambia 60

49 272702044 Zimbabwe 34

World

26,728 8,7375426,2948,63218,9307,236 World 19,205


Table 09: World Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Beginning

Stocks

Area

Harvested

Production Imports Total

Supply

Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Stock to

Use %

World

3932,61484,68053484,14630,103147,39730,52981,44630,86935,422 1987/88

3631,05785,88064285,23833,481150,41833,58284,22233,83132,614 1988/89

2924,98487,13923486,90531,357143,48032,70379,72031,69631,057 1989/90

3227,47385,69417085,52429,560142,72730,57887,16533,15324,984 1990/91

4336,97186,55636886,18828,204151,73129,02495,23434,75827,473 1991/92

4034,51086,4006386,33725,435146,34527,06782,30732,64336,971 1992/93

3327,83385,70314385,56026,620140,15627,96777,67930,71834,510 1993/94

3832,02084,292-33084,62228,118144,43030,30086,29732,25027,833 1994/95

4740,13585,396-54485,94027,396152,92727,00493,90335,92032,020 1995/96

5144,63987,351-58587,93626,777158,76728,57990,05333,74040,135 1996/97

5749,47386,686-58187,26726,777162,93625,92992,36833,79744,639 1997/98

6252,85883,651-1,11484,76523,517160,02624,48086,07332,88549,473 1998/99

5651,14490,490-60291,09227,126168,76027,99387,90932,35052,858 1999/00

5449,56290,724-1,42492,14826,156166,44226,20989,08932,01151,144 2000/01

5854,68093,601-78194,38229,081177,36229,29798,50333,71749,562 2001/02

4947,93297,558-80498,36230,400175,89030,18891,02230,77754,680 2002/03

5048,52697,079-90997,98833,152178,75734,15096,67532,25847,932 2003/04

5661,177107,910-1,245109,15534,949204,03633,965121,54535,75548,526 2004/05

5362,156115,128-1,793116,92144,922222,20644,668116,36134,49461,177 2005/06

5163,537122,493-1,715124,20837,416223,44638,305122,98534,70562,156 2006/07

5162,928121,743-2,094123,83738,868223,53939,453120,54932,87863,537 2007/08

5762,853108,810-1,436110,24630,207201,87030,573108,36930,62262,928 2008/09

4047,879119,482-12119,49435,804203,16536,928103,38430,18762,853 2009/10

4451,263115,611119115,49234,900201,77436,297117,59833,71647,879 2010/11

7274,449103,906-210104,11645,874224,22945,423127,54336,05651,263 2011/12

8591,927107,600-643108,24346,443245,97047,630123,89134,31674,449 2012/13

94102,945109,698-208109,90640,844253,48741,204120,35632,60791,927 2013/14

99110,752111,999268111,73135,478258,22936,065119,21933,914102,945 2014/15

8595,025112,361214112,14734,871242,25735,34996,15630,651110,752 2015/16

7686,942114,968156114,81237,401239,31137,658106,62829,70895,025 2016/17

7388,205121,016248120,76840,128249,34939,647122,76033,23386,942 2017/18

6683,020125,569215125,35441,073249,66241,058120,39932,90688,205 2018/19


Table 10: United States Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Area

Harvested

Yield Beginning

Stocks


Supply

Exports Use Loss Ending

Stocks

Stock to

Use %

United States

415,771-1827,6176,58219,788214,7605,0267924,059 1987/88

517,0921657,7826,14821,187515,4115,7716944,835 1988/89

183,000-1638,7597,69419,290212,1967,0926883,860 1989/90

142,344-2858,6577,79318,509415,5053,0007114,748 1990/91

233,70489,6136,64619,9711317,6142,3447315,245 1991/92

304,662-19010,2505,20119,923116,2183,7047854,501 1992/93

203,530-810,4186,86220,802616,1344,6626795,173 1993/94

132,650-3811,1989,40223,2122019,6623,5307945,391 1994/95

142,6092710,6477,67520,95840817,9002,6506026,478 1995/96

223,971-811,1266,86521,95440318,9422,6097915,216 1996/97

213,8874111,3497,50022,7771318,7933,9717545,425 1997/98

273,939-39410,4014,29818,24443913,9183,8877014,324 1998/99

233,91514510,1946,75021,0049716,9683,9396805,433 1999/00

386,000-4838,8626,74021,1191617,1883,9157085,282 2000/01

407,4481807,69611,00026,3242120,3036,0007905,596 2001/02

285,3851667,27311,90024,7246717,2097,4487465,025 2002/03

173,4502116,26613,75823,6854518,2555,3858184,858 2003/04

265,4951086,69114,43626,7302923,2513,4509585,284 2004/05

266,069-2005,87117,67329,4132823,8905,4959315,586 2005/06

539,4793034,93512,95927,6761921,5886,0699125,152 2006/07

5510,0514294,58413,63428,6981219,2079,4799854,245 2007/08

386,337-2633,54113,26122,876012,82510,0519123,063 2008/09

192,947-143,55012,03718,520012,1836,3378703,049 2009/10

142,6001823,90014,37621,058918,1022,9479104,330 2010/11

223,350-1723,30011,71418,1921915,5732,6008863,829 2011/12

233,8003483,50013,02620,6741017,3143,3509993,772 2012/13

172,3502923,55010,53016,7221312,9093,8009213,053 2013/14

253,6502103,57511,24618,6811216,3192,3509393,783 2014/15

303,8001683,4509,15316,5713312,8883,6508593,268 2015/16

152,750603,25014,91720,977717,1703,8009723,848 2016/17

224,2001283,35016,00023,678520,9232,7501,0144,492 2017/18

254,7001053,40015,50023,705519,5004,2009434,504 2018/19


Table 11: Foreign Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Area

Harvested

Yield Beginning

Stocks


Supply

Exports Use Loss Ending

Stocks

Total Foreign

26,84371676,52923,521127,60930,52766,68630,39654226,810 1987/88

23,96547777,45627,333129,23133,57768,81126,84351728,996 1988/89

21,98439778,14623,663124,19032,70167,52423,96552827,836 1989/90

25,12945576,86721,767124,21830,57471,66021,98454928,405 1990/91

33,26736076,57521,558131,76029,01177,62025,12957329,513 1991/92

29,84825376,08720,234126,42227,06666,08933,26751128,142 1992/93

24,30315175,14219,758119,35427,96161,54529,84852525,545 1993/94

29,370-29273,42418,716121,21830,28066,63524,30354026,859 1994/95

37,526-57175,29319,721131,96926,59676,00329,37056229,442 1995/96

40,668-57776,81019,912136,81328,17671,11137,52654328,524 1996/97

45,586-62275,91819,277140,15925,91673,57540,66856528,372 1997/98

48,919-72074,36419,219141,78224,04172,15545,58655028,561 1998/99

47,229-74780,89820,376147,75627,89670,94148,91957426,917 1999/00

43,562-94183,28619,416145,32326,19371,90147,22958626,729 2000/01

47,232-96186,68618,081151,03829,27678,20043,56260528,121 2001/02

42,547-97091,08918,500151,16630,12173,81347,23262425,752 2002/03

45,076-1,12091,72219,394155,07234,10578,42042,54762327,400 2003/04

55,682-1,353102,46420,513177,30633,93698,29445,07670230,471 2004/05

56,087-1,593111,05027,249192,79344,64092,47155,68269628,908 2005/06

54,058-2,018119,27324,457195,77038,286101,39756,08774729,553 2006/07

52,877-2,523119,25325,234194,84139,441101,34254,05877128,633 2007/08

56,516-1,173106,70516,946178,99430,57395,54452,87775527,559 2008/09

44,9322115,94423,767184,64536,92891,20156,51673227,138 2009/10

48,663-63111,59220,524180,71636,28899,49644,93273729,386 2010/11

71,099-38100,81634,160206,03745,404111,97048,66375632,227 2011/12

88,127-991104,74333,417225,29647,620106,57771,09976030,544 2012/13

100,595-500106,35630,314236,76541,191107,44788,12779229,554 2013/14

107,10258108,15624,232239,54836,053102,900100,59574430,131 2014/15

91,22546108,69725,718225,68635,31683,268107,10266227,383 2015/16

84,19296111,56222,484218,33437,65189,45891,22575325,860 2016/17

84,005120117,41824,128225,67139,642101,83784,19277128,741 2017/18

78,320110121,95425,573225,95741,053100,89984,00577328,402 2018/19


Documents

Cotton: World Markets and Trade - Cornell University · 2018/19 TRADE OUTLOOK Major Importers: 000s of 480-lb statistical bales Change Current Prev Reason WORLD -65 41,058 41,123