cotton: world markets and trade - cornell university€¦ · expectations for expanded trade...
TRANSCRIPT
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Approved by the World Agricultural Outlook Board/USDA
Vietnam: Strong Growth Boosts U.S. Exports
Vietnam is the world’s fastest-growing market for cotton. This strong demand has spurred opportunities
for greater U.S. exports. U.S. market share in Vietnam has grown to more than half from around a third
in only 3 years. Burgeoning imports of U.S. cotton are expected to underpin Vietnam’s record 2018/19
consumption and to surpass projections for 2017/18 record imports and use.
New and existing foreign investment continues to flow into Vietnam’s spinning mills, due to the
country’s low-cost environment relative to Japan and South Korea. A major contributing factor has been
Vietnam’s yarn exports, particularly to the world’s largest yarn importer – China – which accounts for
around half of the country’s yarn production.
China and other foreign exporters (e.g., India and Pakistan) continue to be displaced as Vietnam’s yarn
exports to China practically quintupled compared with 2012/13, signifying the expanding link between
these countries’ textile industries. Expectations for expanded trade support record spinning in addition to
greater cotton imports, especially those from the United States.
Vietnam was the leading destination for U.S. cotton exports in 2016/17 (and 2017/18 year-to-date), as
cotton was the most valuable U.S. agricultural export to the country during the same period, accounting
for over 40 percent of total agricultural export value. This has continued in 2017/18 as evidence by
record U.S. exports to Vietnam from August to June. Vietnam’s prowess as the projected second-largest
importer in 2017/18 and 2018/19 has helped propel 2017/18 U.S. exports even higher this month,
reaching the highest level in over a decade.
0%
10%
20%
30%
40%
50%
60%
70%
0
1,000
2,000
3,000
4,000
5,000
6,000
Mil
. B
ale
s
Cotton Imports: U.S. Cotton Expands Market
Share in Vietnam
U.S. ROW U.S. Market Share
United States
Department of
Agriculture
Foreign Agricultural Service July 2018
Cotton:
World Markets and Trade
0
1,000
2,000
3,000
4,000
5,000
6,000
Mil
. B
ale
s
Vietnam's Yarn Exports Soar to China
China Imports Total Production
Changes to China's Balance Sheet, July vs June USDA Estimates (‘000 bales)
MY Consumption
Ending Stocks
Stock-to-Use
Ratio
June July Change
June July Change
June July
2013/14 34,500 34,500 0
62,707 62,707 0
182% 182%
2014/15 34,000 34,500 500
66,920 66,420 -500
196% 192%
2015/16 35,000 36,000 1,000
58,198 56,698 -1,500
166% 157%
2016/17 37,500 38,500 1,000
48,419 45,919 -2,500
129% 119%
2017/18 40,000 41,000 1,000
41,169 37,594 -3,575
103% 91%
2018/19 41,500 42,500 1,000
33,119 28,444 -4,675
80% 67%
This month’s forecast contains modest changes based on a review of China’s textile trade relative to
consumption, recent domestic price movements, the level of sales by the state reserve this year, and
estimates of free-stocks compared to demand. Changes include increases to China’s consumption and
ending stocks for the period 2014/15 to 2018/19. Consumption was raised 500,000 bales in 2014/15 and
1.0 million bales in each of the subsequent years. In addition, exports were raised slightly for 2017/18
and 2018/19 to reflect higher re-exports from bonded warehouses.1 No changes were made to estimates
for production, and imports were virtually unchanged.
Changes to consumption and exports have lowered China’s 2018/19 endings stocks to 28.4 million bales
from 33.1 million, a reduction of 14 percent. China’s stocks-to-use ratio is now estimated at 67 percent
for 2018/19, well above the 36-percent average observed in the 5 years prior to State Reserve acquisitions
beginning in 2011/12. These higher stocks-to-use ratios reflect stocks still held by the state reserve, and
the view that free-stocks, those not held by the state reserve, are higher than those held before 2011/12
largely as a result of the large sales from the state reserve seen over the last few years.
1 Imports into the bonded warehouses are reflected in the import estimates and re-exports from these are shown as exports.
Foreign Agricultural Service/USDA 2 July 2018Office of Global Analysis
Overview
Production for 2018/19 is forecast down with the United States and Australia more than offsetting higher
supplies in Brazil, India, and Mexico. Trade is projected higher with larger Brazil exports and greater
imports for Pakistan and Bangladesh. Higher consumption is largely attributed to revisions for China.
The U.S. balance sheet reflects lower forecast production in spite of marginally higher-than-anticipated
plantings as indicated by last month’s Acreage Report. Production is reduced with higher expectations
for abandonment in Western Texas. The U.S. season-average farm price is up 5 cents to 75 cents per
pound.
For 2017/18, production is raised due to larger crops in India and Brazil, while use is higher reflecting
China revisions. Global trade is up with greater imports in Pakistan and Bangladesh driving higher
exports in India and the United States. 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 declined from last month, reflecting uncertain trade sentiment.
For more information on U.S. spot price click here; AMS Cotton Market News
Foreign Agricultural Service/USDA 3 July 2018Office of Global Analysis
2018/19 TRADE OUTLOOK
Major Importers: 000s of 480-lb statistical bales
Change Current Prev Reason
WORLD 175 41,233 41,058
Pakistan 100 2,300 2,200 Expectations for greater use
Bangladesh 100 8,000 7,900 Growth in use
Major Exporters 000s of 480-lb statistical bales Change Current Prev Reason
WORLD 165 41,238 41,073
Brazil 500 5,400 4,900 Higher forecast exportable
supplies
United States -500 15,000 15,500 Lower forecast production
China 100 150 50
Recent 2017/18 data
implies that competitive
exports will persist into the
next year
2017/18 TRADE OUTLOOK
Major Importers: 000s of 480-lb statistical bales Change Current Prev Reason
WORLD 500 40,147 39,647
Pakistan 300 3,200 2,900
Pace of trade to date,
especially recent U.S. sales
and India exports
Bangladesh 200 7,600 7,400 Strong pace of trade to date
China 100 5,400 5,300 Recent trade data
India -100 1,700 1,800 Larger domestic supplies
Major Exporters 000s of 480-lb statistical bales Change Current Prev Reason
WORLD 565 40,693 40,128
India 250 5,000 4,750 Strong pace of trade to date
United States 200 16,200 16,000 Recent export sales data
Australia 100 4,000 3,900 Greater foreign demand
Foreign Agricultural Service/USDA 4 July 2018Office of Global Analysis
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]
Graham Soley (202) 772-4235 [email protected]
Foreign Agricultural Service/USDA 5 July 2018Office of Global Analysis
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
-1000001000000 2017/18
-20000000-100-100-10 2018/19
Azerbaijan
0150151503000 2017/18
Bangladesh
020002000200000 2017/18
-10020002000100000 2018/19
Brazil
350000-50030000 2017/18
2001500150500050035080 2018/19
China
-500500050000000 2014/15
-1,5001,00001,000000-5000 2015/16
-2,5001,00001,000000-1,5000 2016/17
-3,4751,00001,000751000-2,5000 2017/18
-4,5751,00001,00010000-3,4750 2018/19
Cote d'Ivoire
-25000250000 2018/19
Greece
-505050000000 2015/16
-10050500000-500 2016/17
-12550500-2500-1000 2017/18
-15050500-2500-1250 2018/19
India
150000250-1005000100 2017/18
300000500200150100 2018/19
Israel
-5000-100-150-2 2018/19
Kazakhstan
-2500000-2500 2018/19
Korea, South
-250000-25000 2018/19
Malawi
Foreign Agricultural Service/USDA 6 July 2018Office of Global Analysis
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
Production Imports Exports Use Loss Total Dom.
Cons.
Ending
Stocks
-20000200000 2018/19
Mexico
-505005000000 2017/18
505005000150-5010 2018/19
Mozambique
-500050000 2018/19
Pakistan
10020002000300000 2017/18
02000200010001000 2018/19
United States
-2000002000000 2017/18
-700000-5000-1,000-200-251 2018/19
Uzbekistan
10000000100050 2017/18
1000000001000 2018/19
Vietnam
010001000100000 2015/16
World
World
-500500050000000 2014/15
-1,5501,150501,10001000-5000 2015/16
-2,6001,050501,000000-1,5500 2016/17
-3,2501,515501,465565500930-2,600150 2017/18
-5,1801,650501,600165175-290-3,250-73 2018/19
Foreign Agricultural Service/USDA 7 July 2018Office of Global Analysis
Table 01 Cotton World Supply, Use, and Trade (Season Beginning August 1)
(1000 MT)
2014/15 2015/16 2016/17 2017/18
Jun
2018/19
Jul
2018/19
Production none
6,423 India 5,639 5,879 6,314 6,205 6,249
6,532 China 4,790 4,953 5,987 5,770 5,770
3,553 United States 2,806 3,738 4,555 4,246 4,028
1,563 Brazil 1,289 1,528 2,003 1,960 2,068
2,308 Pakistan 1,524 1,676 1,785 1,851 1,851
697 Turkey 577 697 871 936 936
849 Uzbekistan 827 811 860 816 816
4,032 Other 3,483 3,933 4,554 4,431 4,433
25,957 Total 20,936 23,216 26,931 26,214 26,151
USE Dom. Consumption none
7,512 China 7,838 8,382 8,927 9,036 9,253
5,334 India 5,389 5,225 5,269 5,487 5,487
2,308 Pakistan 2,243 2,243 2,308 2,286 2,330
1,263 Bangladesh 1,372 1,481 1,633 1,698 1,742
893 Vietnam 980 1,176 1,437 1,633 1,633
1,393 Turkey 1,459 1,415 1,589 1,611 1,611
740 Brazil 675 697 740 751 784
4,993 Other 4,702 4,597 4,710 4,791 4,802
24,436 Total 24,657 25,215 26,613 27,293 27,641
Imports none
1,252 Bangladesh 1,388 1,481 1,655 1,720 1,742
931 Vietnam 1,002 1,197 1,502 1,676 1,676
1,804 China 959 1,096 1,176 1,524 1,524
800 Turkey 918 801 893 784 784
728 Indonesia 640 738 740 762 762
207 Pakistan 718 523 697 479 501
267 India 233 596 370 327 327
1,864 Other 1,859 1,768 1,709 1,667 1,662
7,852 Total 7,718 8,199 8,741 8,939 8,978
Exports none
2,449 United States 1,993 3,248 3,527 3,375 3,266
851 Brazil 939 607 904 1,067 1,176
523 Australia 616 811 871 958 958
914 India 1,255 991 1,089 925 936
239 Burkina 283 229 229 272 272
185 Mali 218 239 239 267 267
254 Greece 209 223 234 250 245
2,308 Other 2,080 1,795 1,768 1,828 1,859
7,725 Total 7,592 8,143 8,860 8,943 8,979
Ending Stocks none
14,461 China 12,345 9,998 8,207 7,211 6,215
2,936 India 2,165 2,423 2,750 2,837 2,902
1,548 Brazil 1,243 1,509 1,879 1,960 2,004
795 United States 827 599 871 1,023 871
629 Pakistan 569 493 627 600 600
396 Australia 409 477 666 549 506
347 Turkey 334 344 442 474 474
2,891 Other 2,459 2,521 3,056 3,421 3,376
24,005 Total 20,352 18,363 18,497 18,076 16,948
Foreign Agricultural Service/USDA 8 July 2018Office of Global Analysis
Table 02 Cotton World Supply, Use, and Trade (Season Beginning August 1)
(1000 Bales)
2014/15 2015/16 2016/17 2017/18
Jun
2018/19
Jul
2018/19
Production none
7,180 Brazil 5,920 7,020 9,200 9,000 9,500
30,000 China 22,000 22,750 27,500 26,500 26,500
29,500 India 25,900 27,000 29,000 28,500 28,700
10,600 Pakistan 7,000 7,700 8,200 8,500 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 18,500
3,900 Uzbekistan 3,800 3,725 3,950 3,750 3,750
18,520 Other 15,998 18,063 20,917 20,349 20,359
119,219 Total 96,156 106,628 123,690 120,399 120,109
USE Dom. Consumption none
5,800 Bangladesh 6,300 6,800 7,500 7,800 8,000
3,400 Brazil 3,100 3,200 3,400 3,450 3,600
34,500 China 36,000 38,500 41,000 41,500 42,500
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 10,600 10,500 10,700
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 2,800 2,800
4,100 Vietnam 4,500 5,400 6,600 7,500 7,500
14,356 Other 13,347 12,512 12,383 12,304 12,354
112,231 Total 113,247 115,812 122,233 125,354 126,954
Imports none
5,750 Bangladesh 6,375 6,800 7,600 7,900 8,000
8,284 China 4,406 5,032 5,400 7,000 7,000
1,226 India 1,072 2,736 1,700 1,500 1,500
3,345 Indonesia 2,941 3,391 3,400 3,500 3,500
1,321 Korea, South 1,175 1,025 900 800 775
830 Mexico 975 1,000 1,000 925 925
950 Pakistan 3,300 2,400 3,200 2,200 2,300
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 4,600 5,500 6,900 7,700 7,700
4,934 Other 5,112 4,869 4,897 4,858 4,858
36,065 Total 35,449 37,658 40,147 41,058 41,233
Exports none
2,404 Australia 2,828 3,727 4,000 4,400 4,400
575 Benin 700 625 750 775 775
3,910 Brazil 4,314 2,789 4,150 4,900 5,400
1,100 Burkina 1,300 1,050 1,050 1,250 1,250
860 Cote d'Ivoire 780 625 650 675 700
1,168 Greece 959 1,022 1,075 1,150 1,125
4,199 India 5,764 4,550 5,000 4,250 4,300
850 Mali 1,000 1,100 1,100 1,225 1,225
11,246 United States 9,153 14,917 16,200 15,500 15,000
2,600 Uzbekistan 2,200 1,500 1,100 1,000 1,000
6,566 Other 5,873 5,496 5,618 5,948 6,063
35,478 Total 34,871 37,401 40,693 41,073 41,238
Ending Stocks none
1,818 Australia 1,880 2,193 3,058 2,523 2,323
7,112 Brazil 5,709 6,929 8,629 9,004 9,204
66,420 China 56,698 45,919 37,694 33,119 28,544
13,486 India 9,944 11,130 12,630 13,030 13,330
2,890 Pakistan 2,615 2,265 2,880 2,755 2,755
1,596 Turkey 1,533 1,578 2,028 2,178 2,178
3,650 United States 3,800 2,750 4,000 4,700 4,000
13,280 Other 11,296 11,578 14,036 15,711 15,506
110,252 Total 93,475 84,342 84,955 83,020 77,840
Foreign Agricultural Service/USDA 9 July 2018Office of Global Analysis
Table 04 Cotton Area, Yield, and Production
From last month From last year
MBalesPercent
Yield
(Kilograms per hectare)
Jul 2016/17 MBales
Country / Region
Area
(Million hectares)
Production
(Million 480 lb. bales)
Change in Production
2016/17
Prel.
2017/18 Jun Jun
Prel.
2017/18 Jul
Prel.
2017/18 Jun Jul Percent
2018/19 Proj.2018/19 Proj. 2018/19 Proj.
2016/17
29.71World -2.90-3.58-0.24-0.29120.1133.38 32.91 32.83 781 807 797 796 106.63 123.69 120.40
3.85United States -11.58-2.42-5.13-1.0018.504.49 4.50 4.25 972 1,014 943 947 17.17 20.92 19.50
25.86Total Foreign -1.13-1.160.700.71101.6128.89 28.40 28.58 753 774 773 774 89.46 102.77 100.90
none
Western Hemisphere
0.94 Brazil 3.260.305.560.509.501.19 1.22 1.30 1,626 1,683 1,606 1,591 7.02 9.20 9.00
0.10 Mexico 12.470.199.380.151.750.21 0.22 0.23 1,602 1,621 1,583 1,657 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 -7.64-0.060.000.000.730.37 0.37 0.37 394 467 427 427 0.63 0.79 0.73
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 4.550.010.000.000.230.16 0.16 0.16 323 299 313 313 0.20 0.22 0.23
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 -3.64-1.000.000.0026.503.40 3.35 3.35 1,708 1,761 1,722 1,722 22.75 27.50 26.50
10.85 India -1.03-0.300.700.2028.7012.40 11.80 11.90 542 509 526 525 27.00 29.00 28.50
2.40 Pakistan 3.660.300.000.008.502.60 2.70 2.70 699 687 685 685 7.70 8.20 8.50
0.12 Kazakhstan -5.17-0.02-8.33-0.030.280.13 0.12 0.12 568 505 544 499 0.30 0.29 0.30
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 -5.06-0.200.000.003.751.25 1.20 1.20 687 688 680 680 3.73 3.95 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 -24.49-1.20-2.63-0.103.700.53 0.44 0.43 1,520 2,013 1,880 1,873 4.05 4.90 3.80
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 9.430.31-0.42-0.023.541.62 1.80 1.80 391 435 430 428 2.81 3.23 3.55
Note: Yeild for Total Foreign and Others is an incorrect calculation.
Foreign Agricultural Service/USDA 10 July 2018Office of Global Analysis
(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 4,4000356,7583,700430 Australia 2,323
10 00101200 Austria 2
0 2100120562415155 Azerbaijan 232
40 00404800 Bahrain 8
8,000 0108,0009,99013544 Bangladesh 1,980
50 00506000 Belarus 10
40 200204800 Belgium-Luxembour 8
0 7750151,468850440 Benin 678
2 00101784 Bolivia 7
75 5,40003,60018,2049,5001,300 Brazil 9,204
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 150042,50071,19426,5003,350 China 28,544
165 55190241409 Colombia 41
2 0017211530 Congo (Kinshasa) 4
45 00455911 Costa Rica 14
0 700025932725370 Cote d'Ivoire 207
0 000000 Croatia 0
10 00141644 Cuba 2
0 000000 Cyprus 0
10 00101200 Czech Republic 2
0 000000 Denmark 0
Foreign Agricultural Service/USDA 11 July 2018Office of Global Analysis
(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 1,12550901,3451,250240 Greece 80
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 4,300025,20042,83028,70011,900 India 13,330
3,500 503,5004,12033 Indonesia 615
300 0057572027585 Iran 145
35 0050731510 Iraq 23
0 000000 Ireland 0
2 450462405 Israel 13
190 5018521800 Italy 28
255 0025529200 Japan 37
0 200065368275120 Kazakhstan 103
15 0040582530 Kenya 18
95 001502055519 Korea, North 55
775 5080096400 Korea, South 159
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
Foreign Agricultural Service/USDA 12 July 2018Office of Global Analysis
(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
0 50051349070 Malawi 79
560 200029079800 Malaysia 308
0 1,2250252,0961,370740 Mali 846
115 0011513600 Mauritius 21
925 550251,9003,4261,750230 Mexico 951
45 00455700 Moldova 12
45 00456111 Morocco 16
0 10005180110120 Mozambique 75
0 000000 Netherlands 0
0 90112104 Nicaragua 2
0 6031495 Niger 5
10 300200299235270 Nigeria 69
2,300 2002510,70013,6808,5002,700 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
Foreign Agricultural Service/USDA 13 July 2018Office of Global Analysis
(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
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 15,0001053,40022,50518,5004,253 United States 4,000
0 000000 Uruguay 0
0 1,00002,8005,3733,7501,200 Uzbekistan 1,573
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
41,233 41,238265126,954246,297120,10932,833 World 77,840
Foreign Agricultural Service/USDA 14 July 2018Office of Global Analysis
(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 958081,47180694 Australia 506
2 002300 Austria 0
0 460261229034 Azerbaijan 51
9 0091000 Bahrain 2
1,742 021,7422,1752910 Bangladesh 431
11 00111300 Belarus 2
9 4041000 Belgium-Luxembour 2
0 1690332018596 Benin 148
0 002421 Bolivia 2
16 1,17607843,9632,068283 Brazil 2,004
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 7001077 Central African Republic 3
0 2702592626 Chad 30
0 000000 Chile 0
1,524 3309,25315,5015,770729 China 6,215
36 11415292 Colombia 9
0 004537 Congo (Kinshasa) 1
10 00101300 Costa Rica 3
0 1520520315881 Cote d'Ivoire 45
0 000000 Croatia 0
2 003311 Cuba 0
0 000000 Cyprus 0
2 002300 Czech Republic 0
0 000000 Denmark 0
Foreign Agricultural Service/USDA 15 July 2018Office of Global Analysis
(1000 MT and 1000 HA)
Table 05A Cotton Supply and Distribution MY 2018/2019 (Continued)
Area
Harvested
Ending
Stocks
ExportsLossUseTotal
Supply
ImportsProductio
n
Country
0 001111 Dominican Republic 0
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 245112029327252 Greece 17
24 00243010 Guatemala 6
0 300433 Guinea 1
1 002212 Haiti 0
4 005610 Honduras 1
0 000000 Hong Kong 0
1 100100 Hungary 0
327 93605,4879,3256,2492,591 India 2,902
762 1076289711 Indonesia 134
65 001251576019 Iran 32
8 00111632 Iraq 5
0 000000 Ireland 0
0 10011391 Israel 3
41 10404700 Italy 6
56 00566400 Japan 8
0 44014806026 Kazakhstan 22
3 0091357 Kenya 4
21 003345124 Korea, North 12
169 1017421000 Korea, South 35
0 200023225 Kyrgyzstan 3
2 001200 Latvia 0
1 001100 Lebanon 0
19 00192400 Lesotho 5
0 000000 Lithuania 0
1 001100 Macedonia 0
0 2041074 Madagascar 3
Foreign Agricultural Service/USDA 16 July 2018Office of Global Analysis
(1000 MT and 1000 HA)
Table 05A Cotton Supply and Distribution MY 2018/2019 (Continued)
Area
Harvested
Ending
Stocks
ExportsLossUseTotal
Supply
ImportsProductio
n
Country
0 1101292015 Malawi 17
122 4406317400 Malaysia 67
0 26705456298161 Mali 184
25 00253000 Mauritius 5
201 120541474638150 Mexico 207
10 00101200 Moldova 3
10 00101300 Morocco 3
0 2201392426 Mozambique 16
0 000000 Netherlands 0
0 200321 Nicaragua 0
0 101321 Niger 1
2 7044655159 Nigeria 15
501 4452,3302,9781,851588 Pakistan 600
0 000000 Panama 0
1 302852 Paraguay 2
47 106085174 Peru 24
14 00141800 Philippines 3
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
1 001100 Switzerland 0
0 1601239285 Syria 11
120 0012014800 Taiwan 28
Foreign Agricultural Service/USDA 17 July 2018Office of Global Analysis
(1000 MT and 1000 HA)
Table 05A Cotton Supply and Distribution MY 2018/2019 (Continued)
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
0 000100 United Kingdom 0
1 3,266237404,9004,028926 United States 871
0 000000 Uruguay 0
0 21806101,170816261 Uzbekistan 342
3 002227193 Venezuela 5
1,676 001,6331,93510 Vietnam 302
0 005764 Yemen 1
0 49011034427 Zambia 53
0 3827845050 Zimbabwe 37
World
8,978 8,9795827,64153,62526,1517,149 World 16,948
Foreign Agricultural Service/USDA 18 July 2018Office of Global Analysis
(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 4,0000357,0934,900530 Australia 3,058
10 00101200 Austria 2
0 1250125397370130 Azerbaijan 147
40 00404800 Bahrain 8
7,600 0107,5009,36513544 Bangladesh 1,855
50 00506000 Belarus 10
40 200204800 Belgium-Luxembour 8
0 7500151,383875450 Benin 618
3 10101884 Bolivia 7
50 4,15003,40016,1799,2001,190 Brazil 8,629
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 3000423232 Central African Republic 12
0 250010411120120 Chad 151
0 000000 Chile 0
5,400 125041,00078,81927,5003,400 China 37,694
165 55190236409 Colombia 36
2 0017211530 Congo (Kinshasa) 4
45 00455811 Costa Rica 13
0 650020877785366 Cote d'Ivoire 207
0 000000 Croatia 0
10 00141644 Cuba 2
0 000000 Cyprus 0
11 00111300 Czech Republic 2
0 000000 Denmark 0
Foreign Agricultural Service/USDA 19 July 2018Office of Global Analysis
(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
1 004534 Dominican Republic 1
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 1,07550901,2851,240230 Greece 70
110 0011013532 Guatemala 25
0 1400171412 Guinea 3
5 00101157 Haiti 1
20 00242942 Honduras 5
0 100100 Hong Kong 0
3 300300 Hungary 0
1,700 5,000024,20041,83029,00012,400 India 12,630
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
0 8000858020 Kyrgyzstan 5
6 105800 Latvia 2
5 005600 Lebanon 1
80 007510000 Lesotho 25
0 000000 Lithuania 0
5 005600 Macedonia 1
0 10020453020 Madagascar 15
Foreign Agricultural Service/USDA 20 July 2018Office of Global Analysis
(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
0 60051095560 Malawi 44
550 190027069800 Malaysia 238
0 1,1000251,8511,350730 Mali 726
115 0011513600 Mauritius 21
1,000 325251,9003,0011,556209 Mexico 751
45 00455700 Moldova 12
45 00456011 Morocco 15
0 10505180105130 Mozambique 70
0 000000 Netherlands 0
0 90112104 Nicaragua 2
0 5031395 Niger 5
10 450215314235270 Nigeria 54
3,200 1602510,60013,6658,2002,600 Pakistan 2,880
0 000000 Panama 0
4 15010342111 Paraguay 9
200 502753747917 Peru 94
65 00657921 Philippines 14
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
4 004500 Switzerland 1
0 10006521416030 Syria 49
550 0057070000 Taiwan 130
Foreign Agricultural Service/USDA 21 July 2018Office of Global Analysis
(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
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
2 002300 United Kingdom 1
5 16,2001283,35023,67820,9234,492 United States 4,000
0 000000 Uruguay 0
0 1,10002,5005,2233,9501,250 Uzbekistan 1,623
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
40,147 40,693298122,233248,179123,69033,383 World 84,955
Foreign Agricultural Service/USDA 22 July 2018Office of Global Analysis
(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 871080477115 Australia 666
0 002200 Austria 0
81 270270628 Azerbaijan 32
0 009920 Bahrain 2
29 021,6331,65535510 Bangladesh 404
0 00111120 Belarus 2
0 404920 Belgium-Luxembour 2
191 16303011198 Benin 135
2 002121 Bolivia 2
2,003 9040740111,509259 Brazil 1,879
2 009720 Bulgaria 2
283 229050103185 Burkina 152
158 10169164454 Burma 49
0 000000 Cambodia 0
109 870401349 Cameroon 30
0 000000 Canada 0
7 700027 Central African Republic 3
26 540206326 Chad 33
0 000000 Chile 0
5,987 2708,9271,1769,998740 China 8,207
9 11413672 Colombia 8
3 004017 Congo (Kinshasa) 1
0 00101030 Costa Rica 3
171 1420402080 Cote d'Ivoire 45
0 000000 Croatia 0
1 003201 Cuba 0
0 000000 Cyprus 0
0 002200 Czech Republic 0
0 000000 Denmark 0
Foreign Agricultural Service/USDA 23 July 2018Office of Global Analysis
(1,000 Metric Tons)
Table 06A: Cotton Supply and Distribution by Country 2017/2018 (Continued)
Area
Harvested
Ending
Stocks
ExportsLossUseImportsProductio
n
Beginning
Stocks
Country
1 001001 Dominican Republic 0
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 23411205450 Greece 15
1 00242450 Guatemala 5
3 300013 Guinea 1
1 002102 Haiti 0
1 005410 Honduras 1
0 000000 Hong Kong 0
0 100100 Hungary 0
6,314 1,08905,2693702,4232,700 India 2,750
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
17 1700014 Kyrgyzstan 1
0 001100 Latvia 0
0 001100 Lebanon 0
0 00161740 Lesotho 5
0 000000 Lithuania 0
0 001100 Macedonia 0
7 204034 Madagascar 3
Foreign Agricultural Service/USDA 24 July 2018Office of Global Analysis
(1,000 Metric Tons)
Table 06A: Cotton Supply and Distribution by Country 2017/2018 (Continued)
Area
Harvested
Ending
Stocks
ExportsLossUseImportsProductio
n
Beginning
Stocks
Country
12 130101213 Malawi 10
0 41059120320 Malaysia 52
294 239050109159 Mali 158
0 00252550 Mauritius 5
339 7154142189746 Mexico 164
0 00101030 Moldova 3
0 00101030 Morocco 3
23 230101628 Mozambique 15
0 000000 Netherlands 0
2 200001 Nicaragua 0
2 101011 Niger 1
51 1004721559 Nigeria 12
1,785 3552,308697493566 Pakistan 627
0 000000 Panama 0
5 302122 Paraguay 2
17 106044214 Peru 20
0 00141430 Philippines 3
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
0 001100 Switzerland 0
35 220140127 Syria 11
0 00124120330 Taiwan 28
120 10901106538 Tajikistan 65
Foreign Agricultural Service/USDA 25 July 2018Office of Global Analysis
(1,000 Metric Tons)
Table 06A: Cotton Supply and Distribution by Country 2017/2018 (Continued)
Area
Harvested
Ending
Stocks
ExportsLossUseImportsProductio
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
0 000000 United Kingdom 0
4,555 3,527287291599978 United States 871
0 000000 Uruguay 0
860 23905440277272 Uzbekistan 353
19 0022353 Venezuela 5
1 001,4371,5021920 Vietnam 258
6 005014 Yemen 1
46 220103728 Zambia 60
49 272702044 Zimbabwe 34
World
26,931 8,8606526,6138,74118,3637,268 World 18,497
Foreign Agricultural Service/USDA 26 July 2018Office of Global Analysis
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
98110,252112,499268112,23135,478258,22936,065119,21933,914102,945 2014/15
8393,475113,511264113,24734,871241,85735,44996,15630,651110,252 2015/16
7384,342116,018206115,81237,401237,76137,658106,62829,70893,475 2016/17
7084,955122,531298122,23340,693248,17940,147123,69033,38384,342 2017/18
6177,840127,219265126,95441,238246,29741,233120,10932,83384,955 2018/19
Foreign Agricultural Service/USDA 27 July 2018Office of Global Analysis
Table 10: United States Cotton Supply and Distribution
(1,000 HA and 1000 480-lb. Bales)
Country Mktg
Year
Area
Harvested
Yield Beginning
Stocks
Production Imports Total
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
204,0001283,35016,20023,678520,9232,7501,0144,492 2017/18
224,0001053,40015,00022,505518,5004,0009474,253 2018/19
Foreign Agricultural Service/USDA 28 July 2018Office of Global Analysis
Table 11: Foreign Cotton Supply and Distribution
(1,000 HA and 1000 480-lb. Bales)
Country Mktg
Year
Area
Harvested
Yield Beginning
Stocks
Production Imports Total
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
106,60258108,65624,232239,54836,053102,900100,59574430,131 2014/15
89,67596109,79725,718225,28635,41683,268106,60266227,383 2015/16
81,592146112,56222,484216,78437,65189,45889,67575325,860 2016/17
80,955170118,88324,493224,50140,142102,76781,59277428,891 2017/18
73,840160123,55426,238223,79241,228101,60980,95577428,580 2018/19
Foreign Agricultural Service/USDA 29 July 2018Office of Global Analysis