COTTON AND WOOL OUTLOOK March 9, 2001 March 2001, ERS-CWS-0200 Approved by the World Agricultural Outlook Board -------------------------------------------------------------------------- COTTON AND WOOL OUTLOOK is issued electronically monthly by the Economic Research Service, U.S. Department of Agriculture, Washington, DC 20036-5831. Electronic release only; no printed copies available. -------------------------------------------------------------------------- HIGHLIGHTS U.S. Cotton Supply and Demand Overview Foreign Production and Consumption Little Changed U.S. Mill Use and Exports Revised Forecasting U.S. 2000/01 Exports Seasonal Export Commitment Patterns, 1987-99 Late Season Commitments for 2000/01 Textile Trade Deficit Widens in 2000 U.S. Domestic Consumption Expands in 2000 U.S. Cotton Supply and Demand Overview The 2000/01 U.S. cotton crop remains estimated at 17.2 million bales compared with 17 million in 1999/2000. The U.S. Department of Agriculture (USDA) will release final production estimates on May 10. Based on the current production estimate and beginning stocks of 3.9 million bales, this season’s U.S. cotton supply totaled about 21.2 million, nearly 200,000 bales above last season. However, total demand for U.S. cotton is projected to decrease this season. A moderate decline in U.S. mill use is more than offsetting a slight increase in exports. Total demand is expected to reach 16.4 million bales in 2000/01, 3.5 percent below a year earlier. Based on this supply and demand outlook, U.S. ending stocks for the current season are projected nearly 900,000 bales above last season at 4.8 million. As a result, the 2000/01 stocks-to-use ratio is expected to rise to 29 percent, the highest since 1992/93. Foreign Production and Consumption Little Changed Foreign production in 2000/01 is estimated at 70.9 million bales; foreign consumption is estimated at 82.3 million bales. Each is estimate is 100,000 bales lower than the previous month’s. Foreign imports are estimated at about 27 million bales, and foreign exports at 19.5 million. Imports are forecast about 100,000 bales lower this month, and exports are essentially forecast the same. Foreign ending stocks are forecast at 32.9 million bales, down 100,000 bales from the February forecast. U.S. Mill Use and Exports Revised U.S. mill use and exports were lowered this month with adjustments of 200,000 and 100,000 bales, respectively. U.S. mill use in 2000/01 is now expected to reach only 9.5 million bales compared with 10.2 million last season. The decline is attributable to the recent slowing of economic growth and the continued restructuring of the U.S. textile industry. While the most recent data from the Commerce Department indicated a decline in the seasonally adjusted annual rate (SAAR) to about 9.1 million bales, the SAAR average for the first half of 2000/01 is equal to the March estimate of 9.5 million. Actual U.S. mill use for August 2000 through January 2001 totaled 4.75 million statistical bales, compared with 5 million last year. U.S. exports in 2000/01 are projected at 6.9 million bales, 2 percent above last season’s shipment level. Despite increased U.S. exportable supplies, 2000/01 shipments are expected to rise only slightly as foreign imports are projected lower. Although world cotton demand is similar to 1999/2000, a larger share of consumption is occurring in producing countries. During the first seven months of 2000/01, Export Sales indicate that U.S. cotton shipments have totaled about 3.3 million bales, or approximately 48 percent of the latest export forecast. While both sales and shipments have been sluggish during the first half of the season, they have picked up recently. Forecasting U.S. 2000/01 Exports The U.S. cotton export outlook for the rest of 2000/01 remains obscure, with some indicators suggesting lower exports than the year before and others higher. The most negative indicator is the volume of sales to date. Assuming average seasonal patterns of sales and shipments, 2000/01 commitments as of March 1 suggest a marketing year export total of 6.2 to 6.4 million bales. The most positive indicators are the shortfall in foreign cotton supplies outside of China during 1999/2000 and again in 2000/01, and China’s plummeting exports during 2000/01. Assuming historical relations between these indicators and U.S. exports hold true this year, exports of 6.8 to 7.9 million bales would be possible. One could forecast U.S. exports as a weighted average of these two methodologies: one method accounting for past behavior (low purchases to date), and the other for future behavior (consummation of deferred purchases). Another option is to more carefully examine commitments and break out more recent developments from those that occurred some time ago. The last month has seen significant improvement in the rate at which commitments grow, and careful examination indicates that early season commitments were unusually weak. Since a forecast of marketing year total exports or commitments using year to date data assumes that both early and late season patterns are normal, it would be expected to underestimate exports particularly in a year like 2000/01. Seasonal Export Commitment Patterns, 1987-99 Excluding 1992/93-1995/96, the years under the old Step 2 program, during the first quarter of an average year, each week’s net sales account for about 1.5 percent of the year’s commitments; during the second quarter this averages about 1.6 percent; and then 1.1 percent during the third quarter. During 2000/01, only 1.1 percent of the volume necessary to give exports of 6.9 million bales accrued weekly during the first quarter. The second quarter improved to a 1.4-percent rate, and 5 weeks into the third quarter have seen an average rate a little higher than 1.8 percent. If commitments average 1.5 percent each week for the rest of the third quarter, then commitments need only average 0.5 percent per week during the fourth quarter for the year’s total commitments to be large enough for both 6.9 million bales to be exported and a rollover of 10 percent of 2000/01 commitments into the next marketing year. The average fourth quarter weekly commitment gain has been 0.3 percent, and the average rollover during the last 5 years has been 10 percent. The share of commitments rolled over in a given year is only weakly associated with the share of shipments made after March 1. This is relevant because reaching 6.9 million bales of exports during 2000/01 requires not only seasonally high commitments, but also seasonally high shipments. Using Export Sales shipment data, less than half of the season’s exports have occurred to date, and weekly shipments will have to average 166,000 running bales for the rest of the year to achieve a 6.9-million-bale marketing year forecast. Comparable or higher exports after week 31 have occurred only in 4 other years since 1976: marketing years 1979, 1993, 1994, and 1996. However, after these, the next largest year for late shipping was 1999/2000. Marketing year 2000, therefore, needs to surpass its year-earlier performance by only 6.1 percent in order to achieve 6.9 million bales. Shipments during the last 4 weeks ending March 1 have averaged 140,000 bales, and the average rose sharply in February. During the most recent week available, shipments totaled 180,000 bales. Late Season Commitments for 2000/01 Historical experience suggests that the volume of U.S. commitments to date is sufficient to support exports of 6.9 million bales. Forecasting commitments for the rest of the year based on seasonally disaggregated sales data suggest exports could range from 6.7 to 7.1 million bales. Sales during different parts of the marketing year have varying relevance to sales after March 1. The circumstances determining sales behavior during August and September can be quite different from the circumstances during February and March. The behavior of prices during the course of this marketing year suggests that this is one of those years. The varying relationships between sales at the beginning of the marketing year and those at the end can be illustrated by regressing end-of-year commitments (those accruing during weeks 32 through 52) on five independent variables, each covering sales during a 6-week period leading up to week 31 (with one extra week in the last period). Regressing with data for the marketing years 1987-99 (excluding 1992/93-1995/96, the years influenced by the old Step 2 program) suggests that the volume of sales during the first 6 weeks of the marketing year contain little information about sales after March 1. The same is true for the second and third 6-week periods. Among these three 6-week periods, the second has the greatest relevance: a 1-percent increase in sales volume from average during this period is associated with a 0.15-percent increase from average in sales during the last 21 weeks of the year. Interestingly enough, sales during the fourth 6-week period (weeks 19 through 24) are negatively associated with sales after week 31. A 1-percent increase from average sales during this period is associated with a 1-percent decline from average in late season sales. This is only a simple regression, but this does support the contention that U.S. sales decline late in the year not only because of increased competition from other exporters, but also because less U.S. cotton is generally available. With mill use declining, the combination of large exportable supplies and below average export sales to date boosts the cotton available for export as of March 1 to 1.2 million bales above the average. Finally, week 25 through 31 sales are strongly positively associated with sales in subsequent weeks. A 1-percent increase from average sales during this period is associated with a 2- percent increase from average in late-season sales. During 2000/01, sales during week 25 through 31 have been 26 percent above average, consistent with late-season sales 400,000 bales above average, and U.S. exports for the year of 6.9 million bales. Textile Trade Deficit Widens in 2000 U.S. textile imports totaled 956 million pounds (raw-fiber equivalent) last December, 12 percent below a month earlier but 2 percent above a year earlier. Imports of all major fibers, except linen, were lower than the previous month. Similarly imports of all major end-use categories declined in December, compared with a month earlier. Apparel imports, at 611 million pounds, were 16 percent below November. December textile exports also declined from a month earlier, totaling 399 million pounds. Exports were the lowest since January 2000 and were 13 percent below a month earlier. Total exports declined in each major end-use category and for all fiber types. Cotton textile exports declined to 180 million pounds, down 15 percent from a month earlier. Total 2000 textile imports reached 13.6 billion pounds, 1.6 billion above 1999. Similarly, textile exports totaled 5.3 billion pounds, a gain of 734 million pounds from a year earlier. Both textile imports and exports were records in 2000. The total trade deficit reached 8.3 billion pounds in 2000, compared with 7.4 billion in 1999 and 6.4 billion in 1998. Cotton accounted for 61 percent (5.1 billion pounds) of the deficit. Twenty-eight percent of the deficit was attributed to manmade fibers, while 3 percent came from wool textiles. The remaining 8 percent came from silk and linen textiles, with the latter accounting for 5 percent. U.S. Domestic Consumption Expands in 2000 Domestic fiber consumption continued its rise for the fifth consecutive year in calendar 2000. The increase, however, was the result of escalating textile imports as U.S. total fiber mill use increased only slightly in 2000. U.S. mill use of all fibers totaled nearly 16.5 billion pounds, compared with 16.4 billion in 1999; an increase in manmade fiber use more than offset a decline in the use of natural fibers. Manmade fibers now account for 70 percent of all fibers consumed in U.S. mills, up 1.5 percentage points from 1999. Most of this gain came at the expense of cotton, which fell below 29 percent in 2000. Total domestic consumption of fibers, which includes trade in textile products, rose about 4 percent from 1999 to nearly 24.8 billion pounds. Textile imports jumped 13 percent in 2000 while textile exports increased 16 percent. Manmade fibers continue to account for about 56 percent of domestic fiber consumption, cotton accounts for another 40 percent, while wool, linen, and silk contribute the remaining 4 percent. In addition, per capita fiber demand at the retail market continued strong in calendar 2000, with much of this demand filled with less expensive imported products. After rising 2 pounds in 1999, per capita fiber consumption rose an additional 2 pounds in 2000 to a record 90 pounds. In 2000, the average consumer purchased more than 50 pounds of manmade fibers in the form of textile and apparel products, up 7 pounds from just 5 years ago. Similarly, per capita use of cotton products has risen to nearly 36 pounds, the highest in over 50 years. The next Cotton and Wool Outlook (CWS-0301) will be released on April 11, 2001. * * * * * Introduced in January: A re-designed and re-engineered ERS website provides you with accurate, timely, comprehensive, easy- to-find economic analysis on issues related to agriculture, food, the environment, and rural development. The website includes 16 commodity Briefing Rooms, 12 country Briefing Rooms, and a host of issue-oriented Briefing Rooms covering issues ranging from analysis of the World Trade Organization (WTO) to topics such as risk management, farm structure, and conservation and environmental policies. 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Bookmark www.ers.usda.gov ***************************************************************** Information Contacts: Leslie Meyer (U.S. Cotton and Textiles) LMEYER@ERS.USDA.GOV (202) 694-5307 Stephen MacDonald (Foreign Cotton) STEPHENM@ERS.USDA.GOV (202) 694-5305 Robert Skinner (Textiles and Wool) RSKINNER@ERS.USDA.GOV (202) 694-5313 ***************************************************************** U.S. COTTON SUPPLY AND USE ESTIMATES ------------------------------------------------------------------------- 2000/01 ----------------------------- Item 1999/2000 Jan Feb Mar ------------------------------------------------------------------------- Upland: Million acres Planted 14.584 15.365 15.365 15.365 Harvested 13.138 12.927 12.927 12.927 Pounds Yield/harvested acre 595 625 625 625 Million 480-lb bales Beginning stocks 3.836 3.672 3.672 3.672 Production 16.294 16.822 16.822 16.822 Total supply 1/ 20.183 20.524 20.504 20.504 Mill use 10.103 9.670 9.570 9.370 Exports 6.303 6.840 6.540 6.440 Total use 16.406 16.510 16.110 15.810 Ending stocks 3.672 4.012 4.412 4.712 Percent Stocks-to-use ratio 22.4 24.3 27.4 29.8 Extra-long staple: 1,000 acres Planted 290 172 172 172 Harvested 287 171 171 171 Pounds Yield/harvested acre 1,128 1,119 1,119 1,119 1,000 480-lb bales Beginning stocks 103 250 250 250 Production 674 398 398 398 Total supply 1/ 821 668 668 668 Mill use 137 130 130 130 Exports 447 460 460 460 Total use 584 590 590 590 Ending stocks 250 88 88 88 Percent Stocks-to-use ratio 42.8 14.9 14.9 14.9 ------------------------------------------------------------------- ---- Based on USDA estimates. 1/ Includes imports. WORLD COTTON SUPPLY AND USE ESTIMATES ------------------------------------------------------------------------ 2000/01 ---------------------------- Item 1999/2000 Jan Feb Mar --------------------------------------------------------- -------------- Supply: Million 480-lb bales Beginning stocks World 44.81 41.16 40.97 41.00 Foreign 40.88 37.24 37.05 37.08 Production World 87.21 88.43 88.06 88.16 Foreign 70.24 71.21 70.84 70.94 Imports World 28.34 26.83 26.98 26.89 Foreign 28.24 26.78 26.95 26.86 Use: Mill use World 91.87 92.21 92.10 91.84 Foreign 81.63 82.41 82.40 82.34 Exports World 27.23 26.66 26.49 26.40 Foreign 20.48 19.36 19.49 19.50 Ending stocks World 41.00 37.39 37.27 37.67 Foreign 37.08 33.29 32.77 32.87 Stocks-to-use ratio Percent World 44.6 40.5 40.5 41.0 Foreign 45.4 40.4 39.8 39.9 - --------------------------------------------------------------------- Based on USDA estimates. FIBER SUPPLY ---------------------------------------------------------------------- 2000 2001 2000 ---------------- Item Nov Dec Jan Jan ---------------------------------------------------------------------- Cotton: 1,000 480-lb bales Ginnings 4,554 2,505 565 525 Imports since August 1 7.2 7.5 NA 63.4 Stocks, beginning 9,674 13,046 14,371 14,335 At mills 437 447 425 543 Public storage 8,176 11,199 12,458 12,242 CCC stocks 2,448 1,204 2,069 6,716 Manmade: Million pounds Production 808.7 733.9 789.4 848.5 Noncellulosic 781.1 707.7 758.2 819.8 Cellulosic 27.6 26.2 31.2 28.7 Total since January 1 9,324.0 10,057.9 789.4 848.5 2000 1999 ------------------------- Oct Nov Dec Dec ---------------------------------------------------------------------- Million pounds Raw fiber imports 123.8 112.7 110.3 134.6 Noncellulosic 117.9 108.0 106.6 128.1 Cellulosic 5.9 4.7 3.7 6.5 Total since January 1 1,354.3 1,467.0 1,577.3 1,567.1 Wool and Mohair: 1,000 pounds Raw wool imports, clean 3,228 3,495 2,396 2,466 48's-and-finer 1,509 1,861 1,035 1,138 Not-finer-than-46's 1,719 1,634 1,362 1,328 Total since January 1 39,110 42,605 45,001 43,074 Wool top imports 520 418 532 126 Total since January 1 4,094 4,512 5,044 1,573 Mohair imports, clean 0 0 0 0 Total since January 1 16 16 16 16 -------------------------------------------------------------------- -- NA = Not available. COTTON SYSTEM FIBER CONSUMPTION ---------------------------------------------------------------------- 2000 2001 2000 --------------- Item Nov Dec Jan Jan --------------------------------------------------------------------- Cotton: 1,000 480-lb bales All consumed by mills 1/ 749 640 794 800 Total since August 1 1/ 3,319 3,959 4,753 5,012 SA annual rate 2/ 9,060 9,737 9,053 9,977 SA daily rate 2/ 34.7 37.3 34.7 38.2 Daily rate 34.1 30.5 34.5 38.1 Upland consumed by mills 1/ 739 633 782 789 Total since August 1 1/ 3,274 3,907 4,689 4,946 SA daily rate 2/ 34.3 37.0 34.2 37.7 Daily rate 33.6 30.1 34.0 37.6 Spindles in place 4,326 4,303 4,252 4,623 Active spindles 4,063 4,010 3,944 4,421 100 percent cotton 2,166 2,141 2,102 2,395 100 percent manmade 623 646 623 721 Blends 1,274 1,223 1,219 1,305 Percent Cotton's share of fibers 79.3 78.5 78.1 78.2 Manmade: 1,000 pounds Total consumed by mills 1/ 93,735 84,324 106,993 106,893 Total since August 1 1/ 424,103 508,427 615,420 656,340 Daily rate 4,261 4,015 4,652 5,090 Noncellulosic staple 4,009 3,760 4,392 4,805 Cellulosic staple 252 255 260 285 ---------------------------------------------------------------------- 1/ Adjusted to calendar month. 2/ SA = seasonally adjusted. FIBER EXPORTS ----------------------------------------------------------------------- 2000 1999 ----------------------------- Item Oct Nov Dec Dec ---------------------------- ------------------------------------------ Cotton: 1,000 480-lb bales Upland exports 351 404 485 622 Total since August 1 1,058 1,462 1,947 1,580 Sales for next season 57 68 30 37 Total since August 1 161 229 259 321 ELS exports 31.1 30.7 55.6 32.3 Total since August 1 90.8 121.5 177.1 95.3 Sales for next season 2.4 9.7 30.9 2.2 Total since August 1 6.9 16.5 47.4 7.2 Manmade: Million pounds Raw fiber exports 97.0 93.5 85.5 82.2 Noncellulosic 86.8 85.0 76.3 78.8 Cellulosic 10.2 8.5 9.2 3.2 Total since January 1 952.9 1,046.4 1,131.9 990.1 Wool and Mohair: 1,000 pounds Raw wool exports, clean 506.8 555.2 199.4 342.9 Total since January 1 5,375.0 5,930.2 6,129.6 4,036.7 Wool top exports 1,082.5 358.9 400.5 81.5 Total since January 1 6,148.9 6,507.8 6,908.3 4,609.5 Mohair exports, clean 187.8 593.3 306.1 293.0 Total since January 1 2,653.4 3,246.7 3,552.8 5,570.5 ----------------------- ----------------------------------------------- FIBER PRICES ---------------------------------------------------------------------- 2000 2001 2000 ----------------- Item Dec Jan Feb Feb ---------------------------------------------------------------------- Cents per pound Domestic cotton prices: Adjusted World Price 52.04 50.61 47.51 39.11 Upland spot 41-34 61.04 56.66 54.10 54.29 Pima spot 03-46 105.95 105.43 100.66 82.00 Avg. price received by: Upland producers 58.00 52.30 50.30 46.80 Mill delivered: Cotton Actual 70.11 64.27 61.25 61.67 Raw fiber equivalent 77.90 71.41 68.06 68.52 Rayon staple Actual 98.00 99.00 99.00 97.00 Raw fiber equivalent 102.08 103.13 103.13 101.04 Polyester staple Actual 59.00 60.00 60.00 55.00 Raw fiber equivalent 61.46 62.50 62.50 57.29 Price ratios Percent Cotton/rayon 76.3 69.2 66.0 67.8 Cotton/polyester 126.8 114.3 108.9 119.6 Northern Europe cotton quotes: Cents per pound A Index 65.90 64.19 60.88 53.63 Memphis Territory 69.44 69.75 68.63 60.94 California/Arizona 71.19 68.50 67.38 60.81 B Index 62.00 60.40 57.56 48.33 Orleans/Texas 60.69 58.19 57.38 47.69 Wool prices (clean): Dollars per pound U.S. 56's 0.60 0.60 0.62 0.52 Australian 56's 1/ 1.22 1.26 1.30 1.20 U.S. 60's 0.72 0.77 0.75 0.70 Australian 60's 1/ 1.35 1.46 1.53 1.32 U.S. 64's 0.97 0.95 1.00 0.95 Australian 64's 1/ 1.48 1.60 1.68 1.46 ------------------------------------------------------------------- ---- NQ = No quotes. NA = Not available. 1/ In bond, Charleston, SC. TEXTILE TRADE ---------------------------------------------------------------------- 2000 1999 ---------------------------- Item Oct Nov Dec Dec ---------------------------------------------------------------------- Imports: 1,000 pounds 1/ Yarn, thread, and fabric 253,136 238,212 234,236 233,891 Cotton 111,918 105,455 97,095 108,124 Linen 15,776 17,282 32,851 14,266 Wool 4,753 4,937 2,852 3,660 Silk 1,019 961 923 951 Manmade 119,670 109,577 100,515 106,890 Apparel 878,444 727,887 611,138 605,600 Cotton 511,118 447,997 381,132 380,937 Linen 23,141 20,213 16,021 15,819 Wool 34,705 20,278 12,197 12,779 Silk 14,928 13,081 12,658 11,986 Manmade 294,552 226,318 189,130 184,079 House furnishings 84,550 68,133 64,746 56,180 Cotton 56,773 45,269 45,014 39,626 Linen 1,567 1,254 998 759 Wool 573 550 462 336 Silk 201 172 126 96 Manmade 25,436 20,888 18,146 15,363 Floor coverings 42,018 39,552 38,626 32,283 Cotton 5,092 4,322 4,680 3,903 Linen 6,763 6,640 6,964 4,601 Wool 13,831 12,473 12,645 10,848 Silk 711 607 776 692 Manmade 15,621 15,510 13,561 12,239 Total imports 2/ 1,266,792 1,081,262 956,421 936,041 Cotton 689,270 606,968 532,223 536,585 Linen 47,317 45,486 56,899 35,501 Wool 54,194 38,401 28,259 27,741 Silk 16,861 14,824 14,486 13,726 Manmade 459,151 375,582 324,553 322,488 Exports: 1,000 pounds 1/ Yarn, thread, and fabric 254,562 238,992 216,453 176,233 Cotton 106,283 100,356 86,418 65,786 Linen 6,671 6,467 5,823 5,017 Wool 5,598 4,928 4.414 5,170 Silk 3,103 3,019 2,393 2,220 Manmade 132,907 124,222 117,405 98,040 Apparel 187,838 173,906 145,731 124,221 Cotton 114,718 102,763 85,958 76,083 Linen 2,523 2,191 1,909 2,206 Wool 8,708 9,743 8,590 4,855 Silk 4,155 5,228 4,835 3,356 Manmade 57,734 53,981 44,439 37,721 House furnishings 8,231 9,285 7,030 7,953 Cotton 4,920 5,555 4,567 4,730 Linen 160 211 143 176 Wool 67 172 117 72 Silk 57 67 47 111 Manmade 3,027 3,280 2,156 2,864 Floor coverings 36,388 34,503 29,409 32,319 Cotton 3,020 3,032 2,735 2,312 Linen 1,882 1,594 1,479 1,408 Wool 3,028 3,260 2,472 3,364 Silk 85 61 82 85 Manmade 28,373 26,556 22,641 25,150 Total exports 2/ 487,243 456,933 398,829 340,937 Cotton 229,017 211,774 179,734 148,971 Linen 11,243 10,470 9,359 8,814 Wool 17,418 18,120 15,610 13,474 Silk 7,401 8,375 7,356 5,772 Manmade 222,164 208,195 186,770 163,906 --------------------------------------------------------------------- - 1/ Raw fiber equivalent. 2/ Includes headgear. U.S. COTTON TEXTILE IMPORTS ---------------------------------------------------------------------- 2000 1999 --------------------------- Item Oct Nov Dec Dec ---------------------------------------------------------------------- 1,000 pounds 1/ North America 290,105 273,658 228,374 237,463 Canada 23,922 23,806 19,156 19,195 Costa Rica 11,634 10,718 10,481 9,199 Dominican Republic 23,238 21,208 15,982 22,276 El Salvador 28,517 24,793 20,323 20,865 Guatemala 13,423 12,207 12,884 12,024 Haiti 4,187 4,217 4,271 4,393 Honduras 40,905 43,384 38,872 35,916 Jamaica 3,002 2,765 2,299 3,768 Mexico 136,086 124,713 99,374 105,775 Nicaragua 4,911 5,522 4,467 3,809 South America 13,749 12,208 12,652 13,627 Argentina 89 16 22 4 Brazil 4,271 3,261 4,195 5,253 Chile 45 1 42 21 Colombia 4,648 4,057 4,145 4,077 Peru 4,147 4,260 3,670 3,824 Europe 52,767 44,832 34,054 37,716 Estonia 510 408 631 406 France 760 726 642 213 Germany 1,026 899 954 1,157 Italy 4,435 4,399 3,423 3,952 Portugal 6,567 5,425 3,220 3,508 Russia 4,183 3,413 3,077 1,894 Spain 1,532 1,484 1,619 1,215 Turkey 23,454 17,805 11,104 17,619 United Kingdom 2,341 2,083 1,552 1,418 Asia 306,955 254,272 235,838 231,572 Bahrain 2,974 3,005 2,942 1,574 Bangladesh 23,848 19,295 15,396 14,836 China 37,505 11,633 29,087 25,730 Hong Kong 27,254 22,998 21,897 26,145 India 33,340 24,809 24,836 25,422 Indonesia 18,140 16,200 14,493 10,792 Israel 3,358 3,428 3,320 3,385 Japan 1,423 1,438 1,360 1,701 Macao 5,983 5,876 4,547 4,292 Malaysia 6,714 5,562 5,245 3,997 Nepal 1,671 1,466 1,715 1,308 Oman 2,120 1,687 1,833 1,984 Pakistan 51,469 43,306 36,281 42,621 Philippines 10,895 7,701 9,698 7,597 Qatar 2,072 1,750 1,508 1,363 Singapore 2,535 2,401 2,555 1,856 South Korea 11,096 10,870 9,899 8,391 Sri Lanka 9,180 7,636 8,209 7,068 Taiwan 15,826 11,633 10,365 12,438 Thailand 16,518 13,597 12,804 13,520 U Arab Em 3,264 2,690 2,034 3,817 Oceania 3,869 3,075 1,999 1,715 Australia 2,527 2,008 1,274 1,058 Fiji 956 683 609 484 Africa 21,824 18,923 19,306 14,492 Egypt 7,955 7,437 8,782 6,480 Lesotho 3,573 2,458 2,155 1,695 Mauritius 2,808 2,296 1,895 1,873 Morocco 1,471 1,282 1,257 859 South Africa 3,093 2,547 1,829 1,136 Tunisia 135 91 125 77 World 2/ 689,270 606,968 532,223 536,585 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. U.S. COTTON TEXTILE EXPORTS ---------------------------------------------------------------------- 2000 1999 ----------------------------- Country Oct Nov Dec Dec ---------------------------------------------------------------------- 1,000 pounds 1/ North America 202,854 190,885 158,559 131,372 Canada 29,259 29,747 22,859 24,693 Costa Rica 9,791 9,149 7,303 5,166 Dominican Republic 19,202 17,287 12,648 8,920 El Salvador 14,257 12,195 11,328 6,519 Guatemala 5,309 6,008 4,111 1,771 Haiti 3,968 3,088 2,797 1,598 Honduras 30,505 27,717 25,655 16,325 Jamaica 2,635 2,537 2,528 1,911 Mexico 86,269 81,562 67,908 62,428 South America 5,806 5,961 4,297 3,051 Argentina 212 185 117 211 Brazil 398 486 392 246 Chile 1,251 459 869 1,087 Colombia 1,950 2,549 1,545 918 Peru 109 107 53 78 Venezuela 1,508 1,435 1,087 283 Europe 11,390 7,398 7,137 6,284 Belgium 2,503 2,251 2,499 2,047 France 494 231 377 213 Germany 485 624 714 920 Ireland 87 82 156 176 Italy 281 310 243 255 Netherlands 4,844 1,005 585 498 United Kingdom 1,620 1,704 1,632 1,260 Asia 7,574 6,384 7,840 7,104 China 331 179 458 362 Hong Kong 1,030 775 927 618 Israel 379 293 272 811 Japan 2,744 2,542 3,244 2,895 Philippines 343 337 137 165 Saudi Arabia 236 335 429 463 Singapore 366 416 398 317 South Korea 646 288 339 322 Taiwan 275 179 289 260 U Arab Em 254 113 314 170 Oceania 910 596 916 586 Australia 760 497 811 461 New Zealand 116 61 80 70 Africa 483 551 985 574 Egypt 20 25 34 0 Ghana 69 33 14 4 Ivory Coast 1 2 118 13 Nigeria 67 146 155 143 South Africa 80 77 109 122 World 2/ 229,017 211,774 179,734 148,971 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. 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