TextTable

August 2005 Edition:

U.S. Exports Up in 2004/05 with Smaller Exports to China

U.S. exports ended MY 2004/05 at 13.6 million (500-lb) running bales, up 2.0 percent from 2003/04. Improved exports to a majority of the traditional buyers of U.S. cotton compensated for lower exports to China, Mexico, and Brazil.

In 2004/05, U.S. exports to Turkey, Indonesia, and Thailand increased significantly, the result of expanding local textile industries. Such gains propelled Turkey to become the 2^nd largest export market for U.S. cotton, ahead of Mexico. U.S. exports also grew to other important trading partners, including Pakistan, Korea, Taiwan, Japan, and Hong Kong.

U.S. exports to China fell to 3.4 million running bales in 2004/05, down 27.4 percent from 4.7 million bales in 2003/04. Larger exportable production in Uzbekistan and Australia drove down U.S. market share in China from 57.9 percent to 53.8 percent through June 2005. Likewise, a dramatic increase in China’s production dampened overall import demand throughout the year. Import demand was further hampered as China’s textile sector drew down cotton stocks.

U.S. exports to Mexico in 2004/05 were hindered by a declining Mexican textile industry, increased local production, and large available stocks. Notwithstanding increased cotton usage within the Brazilian textile sector, U.S. exports to Brazil fell due to a large increase in local production. While China remained the top export market for U.S. cotton, Mexico dropped from 2^nd to 3^rd and Brazil dropped from 10^th to 19^th.

World and U.S. Cotton Situation and Outlook
Marketing Years 2003/04, 2004/2005, and 2005/06
1,000 480-Lb. Bales
	World				U.S.
	2003/04	2004/2005	2005/2006	% Change 04/05 - 05/06	2003/04	2004/2005	2005/2006	% Change 04/05 - 05/06
Production	95,112	119,852	109,788	-8.4	18,255	23,251	21,291	-8.4
Imports	33,986	32,718	38,671	18.2	45	30	40	33.3
Use	98,317	108,074	112,017	3.6	6,221	6,250	5,800	-7.2
Exports	33,069	34,466	38,219	10.9	13,758	14,000	15,000	7.1
Ending Stocks	40,155	50,875	49,809	-2.1	3,506	6,500	7,000	7.7

Download Cotton Supply and Demand Database {.csv}

Download Cotton Circular {.pdf}

TABLE OF CONTENTS

Statistical tables contained in this circular may be viewed in Adobe Acrobat format ® {.pdf}.

Tables

Summary of Changes (1,000 480-lb. bales) {.pdf}

Table 1: World Cotton Supply, Use and Trade, 1999/2000-2004/2005 (1,000 metric tons) {.pdf}

Table 2: World Cotton Supply, Use and Trade, 1999/2000-2004/2005 (1,000 480-lb. bales) {.pdf}

Table 3: FY 2002 GSM-102 and Supplier Credit Programs {.pdf}

Table 4: Area, Yield, and Production by Country 2003/2004-2004/2005 {.pdf}

Table 5: Cotton Supply & Distribution by Country 2004/2005 (1,000 480-lb. bales) {.pdf}

Table 5-A: Cotton Supply & Distribution by Country 2004/2005 (1,000 metric tons) {.pdf}

Table 6: Cotton Supply & Distribution by Country 2003/2004 (1,000 480-lb. bales) {.pdf}

Table 6-A: Cotton Supply & Distribution by Country, 2003/2004 (1,000 metric tons) {.pdf}

Table 7: Export Sales Summary {.pdf}

Table 8: Northern European Cotton and Adjusted World Price {.pdf}

Table 9: World Cotton Production, Yield, Supply, and Utilization {.pdf}

Table 10: United States Cotton Production, Yield, Supply, and Utilization {.pdf}

Table 11: Foreign Cotton Production, Yield, Supply, and Utilization {.pdf}

Statistical tables are available in Adobe Acrobat. You may need to GET the Acrobat reader.

Last modified: Tuesday, August 30, 2005