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Imports Of American Cotton Textiles Increased By 4.9%

2016/2/21 16:26:00 54

United StatesCotton TextilesImports

According to official statistics of the United States, 2015

U.S.A

Cotton textile imports amounted to about 18 million 300 thousand bales of cotton, an increase of 4.9% over the same period last year.

In 2016, imports of cotton textiles were projected to increase to 18 million 800 thousand bales.

According to NCC's forecast, 27% of all cotton products imported from the United States in 2015 contained 0.62 percentage points, or 5 million bales, compared with the same period last year.

In 2015, China became an American cotton textile product for eleventh years in a row.

Imported

The largest source of imports is about 5 million 900 thousand bales of cotton, an increase of 5.4% over the same period, an increase of 617% over that of WTO in 2001.

China's share of imports of cotton textile products in the United States increased from 10.9% in 2004 to 32.1% in 2015.

Pakistan occupies the United States

Cotton products

The proportion of imports dropped to 8.5%, the proportion of India increased to 10.1%, the proportion of China's Hongkong increased by 0.2%, Bangladesh's proportion was 7.1%, and the import of cotton products from Vietnam increased by 11% over the same period, and the proportion increased from 0.4% to 7.5%.

In 2015, the import volume of American cotton garments was equivalent to 13 million 100 thousand bales of cotton, an increase of 3.2% compared with the same period last year. Cotton household articles increased by 10.7%, about 3 million 700 thousand packs, and cotton yarn and cotton cloth imports increased by 6.5%, about 1 million 500 thousand packs.

In 2015, the North American Free Trade Area (NAFTA) and the Caribbean region remained the main source of imports of cotton products in the United States.

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According to the latest statistics, the total output of cotton in India is estimated at 6 million 96 thousand tons in 2015, which is 327 thousand tons lower than that in 2014.

From 2002 to 2007, cotton production in India increased from 2 million 308 thousand tons to 5 million 378 thousand tons, nearly doubled.

After 2007, cotton production in India has been maintained at a level of more than 5 million 879 thousand tons.

India's cotton growing area ranks third in the world.

The main cotton producing areas in India are concentrated in the rainwater irrigated areas of Maharashtra, central Pang, Gujarat Bong, Orissa, etc. in the central region, the output of Karnataka, Andhra Pradesh and Tamil Nadu in the southern region accounts for 30% of the total cotton output in India; the artificial irrigated areas such as Punjab, harya and Rajasthan in the northern region account for 15% of the total cotton output in India.

With the continuous renovation of cotton planting technology in India, the cotton yield per unit in India increased from 269 pounds per mu to 515 pounds per mu between 2002 and 2013.

At the same time, the expansion of pgenic cotton, improvement of cotton varieties, improvement of crop management and favorable weather conditions have greatly promoted cotton production in India.

In recent years, the technology of India's textile industry has been improving continuously, laying the foundation for the continuous expansion of India's textile industry.

It is understood that the output value of India's textile and garment industry accounts for 14% of India's total industrial output value, accounting for 17% of India's total exports, accounting for 4% of the gross domestic product, and providing direct employment of over 35 million people and indirect employment exceeding 55 million.

Agriculture and textile industry have become the largest pillar industries in India.

Cotton consumption in India is expected to increase to 5 million 552 thousand tons in 2016.

From the global trade trend chart, we can see that policy plays a vital role in India's cotton export.

India is expected to maintain its position as the largest net exporter of cotton in 2016. The main export destinations are still Pakistan, Bangladesh, Vietnam, Indonesia and other Southeast Asian countries. China, as the world's largest cotton consuming country, has a great impact on India's cotton exports.

It is estimated that the export volume of cotton in India in 2016 is about 1 million 225 thousand tons.


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