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USDA Cotton & Wool Outlook


17 August 2015

USDA Cotton & Wool Outlook - 17 August 2015USDA Cotton & Wool Outlook - 17 August 2015


USDA Cotton & Wool Outlook

U.S. Cotton Textile and Apparel Trade Expands in 2015

The latest U.S. Department of Agriculture (USDA) estimates indicate that U.S. cotton textile and apparel trade increased in 2015. U.S. cotton product imports reached 4.1 billion (raw-fiber equivalent) pounds during the first half of 2015, nearly 5 percent above the first 6 months of 2014. Cotton product exports increased 6 percent during the same period to 928 million pounds. As a result, the cotton product deficit for the first half of 2015 reached 3.2 billion pounds, up from 3.1 billion pounds for the corresponding period in 2014.

U.S. cotton product import suppliers remain concentrated, with the top five countries accounting for 64 percent of the total during the first half of 2015, compared with nearly 63 percent a year earlier (fig. 1). China continues to supply the bulk of U.S. imports, but its share has declined in recent years with other suppliers’ volume and share growing. For the first half of 2015, China accounted for 30 percent of U.S. cotton textile and apparel imports, with India contributing an additional 11 percent. Pakistan accounted for about 9 percent, while Bangladesh and Vietnam each contributed an additional 7.5 percent.

Published by USDA Economic Research Service

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