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United States Department of Agriculture

Foreign Agricultural Service Circular Series FOP 02 13 February 2013

Cotton:

World Markets and Trade

China’s Reserve Purchases Outpace Last Year

Cummulative State Reserve Purchases 3530Million Bales (480 lb)2520151050AugSeptOctNovDecJanFebMar2011/12Apr2012/13, Xinjiang Province2012/13, Eastern ProvincesChina’s State Reserve purchases reached 28.3 million bales on February 1st (twice last season’s total purchases), representing more than 80 percent of the 2012 crop. Purchases began earlier and progressed at a much faster rate than last year. The China National Cotton Reserve Corporation (CNCRC) announced in early January that buying would be suspended during February in order for warehouses to consolidate holdings and expedite shipping to areas where it could be more readily sold. Reserve buying after the break is expected to be limited, as most of the remaining supplies don’t meet quality requirements.

An estimated two thirds of this year’s Reserve purchases came from Xinjiang province. With little commercial opportunity, gins in Xinjiang sold most of their production to the Reserve as soon as it was available.

Commercial buyers in the eastern provinces were reluctant to buy higher priced Xinjiang cotton, since CNCRC was selling old crop supplies at a discount. Gins in the east were more successful selling local cotton to mills for prompt delivery, due in part to lower transportation costs.

Approved by the World Agricultural Outlook Board/USDA Overview

Global cotton stocks, production, and consumption for 2012/13 are essentially unchanged. Global trade was raised, mostly due to a higher import forecast for China. U.S. ending stocks are down on higher exports to China. The season average farm price was raised to 70.5 cents/pound on strong early season sales and continued strong prices.

Prices

The U.S. spot price and the A-Index were both higher as China’s reserve policy continues to isolate more supplies from the world market.

Monthly Average Cotton Prices140120A-IndexSpot PriceUS cents/lbs100806040200Feb-12Mar-12Jun-12Aug-11May-12Oct-11Sep-11Dec-11Apr-12Jan-12Nov-11Jul-12Feb-13Aug-12Oct-12Sep-12Dec-12Jan-13Nov-122012/13 TRADE OUTLOOK

Major Exporters:

• United States is raised 300,000 bales to 12.5 million on stronger demand from China. • Brazil is boosted 200,000 bales to 4.6 million on strong early season shipments. • Australia is elevated 200,000 bales to 4.5 million. • Uzbekistan is up 200,000 bales to 2.9 million • Greece is increased 100,000 bales to 1.1 million

Major Importers:

• China jumped 1.5 million bales to 14.0 million as weak initial State Reserve sales raise import

demand. • Turkey is raised 300,000 bales to 3.8 million on a smaller crop and increased demand. • Pakistan is revised up 100,000 bales to 2.5 million on a smaller crop. • Mexico dropped 100,000 bales to 1.15 million on lower stock holdings. • Bangladesh is cut by 100,000 bales to 3.55 million on lower stock holdings.

Trade Changes 2011/12

There were no major changes.

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Summary of Changes in estimates and Forecasts from Last Month

(1,000 480 lb Bales and 1,000 Ha)Country Mktg YearArea Beginning ProductionImportsExportsUseLossTotal Dom. Ending Algeria 2011/12 2012/13Argentina 2012/13Australia 2012/13Bangladesh 2012/13

Belgium-Luxembourg 2010/11 2011/12Benin 2012/13Brazil 2012/13Burkina 2012/13Cameroon 2012/13Chad 2012/13China 2012/13Cote d'Ivoire 2012/13Greece 2012/13Indonesia 2012/13Kazakhstan 2012/13

Foreign Agricultural Service/USDAOffice of Global AnalysisHarvestedStocks000

0

0

0

0

0

0

0

000

0

0

0

0

0

0

0

15

0

0

0

75

0

0

0

0

0

0

0

-2

0

0-30

1

0

-40

0

0

0

-100

030

-1

0

0

0

0

0

0

35

0

0

0

500

1,500

0

0

0

0

0

-50

100

0

0-30

1

25

0

200

0

0

0

03-1

0

50

0

200

0

50

0

50

0

15

0

0

0

25

0

100

0

0

0

75

0

Cons.0-30

1

0

0

0

0

0

0

030

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stocks00

-65

-200

-100

00

-50

-200

-50

-15

-15

2,000

-25

-100

-50

25

February 2013

Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)Country Mktg YearArea Beginning ProductionImportsExportsUseLossTotal Dom. Ending Korea, South 2012/13Malaysia 2012/13Mali 2012/13Mexico 2012/13Pakistan 2012/13Paraguay 2012/13Peru 2003/04Sudan 2012/13Tajikistan 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13Thailand 2012/13Togo 2012/13Turkey 2012/13Turkmenistan 2012/13

Foreign Agricultural Service/USDAOffice of Global AnalysisHarvestedStocks0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

000220520142015802190

179

0

0

15

0

0

0

0

0

0

-25

0

0

0

0

0

-100

-400

100

5

0

-45

0

0

0

0000000000000

0

0

-25

30

0

-150

300

0

0

0

0

50

0

50

0

0

0

0

0

15

0

0

-45

10

0

-253-29-1-88-2-8-8-51-1040050

0

0

0

25

0

0

100

50

25

Cons.0

0

0

0

0

0

0

0

0

0

0

0

0

-45

0

0

030-10-20-80-10000

0

0

0

0

0

0

100

0

25

Stocks-25

-50

-50

-100

-300

-10

0

-10

2252142158219179129

-25

5

50

-75

February 2013

Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)Country Mktg YearArea HarvestedBeginning StocksProductionImportsExportsUseLossTotal Dom. Cons.Ending StocksUnited States 2012/13Uzbekistan 2012/13

0

0

0

0

200

50

0

50

-250

0

0

0

0

300

0

0

0

-300

WorldWorld 2003/04 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13

0000000103

002252142158219179

-45000000120

000003-41,561

0-25-29-88-8-51391,540

-453-1-2-8-7-3176

00000000

-453-1-2-8-7-3176

02252142158219179144

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 01 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 MT)2008/09Production China India United States Pakistan Brazil Uzbekistan Australia Other TotalUSE Dom. Consumption China India Pakistan Turkey Brazil Bangladesh United States Other TotalImports China Turkey Bangladesh Pakistan Indonesia Vietnam Thailand Other TotalExports United States Brazil Australia India Uzbekistan Greece Burkina Other TotalEnding Stocks China India Brazil United States Australia Pakistan Uzbekistan Other Total4,6522,3171,0871,3802137354242,59113,3993,1022,0419486421636622062,39410,1582,3092,3241,7215665615622502,37510,6686,5711,6861,7407297776113262,58915,0308,8411,9041,3481,0457846933592,81717,7922,8875962615146531741741,3186,5792,6214334601,4268271911691,6167,7433,1304355461,0895771631471,6397,7272,5501,0431,0112,4125442181312,09610,0062,6569589369805882181961,9368,4671,5236368274175012723492,1106,6362,3749578493434793693932,1517,9142,6087298063274573423812,1167,7665,3415196861964303542751,9319,7322,7227627955235014573652,3408,4649,5803,8652,4171,0789148277714,50523,95610,8864,3002,2641,2859588497734,51625,83210,0154,4742,1551,2199368068494,37724,8338,2744,3442,1771,2198716977184,14522,4457,7294,6812,5041,3068937847404,45523,0927,9914,9212,7901,8591,1931,0023273,26823,3506,9675,1822,6542,0121,1878493863,00622,2436,6415,7483,9421,8811,9608939143,35025,3287,2075,9873,3912,3081,8949141,1974,12827,0277,2945,5523,7042,1771,4159369143,88025,8732009/102010/112011/12Jan2012/13Feb2012/13 none7,4035,5523,7042,0901,4159369143,88425,899none7,7294,6812,5041,3288937847404,47123,131none3,0488277735444904573592,3058,804none2,7221,0029809806312392072,0428,803none9,2761,9041,3059807416273042,68517,823Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 02 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 Bales)2008/09Production Australia Brazil China India Pakistan United States Uzbekistan Other TotalUSE Dom. Consumption Bangladesh Brazil China India Indonesia Mexico Pakistan Turkey United States Vietnam Other TotalImports Bangladesh China India Indonesia Korea, South Mexico Pakistan Thailand Turkey Vietnam Other TotalExports Australia Brazil Burkina Greece India Malaysia Mali Turkmenistan United States Uzbekistan Other TotalEnding Stocks Australia Brazil China India Pakistan United States Uzbekistan Other Total9794,99221,36610,6443,3786,3371,94811,89861,5427494,35314,2469,3743,0422,94794810,99446,6532,5757,90610,60310,6742,5822,6001,14810,91048,9983,5687,99330,1817,7442,8073,3501,49811,88969,0303,6036,19340,6068,7443,1824,8001,64812,94081,7161,2012,7398008002,3601032575013,2613,0004,96930,2152,1151,9907758756,550434401,20012,0373,8005,73735,5622,5092,0006757505,000804501,10014,3762,6505,90035,4904,6424,7926001,00011,0801,02362575011,7142,5007,22945,9554,3004,4009001,0004,50075085080012,2002,7006,49038,8903,8006,9968002,3009881,3151,9171,6022,9191,2516,58930,4773,90010,9034802,2001,0101,3931,5741,8064,3941,6956,99536,3503,70011,9794502,1001,0381,1961,5001,7523,3501,5697,03535,6693,15024,5336001,9751,1701,0009001,2632,3821,6256,09844,6963,65012,5001,5002,3001,2501,2502,4001,6753,5002,1006,74938,8743,8004,20044,00017,7502,2501,85011,1004,9503,5411,25015,339110,0303,9004,40050,00019,7502,1501,90010,4005,9003,5501,60015,092118,6423,7004,30046,00020,5502,0501,7009,9005,6003,9001,62514,729114,0543,2004,00038,00019,9501,9001,70010,0005,6003,3001,65013,788103,0883,6004,10035,50021,5002,2001,80011,5006,0003,4002,05014,411106,0611,5005,48036,70022,6008,54012,8154,60015,009107,2441,7755,45032,00023,8009,24012,1883,90013,805102,1584,2009,00030,50026,4008,64018,1044,10015,387116,3315,5008,70033,10027,50010,60015,5734,20018,961124,1344,2006,50033,50025,50010,00017,0104,30017,821118,8312009/102010/112011/12Jan2012/13Feb2012/13 none4,2006,50034,00025,5009,60017,0104,30017,841118,951none3,6004,10035,50021,5002,2001,80011,5006,1003,4002,05014,487106,237none3,55014,0001,5002,2501,2251,1502,5001,6503,8002,1006,71040,435none4,5004,6009501,1004,50080090085012,5002,9006,83040,430none3,4035,99342,6068,7442,8824,5001,39812,33481,860Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 04 Cotton Area, Yield, and Production

Country / Region2010/11WorldUnited StatesTotal ForeignnoneWestern Hemisphere Brazil Mexico Argentina Paraguay Peru ColombiaAfrica Burkina Mali Cote d'Ivoire Cameroon Benin Chad Togo Senegal Egypt Zimbabwe NigeriaAsia Oceania China India Pakistan Kazakhstan Tajikistan Turkmenistan Uzbekistan Turkey Australia Syria BurmaEurope GreeceOthers0.231.575.2511.142.800.140.160.641.330.320.540.130.300.400.260.200.140.180.100.060.030.160.400.411.400.110.610.030.050.0433.454.3329.12Area(Million hectares)Prel. 2011/1235.523.8331.692012/13 Proj.Jan34.033.8230.21Feb34.133.8230.31Yield(Kilograms per hectare)2010/11757910734Prel. 2011/127618867462012/13 Proj.Jan760971734Feb7599717322010/11116.3318.1098.23Production(Million 480 lb. bales)Prel. 2011/12124.1315.57108.562012/13 Proj.Jan118.8317.01101.82Feb118.9517.01101.94MBalesChange in ProductionFrom last monthPercent0.100.000.120.120.000.12From last yearMBales-5.181.44-6.62Percent-4.189.23-6.101.400.190.530.080.060.050.400.480.250.180.200.180.100.030.220.470.335.4012.203.000.160.200.581.310.490.580.150.300.291.921.000.150.360.070.050.040.530.500.330.210.250.190.110.040.150.430.305.2011.703.000.150.200.601.290.400.450.130.300.261.861.000.150.360.070.050.040.530.500.330.230.250.190.130.040.150.430.305.2811.703.000.150.200.601.290.400.450.130.300.261.861,4001,4364863998928713543983704283632182364037632722521,2655166726645505956711,4361,6811,2801968903411,3531,3384113408517483813863924043811803673717372782181,3354917695906195306981,5292,0651,3061961,0163661,4151,3434843588717784354354024414792353364637732432361,4034757265815995447291,4972,0551,2631969633371,4151,3434843738717784354354024454792353484637732432361,4034756977365995447291,4152,0551,2631969633379.000.731.350.060.210.160.650.480.340.280.300.100.070.050.550.500.4830.5026.408.640.420.411.754.102.114.200.740.270.942.468.701.181.000.130.220.170.700.850.450.330.350.150.160.050.750.600.3333.1027.5010.600.440.581.404.203.445.500.900.271.333.226.500.940.800.120.200.151.051.000.600.430.550.200.170.090.520.480.3333.5025.5010.000.400.551.504.302.754.200.730.271.152.876.500.940.800.120.200.151.051.000.600.460.550.200.200.090.520.480.3334.0025.509.600.500.551.504.302.604.200.730.271.152.870.000.000.000.010.000.000.000.000.000.040.000.000.030.000.000.000.000.500.00-0.400.100.000.000.00-0.150.000.000.000.000.000.000.000.004.350.000.000.000.000.008.240.000.0017.650.000.000.000.001.490.00-4.0025.000.000.000.00-5.450.000.000.000.000.00-2.20-0.24-0.20-0.01-0.02-0.020.350.150.150.140.200.060.040.04-0.23-0.130.000.90-2.00-1.000.06-0.030.100.10-0.84-1.30-0.180.00-0.18-0.35-25.29-20.00-20.00-4.00-6.98-9.0950.0017.6533.3341.5457.1437.9325.0084.78-30.87-20.830.002.72-7.27-9.4314.68-5.177.142.38-24.42-23.64-19.440.00-13.53-10.92Note: Yeild for Total Foreign and Others is an incorrect calculation.Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 05 Cotton Supply and Distribution MY 2012/13

(1,000 HA and 1000 480-lb. Bales)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Afghanistan Albania Algeria Angola Argentina Armenia Australia Austria Azerbaijan Bahrain Bangladesh Belarus

Belgium-Luxembour Benin Bolivia Brazil Bulgaria Burkina Burma Cambodia Cameroon Canada

Central African Republic Chad Chile China Colombia

Congo (Kinshasa) Costa Rica Cote d'Ivoire Croatia Cuba Cyprus

Czech Republic Denmark

Foreign Agricultural Service/USDAOffice of Global Analysis5085110025360800004454,200

00296500409000002505505141,000

6,500

2105251,05030027000225460002520185200005,275

34,000

42150301511325600004400000

0

0980

32125310351,756

1207,768

2025011530373,550

4,497

6070606906785405014,543

102401,2860321570545790310238101314,000

78,181

2104412211307981210160025311

2

700202105077591040-175

1807003003,600

106002501002004,100

-150

20040200050400705015010035,500

035051702050010140002501

0

151301043

2250722014,500

3,403

3415300708870103595001682184,600

5,993

0495033265560237513002151116558037542,606

2840401450298010200060

1

February 2013

Table 05 Cotton Supply and Distribution MY 2012/13 (Continued)

(1,000 HA and 1000 480-lb. Bales)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Dominican Republic Ecuador Egypt El Salvador Estonia Ethiopia France Germany Ghana Greece Guatemala Guinea Haiti Honduras Hong Kong Hungary India Indonesia Iran Iraq Ireland Israel Italy Japan Kazakhstan Kenya Korea, North Korea, South Kyrgyzstan Latvia Lebanon Lithuania Macedonia Madagascar Malawi

Foreign Agricultural Service/USDAOffice of Global Analysis433914551511008095000020322601,150

2314187524000011,700

25,500

10301052852030007570000148500403019550030110000000003060140

160

1575985001,22913018200012685100220255038201,6619511902151117200249681,50034,7442,2502,75930075070130222792402693153612579110441002051,225

1,472015311342320230710

241

4080060010130000750750190015011050950001005010005021,50002,200505750900204022003150752540015001,200

01001030102005005

0

010

18350269052001041101530351581,100

401024183010210049124,500

8,74420489201550400060152029046425266040551026210043000111031011150

86

February 2013

Table 05 Cotton Supply and Distribution MY 2012/13 (Continued)

(1,000 HA and 1000 480-lb. Bales)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Malaysia Mali Mauritius Mexico Moldova Morocco Mozambique Netherlands Nicaragua Niger Nigeria Pakistan Panama Paraguay Peru Philippines Poland Portugal Romania Russia Senegal

Serbia and Montenegro Singapore Slovakia Slovenia Somalia South Africa Spain Sri Lanka Sudan Sweden Switzerland Syria Taiwan Tajikistan

Foreign Agricultural Service/USDAOffice of Global Analysis005001,000

00153944001113512500410553003253,000

9,600

0070120502001200000000408500000000127940682505560125000012572500200

550

1,0001,07101,292851101,150

2,804

10141722040190252801208504892,500

14,907

001018327579540521316125155575005980100455100056311160269153181221022100172209191,050

1,2680

891

12502509001,800

2510017001002001040300011,500

250025047004001301200505000200400000501002000350150800017065001,000

035

0

8001469003670203256540403411070359213751145002,882

009563103150120303502098503001550001010692305315135780005252440268550

306

February 2013

Table 05 Cotton Supply and Distribution MY 2012/13 (Continued)

(1,000 HA and 1000 480-lb. Bales)Country Tanzania Thailand Togo Tunisia Turkey Turkmenistan Uganda Ukraine

United Kingdom United States Uruguay Uzbekistan Venezuela Vietnam Yemen Zambia Zimbabwe

Area Harvested43021252400600125003,815

01,285

151019230425

ProductionImportsTotal Supply07501,9162521137,6412,44926523320,365

45,7981212,462

41570731

UseLossExportsEnding Stocks37528862131,356899110414,500

11,398

214125250226

4003200102,6001,5001500017,010

04,300

852334300475

1501,600

15906,100700201903,400

31,5001002,050

357090

0250000000-3500000015

2253175101858501350212,500

02,900

001250400

1,650

0903,800

00192530152,100

000

World World

34,129

118,951

40,435

228,416

106,237

-111

40,430

81,860

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 05A Cotton Supply and Distribution MY 2012/2013

(1000 MT)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Afghanistan Albania Algeria Angola Argentina Armenia Australia Austria Azerbaijan Bahrain Bangladesh Belarus

Belgium-Luxembour Benin Bolivia Brazil Bulgaria Burkina Burma Cambodia Cameroon Canada

Central African Republic Chad Chile China Colombia

Congo (Kinshasa) Costa Rica Cote d'Ivoire Croatia Cuba Cyprus

Czech Republic Denmark

Foreign Agricultural Service/USDAOffice of Global Analysis11190000017817400979140061400920000054120132181,415

021142296559004910000544044001,149

7,403

933730071131001100000

0

02101551283820001,691

450257

877397913151315014819113,166

2502800701201192207052233,048

17,022

469605010174002300570

0

1500050101692009-3840150707842130502040893-3340104401090201030207,729

07614000110003000500

0

33000110541570

09807411137020193028210937041,002

1,305

012077214120082280032361301169,276

01801009865000000010

0

February 2013

Table 05A Cotton Supply and Distribution MY 2012/2013 (Continued)

(1000 MT)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Dominican Republic Ecuador Egypt El Salvador Estonia Ethiopia France Germany Ghana Greece Guatemala Guinea Haiti Honduras Hong Kong Hungary India Indonesia Iran Iraq Ireland Israel Italy Japan Kazakhstan Kenya Korea, North Korea, South Kyrgyzstan Latvia Lebanon Lithuania Macedonia Madagascar Malawi

Foreign Agricultural Service/USDAOffice of Global Analysis11123211200001721000047572500134210100002,547

5,552

272362470021200003210997412007240000000071330

35

0116211092682840000271922485608436221260512024454123277,565490601651631528000175259697951722102245267320033001101450150

52

10170131228000160160410302411210002010220104,6810479111250200001048069016590330261020001000401101

0

00047659011002923783

223987054100002211009801,9044106434090013346010935801012257229000000012233

19

February 2013

Table 05A Cotton Supply and Distribution MY 2012/2013 (Continued)

(1000 MT)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Malaysia Mali Mauritius Mexico Moldova Morocco Mozambique Netherlands Nicaragua Niger Nigeria Pakistan Panama Paraguay Peru Philippines Poland Portugal Romania Russia Senegal

Serbia and Montenegro Singapore Slovakia Slovenia Somalia South Africa Spain Sri Lanka Sudan Sweden Switzerland Syria Taiwan Tajikistan

Foreign Agricultural Service/USDAOffice of Global Analysis0010921800332060000292700121165716532,090

0015261144000000000091900000000322915541113270000271580044

120

21823302811924250611233744041560302111065443,246

0024060173911332734121091300221112001112355936935048004502002292760

194

27050200392520370204000106502,504

50050102090302601010904010000010204408030200040142021808

0

1743219680047114201072415112001162510962700211426903010800021117001100000001550120129170001553058120

67

February 2013

Table 05A Cotton Supply and Distribution MY 2012/2013 (Continued)

(1000 MT)Country Tanzania Thailand Togo Tunisia Turkey Turkmenistan Uganda Ukraine

United Kingdom United States Uruguay Uzbekistan Venezuela Vietnam Yemen Zambia Zimbabwe

Area Harvested94027087131270083102803245093

ProductionImportsTotal Supply016341755251,66453358514,434

11,262

265369124159

UseLossExportsEnding Stocks49138240

82631332951962410980030459015449

87144256632733003,704

0936195765103

333483201,32815244074013272244681520

050000000-80000003

35902082700401103457000

18529002,722

06310005487

World World

7,431

25,899

8,804

49,732

23,131

-24

8,803

17,823

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 06: Cotton Supply and Distribution by Country 2011/2012

(1,000 HA and 1000 480-lb. Bales)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Afghanistan Albania Algeria Angola Argentina Armenia Australia Austria Azerbaijan Bahrain Bangladesh Belarus

Belgium-Luxembour Benin Bolivia Brazil Bulgaria Burkina Burma Cambodia Cameroon Canada

Central African Republic Chad Chile China Colombia

Congo (Kinshasa) Costa Rica Cote d'Ivoire Croatia Cuba Cyprus

Czech Republic Denmark

Foreign Agricultural Service/USDAOffice of Global Analysis50851100255301,000

005805,500

004311600367500002003505141,400

8,700

21040070030027000175325002520175145005,400

33,100

48165301511250450004400000

0

0980

41216310372,143

1208,075

2128014430373,150

4,067

6070677804134432916,635

12300840031657037558031016381324,533

68,236

1004112211305981210160023301

2

700201205080091040-175

1807003003,200

106002301002004,000

-150

23040200050400605015010038,000

032551702050010140002401

0

151302043

2413921014,642

3,568

5524500708570104692751282214,792

7,993

346002366551022508502151111038035530,181

0810401350198010200060

1

February 2013

Table 06: Cotton Supply and Distribution by Country 2011/2012 (Continued)

(1,000 HA and 1000 480-lb. Bales)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Dominican Republic Ecuador Egypt El Salvador Estonia Ethiopia France Germany Ghana Greece Guatemala Guinea Haiti Honduras Hong Kong Hungary India Indonesia Iran Iraq Ireland Israel Italy Japan Kazakhstan Kenya Korea, North Korea, South Kyrgyzstan Latvia Lebanon Lithuania Macedonia Madagascar Malawi

Foreign Agricultural Service/USDAOffice of Global Analysis433922074511009095000020322851,330

2314187524000012,200

27,500

9301153102030009750000161436443219550037125000000003060150

170

1557893001,25210817600011683101211253036201,67190116020511171832345860038,7741,9752,4493007857012022284235276298351406665491002001,170

1,379015311342320230710

226

4075055013125000750740185015013050950001005010005019,95001,900506000900204022503050752545015001,125

01001030102005005

0

010

14475214051001031121533351561,000

491021173010285491211,080

7,7442047920165030006020222904630026604050724710043000111031011140

81

February 2013

Table 06: Cotton Supply and Distribution by Country 2011/2012 (Continued)

(1,000 HA and 1000 480-lb. Bales)CountryArea HarvestedProductionImportsTotal SupplyUseLossExportsEnding Stocks Malaysia Mali Mauritius Mexico Moldova Morocco Mozambique Netherlands Nicaragua Niger Nigeria Pakistan Panama Paraguay Peru Philippines Poland Portugal Romania Russia Senegal

Serbia and Montenegro Singapore Slovakia Slovenia Somalia South Africa Spain Sri Lanka Sudan Sweden Switzerland Syria Taiwan Tajikistan

Foreign Agricultural Service/USDAOffice of Global Analysis00480850001921,180

001113514000410553253253,000

10,600

008012555215120000000027460000000012713596727655100200000015090000204

580

1,1251,1940942981151,000

2,775

101416819901852226012085051490014,082

001117121478827451016108147474895980603426005631112527918349920025400172301,0198631,0680

916

10002509001,700

2510016801002001040300010,000

25002504600350130115050500020030000050100210035015080001708000850035

0

1,0237162529202534071004031110653392131001141,250

2,807

00935383200100323002098251501150001010692615314150960015251940218540

341

February 2013

Table 06: Cotton Supply and Distribution by Country 2011/2012 (Continued)

(1,000 HA and 1000 480-lb. Bales)Country Tanzania Thailand Togo Tunisia Turkey Turkmenistan Uganda Ukraine

United Kingdom United States Uruguay Uzbekistan Venezuela Vietnam Yemen Zambia Zimbabwe

Area Harvested3502952490575100003,829

01,310

151019300470

ProductionImportsTotal Supply06501,5891771137,1412,29923523418,192

45,3481161,989

43590786

UseLossExportsEnding Stocks35026352131,241949115413,350

11,498

213397270256

3154160103,4401,4001700015,573

04,200

852334475600

1501,300

15905,600600201903,300

31,350

951,650

357090

0250000000-172

00000015

1501110103007501000311,714

02,500

001250425

1,263

0902,382

001921930101,625

000

World World

35,522

124,134

44,696

217,828

103,088

-245

45,955

69,030

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 06A: Cotton Supply and Distribution by Country 2011/2012

(1,000 Metric Tons)CountryArea HarvestedBeginning StocksProductionImportsUseLossExportsEnding Stocks Afghanistan Albania Algeria Angola Argentina Armenia Australia Austria Azerbaijan Bahrain Bangladesh Belarus

Belgium-Luxembour Benin Bolivia Brazil Bulgaria Burkina Burma Cambodia Cameroon Canada

Central African Republic Chad Chile China Colombia

Congo (Kinshasa) Costa Rica Cote d'Ivoire Croatia Cuba Cyprus

Czech Republic Denmark

Foreign Agricultural Service/USDAOffice of Global Analysis11301010011524100126561029602818302024414153051,721

02873065100038110152384011,176

2,309

103271005432001000020

0

1900003112188001,197

0052500716686013015760311,894

6231520590017100140320027,207

5,341

36223000980001200050

0

1500030101742009-3840150706972130502040871-3350104401090101030208,274

07114000110003000500

0

33000110902010

01,011

77711511020187021026028051,043

1,740

11131511411005419003224801126,571

01801007643000000010

0

February 2013

Table 06A: Cotton Supply and Distribution by Country 2011/2012 (Continued)

(1,000 Metric Tons)CountryArea HarvestedBeginning StocksProductionImportsUseLossExportsEnding Stocks Dominican Republic Ecuador Egypt El Salvador Estonia Ethiopia France Germany Ghana Greece Guatemala Guinea Haiti Honduras Hong Kong Hungary India Indonesia Iran Iraq Ireland Israel Italy Japan Kazakhstan Kenya Korea, North Korea, South Kyrgyzstan Latvia Lebanon Lithuania Macedonia Madagascar Malawi

Foreign Agricultural Service/USDAOffice of Global Analysis1015484501500205040941627005302000011012,656

2,324

297253844002209012354110341004686000000017233

12

102121626502400210018046702904120401110040015,987

131743067657150016005106595971122202552700001000413037

0

10160120327000160160400302811210002010220104,34404141113102000010490660165100330245020001000401101

0

000

3103470110027337831218107054100001911002,412

1,6864104436070013456010655801011254229000000012230

18

February 2013

Table 06A: Cotton Supply and Distribution by Country 2011/2012 (Continued)

(1,000 Metric Tons)CountryArea HarvestedBeginning StocksProductionImportsUseLossExportsEnding Stocks Malaysia Mali Mauritius Mexico Moldova Morocco Mozambique Netherlands Nicaragua Niger Nigeria Pakistan Panama Paraguay Peru Philippines Poland Portugal Romania Russia Senegal

Serbia and Montenegro Singapore Slovakia Slovenia Somalia South Africa Spain Sri Lanka Sudan Sweden Switzerland Syria Taiwan Tajikistan

Foreign Agricultural Service/USDAOffice of Global Analysis0151052004421300107291001101171306535620017812780301080102463000100003032115121122120001332604544

73

024518500212572180203730005201071112,308

19600272474706020240101061000100000121132760412440000419600188126

0

22050200370520370204000106502,177

50050100080302501010904010000010204608030200040174018508

0

223151366405741550107241411200122252726110020122700201070002153000100000001557120133210001542047118

74

February 2013

Table 06A: Cotton Supply and Distribution by Country 2011/2012 (Continued)

(1,000 Metric Tons)Country Tanzania Thailand Togo Tunisia Turkey Turkmenistan Uganda Ukraine

United Kingdom United States Uruguay Uzbekistan Venezuela Vietnam Yemen Zambia Zimbabwe

Area Harvested7602101071252200834028532465102

Beginning Stocks7370432871961410566025057422540

ProductionImportsUseLossExportsEnding Stocks33024265

76571132702072510729032657425956

69135274930537003,391

09141957103131

027502051900404102354000

332833201,21913144071812942135981520

050000000-370000003

16322012,550

05440005493

World World

7,734

10,668

27,027

9,732

22,445

-53

10,006

15,030

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 09: World Cotton Supply and Distribution(1,000 HA and 1000 480-lb. Bales)Country Mktg YearBeginning StocksArea HarvestedProductionImportsTotal SupplyExportsUseLossTotal Dom. Cons.Ending StocksStock to Use %WorldWorld 1981/82 1982/83 1983/84 1984/85 1985/86 1986/87 1987/88 1988/89 1989/90 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13

20,60925,83425,45424,28142,12647,58935,41732,60931,05024,97827,46736,96534,50427,82732,01440,12944,63349,46752,85251,14049,44354,56247,65848,22660,62161,73362,85761,89561,54246,65348,99869,030

32,93831,39430,92033,74131,58129,34730,87133,83131,69633,15334,75832,64330,71832,25035,92033,74033,79732,88532,35032,00533,71730,73732,32235,68934,72434,53132,82730,56830,13333,45335,52234,129

68,83966,33266,27788,70680,14270,35981,44684,22079,72187,16595,23482,30777,67986,29793,90390,05392,36886,07387,92389,10198,67090,96696,777121,436116,350122,161119,580107,244102,158116,331124,134118,951

25,69826,07127,05927,62928,98133,09330,52933,58232,70330,57829,02427,06727,96730,30027,00428,57925,92924,48027,97626,22829,30530,18734,11233,84044,67138,14539,32130,47736,35035,66944,69640,435

115,146118,237118,790140,616151,249151,041147,392150,411143,474142,721151,725146,339140,150144,424152,921158,761162,930160,020168,751166,469177,418175,715178,547203,502221,642222,039221,758199,616200,050198,653217,828228,416

25,76425,51525,33327,20028,07833,35030,10333,48131,35729,56028,20425,43526,62028,11827,39626,77726,77723,51727,12626,19729,10530,42433,17735,00744,82137,50538,98730,21535,56235,49045,95540,430

63,30966,96668,68070,81675,33082,09584,14685,23886,90585,52486,18886,33785,56084,62285,94087,93687,26784,76591,08792,16894,45798,41298,028109,044116,831123,892123,495110,030118,642114,054103,088106,237

23930249647425217953464223417036863143-330-544-585-581-1,114-602-1,339-706-779-884-1,170-1,743-2,215-2,619-2,171-807111-245-111

63,54867,26869,17671,29075,58282,27484,68085,88087,13985,69486,55686,40085,70384,29285,39687,35186,68683,65190,48590,82993,75197,63397,144107,874115,088121,677120,876107,859117,835114,165102,843106,126

25,83425,45424,28142,12647,58935,41732,60931,05024,97827,46736,96534,50427,82732,01440,12944,63349,46752,85251,14049,44354,56247,65848,22660,62161,73362,85761,89561,54246,65348,99869,03081,860

4138355963433936293243403338475157625654584849565351505639436777

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 10: United States Cotton Supply and Distribution(1,000 HA and 1000 480-lb. Bales)Country Mktg YearArea HarvestedYieldBeginning StocksProductionImportsTotal SupplyExportsUseLossEnding StocksStock to Use %United States 1976/77 1977/78 1978/79 1979/80 1980/81 1981/82 1982/83 1983/84 1984/85 1985/86 1986/87 1987/88 1988/89 1989/90 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13

4,4175,3725,0185,1935,3485,6013,9392,9734,2004,1403,4274,0594,8353,8604,7485,2454,5015,1735,3916,4785,2165,4254,3245,4335,2825,5965,0254,8585,2845,5865,1524,2453,0633,0474,3303,8293,815

522583471613453608661569673706618792694688711731785679794602791754701680708790746818958931912985911871910886971

3,6812,9285,3473,9583,0002,6686,6327,9372,7754,1029,3485,0265,7717,0923,0002,3443,7044,6623,5302,6502,6093,9713,8873,9393,9156,0007,4485,3853,4505,4956,0699,47910,0516,3372,9472,6003,350

10,58114,38910,85614,62911,12215,64611,9637,77112,98213,4329,73114,76015,41112,19615,50517,61416,21816,13419,66217,90018,94218,79313,91816,96817,18820,30317,20918,25523,25123,89021,58819,20712,81512,18818,10415,57317,010

385452826201224333252413162040840313439971621674529281912009195

14,30017,32216,20718,59214,15018,34018,61515,72015,78117,56719,08219,78821,18719,29018,50919,97119,92320,80223,21220,95821,95422,77718,24421,00421,11926,32424,72423,68526,73029,41327,67628,69822,86618,52521,06018,19220,365

4,7845,4846,1809,2295,9266,5675,2076,7866,2151,9606,6846,5826,1487,6947,7936,6465,2016,8629,4027,6756,8657,5004,2986,7506,74011,00011,90013,75814,43617,67312,95913,63413,26112,03714,37611,71412,500

6,6746,4836,3526,5065,8915,2645,5135,9215,5386,4137,4527,6177,7828,7598,6579,61310,25010,41811,19810,64711,12611,34910,40110,1948,8627,6967,2736,2666,6915,8714,9354,5843,5413,5503,9003,3003,400

-868-283-143-335-123-42238-74-154-80-182165-163-285

8-190-8-3827-841-394145-483180166211108-200303429-273-9184-172-35

2,9285,3473,9583,0002,6686,6327,9372,7754,1029,3485,0265,7717,0923,0002,3443,7044,6623,5302,6502,6093,9713,8873,9393,9156,0007,4485,3853,4505,4956,0699,47910,0516,3372,9472,6003,3504,500

264532192356742235112364151181423302013142221272338402817262653553819142228

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

Table 11: Foreign Cotton Supply and Distribution(1,000 HA and 1000 480-lb. Bales)Country Mktg YearArea HarvestedYieldBeginning StocksProductionImportsTotal SupplyExportsUseLossEnding StocksTotal Foreign 1976/77 1977/78 1978/79 1979/80 1980/81 1981/82 1982/83 1983/84 1984/85 1985/86 1986/87 1987/88 1988/89 1989/90 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13

26,11628,20427,79627,02627,02127,33727,45527,94729,54127,44125,92026,81228,99627,83628,40529,51328,14225,54526,85929,44228,52428,37228,56126,91726,72328,12125,71227,46430,40529,13829,37928,58227,50527,08629,12331,69330,314

383382381409421424431456558529509542517528549573511525540562543565550574586607625622703691745765747723734746732

22,22019,45220,29017,89818,23217,94119,20217,51721,50638,02438,24130,39126,83823,95821,97825,12333,26129,84224,29729,36437,52040,66245,58048,91347,22543,44347,11442,27344,77655,12655,66453,37851,84455,20543,70646,39865,680

45,94649,51948,64050,81752,25553,19354,36958,50675,72466,71060,62866,68668,80967,52571,66077,62066,08961,54566,63576,00371,11173,57572,15570,95571,91378,36773,75778,52298,18592,460100,573100,37394,42989,97098,227108,561101,941

24,89327,11527,12530,50127,22525,67226,05127,04727,60528,94833,09030,52733,57732,70130,57429,01127,06627,96130,28026,59628,17625,91624,04127,87926,21229,28430,12034,06733,81144,64338,12639,30930,47736,35035,66044,67740,430

93,05996,08696,05599,21697,71296,80699,622103,070124,835133,682131,959127,604129,224124,184124,212131,754126,416119,348121,212131,963136,807140,153141,776147,747145,350151,094150,991154,862176,772192,229194,363193,060176,750181,525177,593199,636208,051

19,81920,95721,07321,43320,33919,19720,30818,54720,98526,11826,66623,52127,33323,66321,76721,55820,23419,75818,71619,72119,91219,27719,21920,37619,45718,10518,52419,41920,57127,14824,54625,35316,95423,52521,11434,24127,930

53,56454,53956,87759,39859,13058,04561,45362,75965,27868,91774,64376,52977,45678,14676,86776,57576,08775,14273,42475,29376,81075,91874,36480,89383,30686,76191,13991,762102,353110,960118,957118,911106,489115,092110,15499,788102,837

224300207153302362344258548406259716477397455360253151-292-571-577-622-720-747-856-886-945-1,095-1,278-1,543-2,518-3,048-1,898-798-73-73-76

19,45220,29017,89818,23217,94119,20217,51721,50638,02438,24130,39126,83823,95821,97825,12333,26129,84224,29729,36437,52040,66245,58048,91347,22543,44347,11442,27344,77655,12655,66453,37851,84455,20543,70646,39865,68077,360

Foreign Agricultural Service/USDAOffice of Global Analysis

February 2013

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