COTTON AND WOOL OUTLOOK December 13, 1996 Approved by the World Agricultural Outlook Board ----------------------------------------------------------------------------- COTTON AND WOOL OUTLOOK is published monthly (except January) by the Economic Research Service, U.S. Department of Agriculture, Washington, DC 20005-4788. CWS-1196. ----------------------------------------------------------------------------- Cotton Crop Forecast Higher The U.S. cotton production forecast totaled 18.7 million bales in December, up less than 1 percent from November but 5 percent above 1995/96. Upland production is forecast at 18.2 million bales, while the extra-long staple (ELS) crop is projected at 541,000 bales. The U.S. yield rose 7 pounds per harvested acre from a month earlier to 704 pounds, 167 pounds above 1995/96. Both U.S. production and yield are the third highest on record. The largest gains in upland production occurred in Texas and Mississippi. Texas' production rose 150,000 bales from November as late August rainfall and favorable harvest weather resulted in the highest large boll count and the second highest boll weight in the last 10 years. In addition, Texas' upland yield of 517 pounds per harvested acre is a record high. In Mississippi, the crop forecast increased 50,000 bales from last month due to favorable weather and light insect pressure during the season. Meanwhile, a 50,000-bale decline in California is the result of objective yield counts which show boll weights are the third lowest since 1986. Although ELS production is down nearly 5 percent from November, the 1996 crop is still 173,000 bales (47 percent) above last season. The ELS yield is forecast at 992 pounds per harvested acre. Both production and yield declined in three of the four ELS-producing States this month. Only Arizona showed an increase from November. Foreign Production Lower, U.S. Exports Higher Expected foreign production and consumption both fell for 1996/97, with production 1.2 million bales lower this month at 67.2 million and consumption 400,000 bales lower at 74.3 million. Countries in the former Soviet Union (FSU) accounted for most of this month's reduced production forecast. With seed cotton deliveries now largely completed for the season, the impact of cool weather during 1996/97 in Uzbekistan is clear. Production was revised downward 300,000 bales to 4.8 million. Turkmenistan's crop was revised down 400,000 bales, a 40-percent revision that represents economic problems there in addition to weather difficulties. Tajikistan's crop was cut 90,000 bales and Kazakhstan's 60,000. Pakistan's crop was cut 300,000 bales to 6.8 million, while Brazil and Greece were each cut 200,000 bales in December. All of the 400,000-bale decline in foreign consumption is attributable to a revised outlook for China. China's 1995/96 consumption was revised downward, and 1996/97 consumption is now expected to fall 2.6 percent rather than remain steady. The forecast for 1996/97 cotton consumption in China fell to 19 million bales, an 800,000-bale decline from last month's forecast, by far the largest of all of December's consumption, production, or trade changes. Foreign 1996/97 ending stocks were revised upward by about 400,000 bales. However, as with consumption, all of the change is attributable to lower consumption in China. China's expected ending stocks were raised 1.1 million bales, and if China's ending stocks are excluded, foreign ending stocks are actually forecast tighter in December. The ratio of foreign ending stocks to consumption (excluding China) fell from 32.6 percent in November, to 31 percent in December. Pakistan's expected 1996/97 consumption was raised 400,000 bales, in part due to the stimulus package enacted by the new government. With reduced production and increased consumption, Pakistan's net exports were reduced by more than 300,000 bales. Similarly, Uzbekistan's exports were lowered 300,000 bales, and Turkmenistan's by nearly as much. Generally, the December outlook for competitors' exports during 1996/97 weakened, with the exception of Syria, where expected exports were raised 200,000 bales to a record 850,000. Tighter competitors' supplies and exports suggest that the recent anemic pace of U.S. export sales will accelerate in future months, and the U.S. export forecast was raised 400,000 bales to 6.2 million. As of December 5, U.S. export commitments were 4.1 million bales, compared with 6.8 million a year ago. Meanwhile, 1.3 million bales of cotton had been shipped out of the United States, compared with nearly 1.8 million last season. U.S. Mill Use Unchanged, Stocks Lowered The U.S. cotton mill consumption estimate remains unchanged this month at 11 million bales, nearly 4 percent above 1995/96. Abundant supplies, coupled with an improved retail consumer demand outlook for cotton products, should provide for the gain this season. Early holiday sales data confirm this as apparel and soft goods are reported doing well. Based on data for the first 3 months of 1996/97, cotton mill use averaged a seasonally adjusted 41,300 480-pound bales per day, compared with 40,500 bales a year ago. While mill use is expected to improve further over the coming months, actual cotton consumption for August through October 1996 reached 2.84 million bales, compared with 2.79 million a year earlier. Based on the latest projections of U.S. cotton supply and demand, 1996/97 ending stocks were lowered this month to 4.6 million bales. Despite an increase in the U.S. crop this month, a reduction in imports to 450,000 bales and higher exports reduced ending stocks 300,000 bales. Based on these estimates, the implied stocks-to-use ratio equals 26.7 percent, well above last season's 14.3 percent. U.S. Prices Move Lower; World Prices Turn Higher The average price received by upland producers through mid-November was 70.9 cents per pound, down from 71.5 cents in October and the lowest since November 1994. The upland and ELS spot prices were also lower in November. Base quality upland declined to 70.1 cents per pound from 72.2 cents, while the ELS price fell to 98 cents from 99.4 cents in October. Likewise, mill-delivered fiber prices decreased in November. Cotton prices fell slightly to about 77 cents per pound, the lowest in 2 years. Meanwhile, prices for polyester staple continued to decline to 72 cents per pound in November, the lowest in 2-1/2 years. While prices of both fibers are falling slightly, cotton is at its most price-competitive since August. The cotton/polyester price ratio for November was near 1.14, compared with 1.13 in August and 1.05 during November 1995. While U.S. cotton prices have moved lower, world prices have risen over the past 2 months. After averaging 75.5 cents per pound during September and October, the A Index climbed in November as quotes from Pakistan, Tanzania, and Mexico were no longer offered. More importantly, however, the remaining quotes used to calculate the A Index have risen. In addition, the California/Arizona quote has been included in the calculation since mid- November. While the A Index averaged over 76 cents per pound in November, it has already advanced to over 79 cents during the first 2 weeks of December. Although the U.S. quotes are 8 to 10 cents above the Central Asian quote, higher world prices have historically benefited U.S. cotton exports. Record Textile Exports Projected in 1996 Textile imports declined for the second consecutive month in September to 734 million pounds, 9 percent below August, but 8 percent above September 1995. Lower imports of cotton textiles, primarily apparel, accounted for 73 percent of the decline. Imports of all other major fiber types fell in September compared with a month earlier. Lower shipments of yarn, thread, fabric and apparel more than offset slightly larger imports of floor coverings and home furnishings. Cotton textile imports, at 375 million pounds, were down 7 percent from August, but were 8 percent above September 1995 shipments. On a regional basis, most of the decline in cotton imports occurred from Asian countries. Lower shipments from major suppliers such as Bangladesh, China, and the Phillipines accounted for the majority of the drop. Also, cotton textile shipments from Mexico dropped 2.5 million pounds compared with a month earlier. While textile imports declined over the past 2 months, textile exports rose for the second consecutive month to the second highest level of 1996. Only May's shipments were slightly larger. In September, total exports rose to 297 million pounds, nearly 10 percent above year-earlier shipments. Overall, increases in cotton, linen, and silk imports more than offset slight declines in house furnishings and floor covering. Cotton textile exports, at 131 million pounds, were 2 percent above a month ago and 15 percent above September 1995. U.S. cotton textile exports to North America rose to 100 million pounds, representing 87 percent of total textile shipments. Despite lower shipments to Mexico, cotton exports rose in Canada, Costa Rica, and Jamaica. The cumulative January through September trade deficit reached 3.36 billion pounds. However, the deficit for the corresponding period during 1995 was 3.73 billion pounds. Total export shipments, at 2.5 billion pounds, are 8 percent above last year, while imports have declined 3 percent below 1995 shipments. The 9-month cotton textile trade deficit, at 1.98 billion pounds, is 12 percent below a year ago. Trade deficits of all other major fibers have also dropped in 1996. Stronger exports through the end of this year should result in the first decline in the textile trade deficit in 6 years. Highlights: Cotton Area Variability Foreign cotton area has grown more variable during the 1990's, while the variability of U.S. cotton area fell. With the passage of new U.S. farm legislation during 1996, the United States Government will no longer influence U.S. planted area for program crops through the use of acreage bases and acreage reduction programs, and annual non-weather variations in area will be determined by market forces. One measure of variation is a ratio: the standard deviation of area during a certain period divided by the average for area during that period. For U.S. cotton area during the 1990's (marketing year [MY] 1990-96), this coefficient of variation equals 0.127, using the November 1996 USDA estimates. This compares with 0.182 during the 1980's, and 0.105 during the 1970's. In contrast, for foreign cotton area, the coefficients are smaller but growing, from 0.029 in the 1970's to 0.035 during the 1980's, and to 0.044 during the 1990's. Since the foreign number is an aggregation of a large number of countries, many random shocks will be offset between countries in any given year, and over time, variability would be smaller than for any individual country. One source of variability when using the measure described above is a trend during the period in question. Since standard deviation refers to deviation from the mean, then, if area is constantly growing, it will differ from the mean in virtually every year, first under, then over. However, foreign cotton area has not shown a trend in either direction during the 1970's, 1980's, or 1990's. Foreign cotton area has undergone larger, longer fluctuations during the 1990's. The largest annual percent decline in foreign area since 1960 occurred during the 1990's, and the third largest increase. Two-year cumulative changes during the 1990's have been the largest in either direction during the last 35 years: foreign area fell 13.7 percent during 1991-93, and then rose 12.2 percent during 1993-95. During the beginning of the 1990's, the low cost production potential of land in China, Central Asia, and Pakistan seemed capable of overwhelming marginal producers around the world. But, just as producers in many other countries began ceding cotton markets to the three producers mentioned above, pests, ecological damage, disease, and economic dislocation reduced their ability to maintain cotton area. Rising prices assured cultivation efforts would successfully migrate to other regions, and foreign area recovered despite continued losses in China and Central Asia. Foreign area, excluding China and the FSU, rose from its lowest in over 40 years to its highest ever during 1993-95. Cotton area is generally more variable than area for foreign food crops, and most of the other crops examined here have not grown more variable during the 1990's. Soybeans exhibit higher variability, but virtually all of the variability can be attributed to a strong upward trend in area. Barley and wheat are two other crops with growing foreign area variability in the 1990's compared with the 1980's. However, their variability was even greater during the tumultuous 1970's. Finally, U.S. cotton area was less variable over MY 1991-96 than during the 1980's. The recent changes in U.S. agricultural policy hold the potential to increase the relative variability of U.S. cotton area, either with respect to earlier time periods or other crops. Trends in foreign variability could continue to be influenced by the progress of economic transformation in China and the FSU, a process far from complete in each case. Variability of Area by Crop ----------------------------------------------------------------- Year Cotton Sorghum Barley Wheat Rice Soybeans Corn ----------------------------------------------------------------- U.S. Area Variability: 1970's 0.105 0.076 0.100 0.153 0.171 0.133 0.082 1980's 0.182 0.198 0.162 0.129 0.174 0.069 0.115 1990's 0.127 0.145 0.093 0.050 0.062 0.040 0.055 Foreign Area Variability: 1970's 0.029 0.034 0.083 0.027 0.029 0.134 0.033 1980's 0.035 0.049 0.028 0.019 0.012 0.139 0.023 1990's 0.044 0.023 0.043 0.024 0.006 0.076 0.021 ----------------------------------------------------------------- Copies of the 1996 Cotton and Wool Yearbook (CWS-1996) are available for purchase. For information, call 1-800-999-6770. The next COTTON AND WOOL OUTLOOK (CWS-0197) will be released February 13, 1997. For further information, contact Leslie Meyer at (202) 501-8528 (U.S. Cotton), Steve MacDonald at (202) 219-1179 (Foreign Cotton), or Robert Skinner at (202) 219-0767 (Textiles and Wool). U.S. COTTON SUPPLY AND USE ESTIMATES ---------------------------------------------------------------------- 1996/97 ---------------------------- Item 1995/96 Oct Nov Dec ---------------------------------------------------------------------- Upland: Million acres Planted 16.72 13.98 13.98 13.98 Harvested 15.80 12.72 12.52 12.52 Pounds Yield/harvested acre 533 665 691 698 Million 480-lb. bales Beginning stocks 2.59 2.54 2.54 2.54 Production 17.53 17.62 18.03 18.20 Total supply 1/ 20.52 20.66 21.06 21.18 Mill use 10.50 10.90 10.90 10.90 Exports 7.38 5.38 5.38 5.78 Total use 17.88 16.27 16.27 16.67 Ending stocks 2.54 4.39 4.79 4.52 Percent Stocks-to-use ratio 14.2 27.0 29.4 27.1 Extra-long staple: 1,000 acres Planted 215 264 264 264 Harvested 211 262 262 262 Pounds Yield/harvested acre 836 1,039 1,039 992 1,000 480-lb. bales Beginning stocks 62 68 68 68 Production 368 567 567 541 Total supply 1/ 438 640 640 614 Mill use 102 105 105 105 Exports 300 425 425 425 Total use 402 530 530 530 Ending stocks 68 110 110 84 Percent Stocks-to-use ratio 16.9 20.8 20.8 15.8 ---------------------------------------------------------------------- Based on USDA estimates. 1/ Includes imports. WORLD COTTON SUPPLY AND USE ESTIMATES ---------------------------------------------------------------------- 1996/97 ------------------------------ Item 1995/96 Oct Nov Dec ---------------------------------------------------------------------- Supply: Million 480-lb. bales Beginning stocks World 29.29 35.59 35.63 36.16 Foreign 26.64 32.98 33.02 33.56 Production World 91.82 87.46 87.02 85.93 Foreign 73.92 69.27 68.42 67.20 Imports World 26.77 26.06 26.48 26.72 Foreign 26.36 25.56 25.98 26.27 Use: Mill use World 84.29 86.05 85.73 85.34 Foreign 73.69 75.05 74.73 74.34 Exports World 27.16 26.46 26.31 26.33 Foreign 19.48 20.66 20.51 20.13 Ending stocks World 36.16 36.40 36.89 36.96 Foreign 33.56 31.90 31.99 32.36 Stocks-to-use ratio Percent World 42.9 42.3 43.0 43.3 Foreign 45.5 42.5 42.8 43.5 --------------------------------------------------------------------- Based on USDA estimates. FIBER SUPPLY ---------------------------------------------------------------------- 1996 1995 -------------------------- Item Aug Sep Oct Oct ---------------------------------------------------------------------- Cotton: 1,000 480-lb. bales Ginnings 351 1,844 6,894 6,163 Imports since August 1 156.9 350.6 NA 2.2 Stocks, beginning 2,609 1,884 2,870 2,728 At mills 628 599 549 551 Public storage 1,938 1,406 2,123 1,999 CCC stocks 331 177 111 20 Manmade: Million pounds Production 851.6 851.1 903.4 845.3 Noncellulosic 811.0 811.4 864.4 803.3 Cellulosic 40.6 39.7 39.0 42.0 Total since January 1 6,563.8 7,414.9 8,318.3 8,324.1 1996 1995 --------------------------- Jul Aug Sep Sep ---------------------------------------------------------------------- Million pounds Raw fiber imports 101.8 103.9 100.3 87.5 Noncellulosic 95.6 96.4 94.1 80.5 Cellulosic 6.2 7.5 6.2 7.0 Total since January 1 639.7 743.6 843.9 824.1 Wool and Mohair: 1,000 pounds Raw wool imports, clean 5,268 6,587 3,140 4,860 48's-and-finer 3,493 5,064 1,854 3,114 Not-finer-than-46's 1,775 1,523 1,285 1,746 Total since January 1 51,377 57,964 61,103 69,636 Wool top imports 172 252 150 279 Total since January 1 2,411 2,663 2,812 3,720 Mohair imports, clean 36 NA NA NA Total since January 1 43 43 43 143 ---------------------------------------------------------------------- NA = Not available. COTTON SYSTEM FIBER CONSUMPTION ---------------------------------------------------------------------- 1996 1995 --------------------------- Item Aug Sep Oct Oct ---------------------------------------------------------------------- Cotton: 1,000 480-lb. bales All consumed by mills 1/ 976 881 988 908 Total since August 1 1/ 976 1,857 2,845 2,795 SA annual rate 2/ 10,784 10,774 10,791 10,322 SA daily rate 2/ 41.3 41.3 41.3 39.4 Daily rate 44.4 41.9 42.9 41.3 Upland consumed by mills 1/ 966 873 978 899 Total since August 1 1/ 966 1,839 2,817 2,767 SA annual rate 2/ 10,670 10,674 10,683 10,208 SA daily rate 2/ 40.9 40.9 40.9 39.0 Daily rate 43.9 41.6 42.5 40.8 Spindles in place 6,214 6,019 6,053 6,760 Active spindles 5,674 5,533 5,556 6,310 100 percent cotton 2,632 2,533 2,567 2,783 100 percent manmade 986 965 971 1,105 Blends 2,056 2,035 2,018 2,422 Percent Cotton's share of fibers 77.6 78.3 78.0 78.4 Manmade: 1,000 pounds Total consumed by mills 1/ 135,631 117,455 133,879 119,929 Total since August 1 1/ 135,631 253,086 386,965 378,206 Daily rate 6,165 5,593 5,821 5,451 Noncellulosic staple 5,443 5,021 5,088 4,638 Cellulosic staple 722 572 733 813 ---------------------------------------------------------------------- 1/ Adjusted to calendar month. 2/ SA = seasonally adjusted. FIBER EXPORTS ---------------------------------------------------------------------- 1996 1995 -------------------------- Item Jul Aug Sep Sep ---------------------------------------------------------------------- Cotton: 1,000 480-lb. bales Upland exports 162 235 158 228 Total since August 1 7,375 235 393 525 Sales for next season 165 46 16 1 Total since August 1 791 46 62 52 ELS exports 21.4 21.4 13.5 17.5 Total since August 1 299.7 21.4 35.0 35.8 Sales for next season 11.4 1.9 0.0 12.7 Total since August 1 182.5 1.9 1.9 13.8 Manmade: Million pounds Raw fiber exports 72.2 100.8 102.4 78.0 Noncellulosic 66.4 94.4 94.7 71.0 Cellulosic 5.8 6.4 7.7 7.0 Total since January 1 610.4 711.2 813.6 784.8 Wool and Mohair: 1,000 pounds Raw wool exports, clean 415.6 529.9 585.9 140.1 Total since January 1 2,782.1 3,312.0 3,897.9 4,114.1 Wool top exports 719.1 919.1 1,865.9 1,217.7 Total since January 1 5,573.8 6,492.9 8,358.8 5,659.4 Mohair exports, clean 234.8 296.8 326.9 174.9 Total since January 1 2,840.8 3,137.6 3,464.5 2,904.2 ---------------------------------------------------------------------- FIBER PRICES ---------------------------------------------------------------------- 1996 1995 ----------------------------- Item Sep Oct Nov Nov ---------------------------------------------------------------------- Domestic cotton prices: Cents per pound Adjusted World Price 60.46 60.60 61.22 74.38 Mar'97 futures 75.42 75.42 74.13 77.81 Dec'97 futures 77.00 76.68 76.29 NQ Upland spot 41-34 75.24 72.21 70.12 84.16 Pima spot 03-46 108.65 99.41 97.98 160.75 Avg. price received by: Upland producers 71.70 71.50 70.90 75.00 Mill delivered: Cotton Actual 82.99 78.96 76.89 90.58 Raw fiber equivalent 92.21 87.73 85.43 100.64 Rayon staple Actual 115.00 115.00 115.00 125.00 Raw fiber equivalent 119.79 119.79 119.79 130.21 Polyester staple Actual 76.00 73.00 72.00 92.00 Raw fiber equivalent 79.17 76.04 75.00 95.83 Price ratios Percent Cotton/rayon 77.0 73.2 71.3 77.3 Cotton/polyester 116.5 115.4 113.9 105.0 Northern Europe cotton quotes: Cents per pound A Index 75.45 75.58 76.18 89.27 Memphis Territory 85.38 84.50 81.81 96.95 California/Arizona 85.75 84.40 81.31 102.35 B Index 74.83 73.57 71.50 85.83 Orleans/Texas 81.94 80.90 77.88 91.50 Wool prices (clean): Dollars per pound U.S. 56's 1.30 1.25 1.25 1.43 Australian 56's 1/ 1.80 1.78 1.80 1.96 U.S. 60's 1.55 1.47 1.47 1.68 Australian 60's 1/ 1.87 1.87 1.89 2.12 U.S. 64's 1.92 1.92 1.90 2.08 Australian 64's 1/ 2.28 2.20 2.25 2.42 ---------------------------------------------------------------------- NQ = No quotes. 1/ In bond, Charleston, SC. 1996 ACREAGE, YIELD, AND PRODUCTION ESTIMATES ------------------------------------------------------------------- State/ Harvested Area Yield Production Region Nov Dec Nov Dec Nov Dec ------------------------------------------------------------------- Lbs./ 1,000 1,000 acres harvested acre bales Upland: Alabama 556 556 699 699 810 810 Florida 100 100 672 672 140 140 Georgia 1,375 1,375 698 698 2,000 2,000 N. Carolina 720 720 660 660 990 990 S. Carolina 265 265 779 815 430 450 Virginia 102 102 706 706 150 150 Southeast 3,118 3,118 696 699 4,520 4,540 Arkansas 990 990 776 776 1,600 1,600 Louisiana 940 940 664 664 1,300 1,300 Mississippi 1,030 1,030 839 862 1,800 1,850 Missouri 405 405 711 711 600 600 Tennessee 520 520 600 618 650 670 Delta 3,885 3,885 735 744 5,950 6,020 Kansas 2 2 311 311 1 1 Oklahoma 240 240 270 260 135 130 Texas 3,900 3,900 498 517 4,050 4,200 Southwest 4,142 4,142 485 502 4,186 4,331 Arizona 324 324 1,170 1,141 790 770 California 995 995 1,206 1,182 2,500 2,450 New Mexico 54 54 720 764 81 86 West 1,373 1,373 1,178 1,156 3,371 3,306 Total Upland 12,518 12,518 691 698 18,027 18,197 Pima: Arizona 40 40 818 878 68 73 California 165 165 1,193 1,120 410 385 New Mexico 17 17 734 621 26 22 Texas 40 40 756 732 63 61 Total Pima 262 262 1,039 992 567 541 Total All 12,780 12,780 698 704 18,594 18,738 ------------------------------------------------------------------- Based on the December Crop Production report. TEXTILE TRADE ---------------------------------------------------------------------- 1996 1995 ----------------------------- Item Jul Aug Sep Sep ---------------------------------------------------------------------- Imports: 1,000 pounds 1/ Yarn, thread, and fabric 176,785 167,700 159,885 155,014 Cotton 74,044 74,918 69,458 66,898 Linen 15,786 10,921 11,564 17,464 Wool 3,667 3,244 2,870 3,187 Silk 746 844 833 784 Manmade 82,543 77,774 75,160 66,681 Apparel 541,578 536,530 502,996 463,121 Cotton 309,572 293,496 269,706 249,619 Linen 15,509 17,307 15,925 16,480 Wool 26,525 29,053 27,115 25,687 Silk 9,922 10,396 10,169 9,031 Manmade 180,050 186,279 180,081 162,304 House furnishings 33,939 40,644 40,721 35,086 Cotton 23,940 28,949 27,984 24,204 Linen 170 255 132 290 Wool 183 174 122 163 Silk 24 27 101 21 Manmade 9,622 11,239 12,382 10,408 Floor covering 23,328 21,468 22,522 22,537 Cotton 3,025 3,387 4,257 4,344 Linen 2,877 3,021 2,591 2,904 Wool 6,334 5,110 5,371 6,840 Silk 276 415 389 493 Manmade 10,815 9,535 9,915 7,956 Total imports 2/ 783,943 774,387 733,840 682,518 Cotton 414,712 404,319 374,851 347,671 Linen 34,392 31,549 30,281 37,193 Wool 37,026 37,964 35,732 36,101 Silk 10,969 11,682 11,491 10,330 Manmade 286,845 288,872 281,485 251,224 Exports: 1,000 pounds 1/ Yarn, thread, and fabric 107,712 125,976 128,022 122,488 Cotton 38,683 43,505 43,121 41,463 Linen 2,900 3,418 3,569 2,766 Wool 2,723 4,110 3,423 3,470 Silk 1,313 1,441 1,683 1,338 Manmade 62,093 73,502 76,226 73,452 Apparel 118,045 125,957 127,493 112,642 Cotton 71,145 76,699 79,925 66,247 Linen 2,188 2,322 2,261 2,319 Wool 5,824 6,012 5,951 4,862 Silk 2,124 2,383 2,433 1,869 Manmade 36,764 38,541 36,923 37,345 House furnishings 5,352 7,204 6,633 6,902 Cotton 3,207 4,394 3,954 3,789 Linen 224 195 198 358 Wool 52 73 61 165 Silk 135 81 107 153 Manmade 1,734 2,462 2,313 2,436 Floor covering 28,527 36,007 34,523 28,601 Cotton 3,457 3,933 4,010 2,856 Linen 1,123 1,401 1,382 1,211 Wool 1,385 1,652 1,758 1,290 Silk 3/ --- --- --- --- Manmade 22,563 29,021 27,373 23,243 Total exports 2/ 260,024 295,490 296,953 271,012 Cotton 116,564 128,588 131,060 114,412 Linen 6,450 7,348 7,422 6,665 Wool 10,007 11,873 11,221 9,811 Silk 3,571 3,905 4,222 3,360 Manmade 123,432 143,775 143,028 136,764 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. Data for 1996 have been revised. 2/ Includes headgear. 3/ Absence of trade. U.S. COTTON TEXTILE IMPORTS ---------------------------------------------------------------------- 1996 1995 ---------------------------- Country Jul Aug Sep Sep ---------------------------------------------------------------------- 1,000 pounds 1/ North America 128,272 124,458 122,661 100,147 Canada 9,006 10,009 10,674 8,758 Costa Rica 7,253 7,610 7,673 7,700 Dominican Republic 14,071 12,738 12,252 13,660 El Salvador 8,141 8,188 9,093 7,731 Guatemala 7,388 6,786 6,497 6,263 Haiti 1,278 1,053 1,080 617 Honduras 17,922 16,566 17,688 11,009 Jamaica 7,621 7,060 6,609 6,924 Mexico 52,217 50,916 48,381 34,993 Nicaragua 2,761 2,954 2,135 1,584 South America 8,682 9,024 8,390 11,008 Argentina 4 17 58 1,065 Brazil 3,440 4,452 3,085 4,898 Chile 412 468 504 444 Columbia 2,315 2,343 2,387 2,336 Peru 2,005 1,505 1,847 1,624 Venezuela 28 7 9 340 Europe 22,081 28,997 22,638 25,678 Estonia 652 323 610 1,636 France 529 693 527 493 Germany 475 488 470 660 Italy 3,008 3,152 1,845 1,318 Portugal 589 5,784 3,252 2,662 Russia 777 822 744 1,901 Spain 1,297 3,030 2,262 2,395 Turkey 10,524 10,339 9,010 9,546 United Kingdom 873 1,071 927 995 Asia 219,286 225,890 209,187 195,644 Bahrain 1,323 1,214 850 754 Bangladesh 15,116 16,293 13,052 13,620 China 32,657 38,598 35,165 26,765 Hong Kong 35,014 28,002 24,003 26,232 India 27,565 30,180 30,562 23,750 Indonesia 13,947 13,844 13,309 11,794 Israel 2,107 2,395 2,039 2,836 Japan 1,520 1,198 1,153 966 Macao 5,311 4,588 4,439 5,162 Malaysia 4,710 5,042 4,717 5,295 Nepal 1,565 830 587 633 Oman 1,569 1,822 1,530 1,296 Pakistan 19,691 22,995 22,675 21,038 Philippines 9,844 10,891 8,798 11,234 Quator 1,476 1,418 914 680 Singapore 2,344 2,234 1,788 2,336 South Korea 7,047 6,334 6,579 6,555 Sri Lanka 9,141 7,590 7,844 7,573 Taiwan 12,500 12,782 13,680 12,518 Thailand 8,686 9,079 8,911 9,113 U Arab 0m 2,989 3,022 3,279 2,234 Oceania 1,761 1,779 1,408 2,354 Australia 732 647 665 1,491 Fiji 728 738 545 644 Africa 12,363 12,393 8,379 10,285 Egypt 5,286 5,057 3,218 4,029 Lesotho 1,319 2,175 1,119 1,275 Mauritius 1,908 1,387 1,369 1,732 Morocco 795 828 741 429 South Africa 1,451 1,644 871 940 Tunisia 105 159 97 303 World 2/ 414,712 404,319 374,851 347,671 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. U.S. COTTON TEXTILE EXPORTS ---------------------------------------------------------------------- 1996 1995 --------------------------- Country Jul Aug Sep Sep ---------------------------------------------------------------------- 1,000 pounds 1/ North America 86,584 96,603 100,091 82,084 Canada 13,153 17,926 19,032 17,195 Costa Rica 6,079 7,890 10,104 5,864 Dominican Republic 10,326 11,989 11,399 10,288 El Salvador 2,854 2,686 2,516 3,256 Guatemala 3,885 4,277 4,117 3,155 Haiti 879 1,086 984 475 Honduras 11,220 12,265 12,222 7,172 Jamaica 5,652 6,337 8,166 9,008 Mexico 31,532 30,956 30,267 24,331 South America 3,721 4,484 4,700 4,723 Argentina 226 311 222 230 Brazil 557 520 510 495 Chile 439 725 1,115 838 Columbia 1,485 1,783 1,763 1,793 Peru 225 174 101 135 Venezuela 291 606 540 584 Europe 9,815 11,111 11,355 11,605 Belgium 1,872 2,198 3,058 3,999 France 459 854 658 525 Germany 1,505 1,436 1,382 950 Ireland 97 134 110 248 Italy 218 213 292 650 Netherlands 714 719 668 631 United Kingdom 3,223 3,230 3,414 3,029 Asia 21,645 14,077 12,945 13,656 China 1,367 150 47 205 Hong Kong 1,382 1,561 1,367 1,179 Israel 2,053 1,479 853 1,800 Japan 5,711 5,985 5,546 6,380 Philippines 317 779 612 383 Saudi Arabia 546 464 479 742 Singapore 614 606 719 551 South Korea 604 873 823 691 Taiwan 502 194 292 226 U Arab Em 427 615 972 334 Oceania 835 1,375 1,024 1,195 Australia 585 813 678 882 New Zealand 192 296 284 276 Africa 1,425 733 804 923 Egypt 125 83 1 4 Ghana 26 39 20 28 Ivory Coast 93 27 130 101 Nigeria 82 99 226 309 South Africa 337 103 222 234 World 2/ 116,564 128,588 131,060 114,412 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. 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