35
United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA Circular Series FOP 05- 11 May 2011 Expanded Exportable Supplies Stimulate World Trade 0 5 10 15 20 25 30 35 40 45 2010/11 2011/12 Million Bales Foreign Exports Jump U.S. Foreign 5 3 1 1 3 5 7 2010/11 2011/12 Million Bales YearToYear Change In Exportable Supply U.S. Foreign Global trade is forecast higher based on expanded exportable supply. With production expected to exceed consumption, world stocks are currently forecast to partially rebuild, after declining by 18 million bales over the past two years. Some of the trade growth is motivated by consuming countries replenishing stocks throughout the pipeline, and stocks are expected to increase in nearly all major markets. Moderate growth in consumption will also support higher trade levels. Exportable supplies in Brazil and Australia are forecast to be significantly greater, because of their larger beginning stocks and near record production levels. These two countries are expected to capture most of the growth in foreign exports. For the United States, production is forecast slightly lower as the result of unfavorable early-season weather conditions. Coupled with near record low beginning stocks, exportable supply is expected to decline, reducing U.S. exports by 2.0 million bales. Cotton: World Markets and Trade

United States Agriculture Cotton€¦ · 11/05/2011  · Ecuador 2011/12 3 21 9 75 0 85 0 85 20 Egypt 2010/11 -5 0 -20 0 0 0 0 0-20 2011/12 210 162 775 550 350 850 13 863 274 El Salvador

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Page 1: United States Agriculture Cotton€¦ · 11/05/2011  · Ecuador 2011/12 3 21 9 75 0 85 0 85 20 Egypt 2010/11 -5 0 -20 0 0 0 0 0-20 2011/12 210 162 775 550 350 850 13 863 274 El Salvador

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

Circular Series FOP 05- 11 May 2011

Expanded Exportable Supplies Stimulate World Trade

0

5

10

15

20

25

30

35

40

45

2010/11 2011/12

Million Bales

Foreign Exports Jump

U.S. Foreign

‐5

‐3

‐1

1

3

5

7

2010/11 2011/12

Million Bales

Year‐To‐Year Change In Exportable Supply

U.S. Foreign

Global trade is forecast higher based on expanded exportable supply. With production expected to exceed consumption, world stocks are currently forecast to partially rebuild, after declining by 18 million bales over the past two years. Some of the trade growth is motivated by consuming countries replenishing stocks throughout the pipeline, and stocks are expected to increase in nearly all major markets. Moderate growth in consumption will also support higher trade levels. Exportable supplies in Brazil and Australia are forecast to be significantly greater, because of their larger beginning stocks and near record production levels. These two countries are expected to capture most of the growth in foreign exports. For the United States, production is forecast slightly lower as the result of unfavorable early-season weather conditions. Coupled with near record low beginning stocks, exportable supply is expected to decline, reducing U.S. exports by 2.0 million bales.

Cotton: World Markets and Trade

Page 2: United States Agriculture Cotton€¦ · 11/05/2011  · Ecuador 2011/12 3 21 9 75 0 85 0 85 20 Egypt 2010/11 -5 0 -20 0 0 0 0 0-20 2011/12 210 162 775 550 350 850 13 863 274 El Salvador

Overview The initial forecast for 2011/12 indicates significantly increased production, in response to higher world prices. Consumption is expected to recover from the depressed level of 2010/11. World trade is forecast to expand as exportable supplies move to consuming countries to meet the consumption demand and to help rebuild stocks.

Prices Both the U.S spot price and the A-Index have fallen dramatically in recent weeks. The A-index has declined by 30 percent in the last month and the U.S. Spot price has fallen by over 20 percent.

2011/12 TRADE OUTLOOK Major Exporters:

Brazil is up 2.5 million bales to 4.5 million on large carryover stocks from their record crop.

United States is down 2.0 million bales to 13.5 million on near record low beginning stocks and lower production.

Australia is up 1.3 million bales to 4.3 million due to their record 2010/11 crop.

Major Importers:

China is up 2.5 million bales to 16.0 million as consumption growth outpaces production.

Brazil is down 550,000 bales to 100,000 as their record crop provides sufficient supply.

TRADE CHANGES IN 2010/11 Major Exporters:

United States is lowered 250,000 bales to 15.5 million as late season shipments are pushed into next season.

Brazil is lowered 350,000 bales to 2.0 million as late season shipments are pushed into next season.

May 2011

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Uzbekistan is lowered 200,000 bales to 3.3 million as late season shipments are pushed into next season.

Major Importers:

China is lowered 1.5 million bales to 13.5 million based on a larger domestic crop.

Turkey is raised 250,000 bales to 3.4 million on stronger arrivals.

Pakistan is raised 200,000 bales to 1.5 million on revised data.

May 2011

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Summary of Changes in estimates and Forecasts from Last Month

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Afghanistan

1370070150851350 2011/12

Albania

-1-150-150-16000 2008/09

-3-200-200-220-10 2009/10

-4-250-250-260-30 2010/11

250503131 2011/12

Algeria

250507000 2010/11

415015015040 2011/12

Angola

250533522 2011/12

Argentina

1,1608599850375501,350994625 2011/12

Armenia

110101010 2011/12

Australia

-10000000-10000 2010/11

2,319-110-150404,30004,2502,259525 2011/12

Austria

620020020060 2011/12

Azerbaijan

2950050250851940 2011/12

Bahrain

0-50-50-5000 2010/11

31001008050 2011/12

Bangladesh

16000001603 2010/11

7984,010104,00004,0006674236 2011/12

Belarus

10600600600100 2011/12

Belgium-Luxembourg

540040545050 2011/12

May 2011

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Benin

0000-750-7500 2010/11

10310010400045063220 2011/12

Bolivia

5-50-500000 2010/11

3260060520482920 2011/12

Brazil

650000-3500300040 2010/11

8,5034,450-1504,6004,5001009,3008,0531,400 2011/12

Bulgaria

104004003010102 2011/12

Burkina

0000-500-5000 2010/11

2114048250900140500 2011/12

Burma

41200020075027046300 2011/12

Cambodia

310010010030 2011/12

Cameroon

00000000-20 2010/11

8540040275035050175 2011/12

Canada

512012012050 2011/12

Central African Republic

11505150201125 2011/12

Chad

231501595011518115 2011/12

Chile

0-100-100-10000 2010/11

930030030090 2011/12

China

-52500025-1,5001,000050 2010/11

13,12148,000048,0005016,00033,00012,1715,500 2011/12

May 2011

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Colombia

10000010000 2010/11

86405540052501608640 2011/12

Congo (Kinshasa)

4170170215430 2011/12

Costa Rica

120201111 2011/12

Cote d'Ivoire

50000-500000 2010/11

145450453500400140230 2011/12

Croatia

110101010 2011/12

Cuba

214014010424 2011/12

Cyprus

000000000 2011/12

Czech Republic

840040545080 2011/12

Denmark

110101010 2011/12

Dominican Republic

140401314 2011/12

Ecuador

20850850759213 2011/12

Egypt

-2000000-200-5 2010/11

27486313850350550775162210 2011/12

El Salvador

31140014001401301 2011/12

Estonia

000000000 2011/12

Ethiopia

May 2011

Page 7: United States Agriculture Cotton€¦ · 11/05/2011  · Ecuador 2011/12 3 21 9 75 0 85 0 85 20 Egypt 2010/11 -5 0 -20 0 0 0 0 0-20 2011/12 210 162 775 550 350 850 13 863 274 El Salvador

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

2175075100852160 2011/12

France

157007010800150 2011/12

Germany

231650165352000230 2011/12

Ghana

91501530050430 2011/12

Greece

4000000400-35 2009/10

40000000400 2010/11

391210501601,050201,400231300 2011/12

Guatemala

26110011001103232 2011/12

Guinea

200014014214 2011/12

Haiti

11001005517 2011/12

Honduras

412012016000 2006/07

412012012040 2007/08

1-30-30-6040 2008/09

-3-130-130-17010 2009/10

-4-130-130-140-30 2010/11

21001006422 2011/12

Hong Kong

-20-100-10-20-50000 2010/11

9418001801503500740 2011/12

Hungary

340404030 2011/12

India

200-2000-20000000 2009/10

-300-5000-50000-1,0002000 2010/11

6,24921,500021,5004,80050027,0005,04912,000 2011/12

Indonesia

May 2011

Page 8: United States Agriculture Cotton€¦ · 11/05/2011  · Ecuador 2011/12 3 21 9 75 0 85 0 85 20 Egypt 2010/11 -5 0 -20 0 0 0 0 0-20 2011/12 210 162 775 550 350 850 13 863 274 El Salvador

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

1000000100000 2009/10

45-750-750-125-5100-1 2010/11

3991,950501,900201,950253949 2011/12

Iran

185600060040300350175120 2011/12

Iraq

000000004 2003/04

000000007 2005/06

000000002 2006/07

-700000-70-3 2007/08

-7-210-2100-21-7-12 2008/09

-4-150-1500-12-7-6 2009/10

1-100-1000-5-4-2 2010/11

3090090070302020 2011/12

Ireland

020202000 2011/12

Israel

144045526478 2011/12

Italy

010010010000 2010/11

322300230202500320 2011/12

Japan

52325032503250520 2011/12

Kazakhstan

8345045325540048150 2011/12

Kenya

175505505551244 2011/12

Korea, North

5015001500100554519 2011/12

Korea, South

2421,05001,05051,10001970 2011/12

Kyrgyzstan

800000800 2010/11

405059001003525 2011/12

May 2011

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Latvia

010101000 2011/12

Lebanon

130303010 2011/12

Lithuania

110112010 2011/12

Macedonia

820020020171 2011/12

Madagascar

1150050100601130 2011/12

Malawi

6150511501255685 2011/12

Malaysia

34215021552250290 2011/12

Mali

11725025525057592325 2011/12

Mauritius

22120012001250170 2011/12

Mexico

6371,975251,9502251,3501,000487165 2011/12

Moldova

410010010040 2011/12

Morocco

5505010000 2010/11

34160016001651281 2011/12

Mozambique

-5000-100-150-40 2009/10

-13000-300-38-5-69 2010/11

45100108009045130 2011/12

Netherlands

420020020040 2011/12

Nicaragua

May 2011

Page 10: United States Agriculture Cotton€¦ · 11/05/2011  · Ecuador 2011/12 3 21 9 75 0 85 0 85 20 Egypt 2010/11 -5 0 -20 0 0 0 0 0-20 2011/12 210 162 775 550 350 850 13 863 274 El Salvador

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

2101901024 2011/12

Niger

340410535 2011/12

Nigeria

139300030022550475139410 2011/12

Pakistan

-121-1000-100-5-226000 2009/10

279-2500-250502000-1210 2010/11

3,08210,7752510,7504001,40010,3002,5573,300 2011/12

Panama

000000000 2011/12

Paraguay

-400000-40-5 2010/11

2625025405751150 2011/12

Peru

10000010000 2010/11

2404350435630014024132 2011/12

Philippines

18750750752161 2011/12

Poland

730030030070 2011/12

Portugal

48155015521600450 2011/12

Romania

170707010 2011/12

Russia

0-500-500-50000 2007/08

3025025055000 2008/09

50225022502450300 2009/10

25750750500500 2010/11

1176000600060001170 2011/12

Senegal

00000000-2 2009/10

5000-150-100-3 2010/11

May 2011

Page 11: United States Agriculture Cotton€¦ · 11/05/2011  · Ecuador 2011/12 3 21 9 75 0 85 0 85 20 Egypt 2010/11 -5 0 -20 0 0 0 0 0-20 2011/12 210 162 775 550 350 850 13 863 274 El Salvador

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

1920020350601430 2011/12

Serbia and Montenegro

150505010 2011/12

Singapore

30005050030 2011/12

Slovakia

000000000 2011/12

Slovenia

140404010 2011/12

Somalia

110010037112 2011/12

South Africa

105190019001101008520 2011/12

Spain

500000503 2009/10

2-50-5150751 2010/11

6945045180152354470 2011/12

Sri Lanka

580803555 2011/12

Sudan

00000000-10 2010/11

8680812501655490 2011/12

Sweden

000000000 2011/12

Switzerland

215015115030 2011/12

Syria

30000003000 2009/10

-1075075-500-1530-25 2010/11

1698250825250900119150 2011/12

Taiwan

2279500950095002270 2011/12

May 2011

Page 12: United States Agriculture Cotton€¦ · 11/05/2011  · Ecuador 2011/12 3 21 9 75 0 85 0 85 20 Egypt 2010/11 -5 0 -20 0 0 0 0 0-20 2011/12 210 162 775 550 350 850 13 863 274 El Salvador

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Tajikistan

-25000-250-5000 2010/11

11135035375042596175 2011/12

Tanzania

00000000-25 2010/11

33515001502250375335350 2011/12

Thailand

825025-825000 2010/11

3211,750251,72521,77542942 2011/12

Togo

37150156501001770 2011/12

Tunisia

1390090109010132 2011/12

Turkey

2500000250000 2010/11

1,5886,020-806,1001503,5002,8001,458420 2011/12

Turkmenistan

200000-1000100040 2010/11

65452505251,05001,600629650 2011/12

Uganda

8020020115015065100 2011/12

Ukraine

735035035070 2011/12

United Kingdom

20001010020 2011/12

United States

1501044100-250040-3 2010/11

2,5003,755-453,80013,500518,0001,7504,371 2011/12

Uruguay

130303010 2011/12

Uzbekistan

200000-2000000 2010/11

1,0481,30001,3003,35004,6501,0481,340 2011/12

May 2011

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

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Venezuela

221100110025852215 2011/12

Vietnam

27000025200 2010/11

4151,80001,80001,8502334210 2011/12

Yemen

92502540065920 2011/12

Zambia

115800801400215120215 2011/12

Zimbabwe

25610515904500575236425 2011/12

World

World

000000004 2003/04

000000007 2005/06

412012016002 2006/07

-3-380-380-38-74-3 2007/08

23-140-14033-21-3-12 2008/09

289-1230-123-15804823-80 2009/10

963-6094-613-1,133-1,13365289-34 2010/11

47,927119,303-198119,50139,86939,863124,72142,51535,950 2011/12

May 2011

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

(1000 MT)

2006/07 2007/08 2008/09 2009/10 2010/11

May

2011/12

Production none

7,729 China 8,056 7,991 6,967 6,641 7,185

4,746 India 5,225 4,921 5,008 5,225 5,879

4,700 United States 4,182 2,790 2,654 3,942 3,919

2,090 Pakistan 1,872 1,894 2,090 1,894 2,243

1,524 Brazil 1,602 1,193 1,187 2,025 2,025

1,165 Uzbekistan 1,165 1,002 849 1,012 1,012

294 Australia 139 327 386 958 925

4,273 Other 3,814 3,198 2,935 3,254 3,967

26,522 Total 26,057 23,314 22,076 24,951 27,155

USE Dom. Consumption none

10,886 China 11,104 9,580 10,886 10,233 10,451

3,941 India 4,050 3,865 4,235 4,572 4,681

2,613 Pakistan 2,613 2,449 2,351 2,232 2,341

1,589 Turkey 1,350 1,110 1,263 1,285 1,328

996 Brazil 1,002 914 958 958 1,002

697 Bangladesh 762 816 827 849 871

1,074 United States 998 781 754 827 827

5,160 Other 4,966 4,446 4,505 4,411 4,518

26,957 Total 26,844 23,962 25,779 25,368 26,019

Imports none

2,305 China 2,510 1,523 2,374 2,939 3,484

686 Bangladesh 762 827 827 838 871

877 Turkey 711 636 957 740 762

479 Indonesia 501 435 479 392 425

213 Vietnam 263 272 368 365 403

415 Thailand 420 349 393 370 386

502 Pakistan 851 417 343 327 305

2,806 Other 2,456 2,110 2,150 2,084 2,044

8,283 Total 8,474 6,570 7,891 8,055 8,679

Exports none

2,822 United States 2,968 2,887 2,621 3,375 2,939

1,061 India 1,633 514 1,426 1,045 1,045

283 Brazil 486 596 433 435 980

464 Australia 265 261 460 653 936

980 Uzbekistan 914 653 827 718 729

272 Greece 283 174 191 163 229

174 Turkmenistan 180 131 239 218 229

2,104 Other 1,763 1,329 1,545 1,447 1,594

8,160 Total 8,492 6,546 7,743 8,055 8,681

Ending Stocks none

4,471 China 4,464 4,870 3,319 2,650 2,857

1,177 Brazil 1,361 1,087 948 1,753 1,851

1,552 India 1,226 1,942 1,393 1,099 1,361

928 Pakistan 974 753 671 557 671

2,064 United States 2,188 1,380 642 381 544

262 Australia 136 213 163 492 505

446 Turkey 425 360 420 317 346

2,658 Other 2,447 2,577 2,086 2,007 2,300

13,558 Total 13,221 13,181 9,642 9,257 10,435

May 2011

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

(1000 Bales)

2006/07 2007/08 2008/09 2009/10 2010/11

May

2011/12

Production none

1,350 Australia 640 1,500 1,775 4,400 4,250

7,000 Brazil 7,360 5,480 5,450 9,300 9,300

35,500 China 37,000 36,700 32,000 30,500 33,000

21,800 India 24,000 22,600 23,000 24,000 27,000

9,600 Pakistan 8,600 8,700 9,600 8,700 10,300

21,588 United States 19,207 12,815 12,188 18,104 18,000

5,350 Uzbekistan 5,350 4,600 3,900 4,650 4,650

19,624 Other 17,519 14,686 13,479 14,944 18,221

121,812 Total 119,676 107,081 101,392 114,598 124,721

USE Dom. Consumption none

3,200 Bangladesh 3,500 3,750 3,800 3,900 4,000

4,573 Brazil 4,600 4,200 4,400 4,400 4,600

50,000 China 51,000 44,000 50,000 47,000 48,000

18,100 India 18,600 17,750 19,450 21,000 21,500

2,175 Indonesia 2,225 2,000 2,050 1,825 1,900

2,100 Mexico 2,000 1,850 1,900 1,900 1,950

12,000 Pakistan 12,000 11,250 10,800 10,250 10,750

7,300 Turkey 6,200 5,100 5,800 5,900 6,100

4,935 United States 4,584 3,587 3,461 3,800 3,800

975 Vietnam 1,200 1,250 1,600 1,725 1,800

18,451 Other 17,382 15,319 15,140 14,811 15,101

123,809 Total 123,291 110,056 118,401 116,511 119,501

Imports none

3,150 Bangladesh 3,500 3,800 3,800 3,850 4,000

10,588 China 11,530 6,996 10,903 13,500 16,000

2,200 Indonesia 2,300 2,000 2,200 1,800 1,950

1,068 Korea, South 975 988 1,010 1,000 1,100

1,353 Mexico 1,530 1,315 1,393 1,350 1,350

2,305 Pakistan 3,907 1,917 1,574 1,500 1,400

1,160 Taiwan 964 787 1,016 875 950

1,905 Thailand 1,928 1,602 1,806 1,700 1,775

4,029 Turkey 3,267 2,919 4,394 3,400 3,500

978 Vietnam 1,208 1,251 1,690 1,675 1,850

9,309 Other 7,812 6,601 6,458 6,345 5,988

38,045 Total 38,921 30,176 36,244 36,995 39,863

Exports none

2,129 Australia 1,219 1,201 2,115 3,000 4,300

1,300 Brazil 2,231 2,739 1,990 2,000 4,500

1,350 Burkina 775 800 775 675 825

1,250 Greece 1,299 800 875 750 1,050

4,875 India 7,500 2,360 6,550 4,800 4,800

850 Mali 500 325 440 450 525

800 Turkmenistan 825 600 1,100 1,000 1,050

12,959 United States 13,634 13,261 12,037 15,500 13,500

4,500 Uzbekistan 4,200 3,000 3,800 3,300 3,350

385 Zimbabwe 400 300 425 450 450

7,078 Other 6,422 4,679 5,458 5,072 5,519

37,476 Total 39,005 30,065 35,565 36,997 39,869

Ending Stocks none

1,204 Australia 625 979 749 2,259 2,319

5,408 Brazil 6,251 4,992 4,353 8,053 8,503

20,536 China 20,504 22,366 15,246 12,171 13,121

7,129 India 5,629 8,919 6,399 5,049 6,249

4,260 Pakistan 4,473 3,458 3,082 2,557 3,082

2,047 Turkey 1,954 1,654 1,928 1,458 1,588

9,479 United States 10,051 6,337 2,947 1,750 2,500

12,207 Other 11,238 11,835 9,579 9,218 10,565

62,270 Total 60,725 60,540 44,283 42,515 47,927

May 2011

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Table 04 Cotton Area, Yield, and Production (Working Statistics)

From last month From last year

MBalesPercent

Yield

(Kilograms per hectare)

May 2009/10 MBales

Country / Region

Area

(Million 1000 HA)

Production

(Million 480 lb. bales)

Change in Production

2009/10

Prel.

2010/11

Prel.

2010/11 May

Prel.

2010/11 May Percent

2011/12 Proj.2011/12 Proj. 2011/12 Proj.

2009/10

30.12World 8.8310.12124.7233.52 35.95 733 744 755 101.39 114.60

3.05United States -0.57-0.1018.004.33 4.37 871 910 897 12.19 18.10

27.07Total Foreign 10.6010.23106.7229.19 31.58 718 720 736 89.20 96.49

none

Western Hemisphere

0.84 Brazil 0.000.009.301.39 1.40 1,419 1,457 1,446 5.45 9.30

0.07 Mexico 46.410.321.000.11 0.17 1,313 1,352 1,320 0.42 0.68

0.44 Argentina 8.000.101.350.60 0.63 495 454 470 1.00 1.25

0.02 Paraguay 63.040.030.080.03 0.05 302 334 327 0.03 0.05

0.03 Peru 7.690.010.140.03 0.03 943 976 953 0.13 0.13

0.04 Colombia 14.290.020.160.04 0.04 791 871 871 0.14 0.14

Africa

0.42 Burkina 38.460.250.900.40 0.50 363 354 392 0.70 0.65

0.25 Mali 21.050.100.580.26 0.33 383 398 385 0.44 0.48

0.20 Cote d'Ivoire 14.290.050.400.21 0.23 354 363 379 0.33 0.35

0.15 Cameroon 27.270.080.350.14 0.18 327 428 435 0.23 0.28

0.18 Benin 50.000.150.450.18 0.22 423 363 445 0.35 0.30

0.08 Chad 15.000.020.120.10 0.12 177 218 218 0.07 0.10

0.04 Togo 53.850.040.100.06 0.07 311 236 311 0.06 0.07

0.02 Senegal 20.000.010.060.03 0.03 331 403 435 0.04 0.05

0.12 Egypt 33.620.200.780.16 0.21 790 815 804 0.43 0.58

0.38 Zimbabwe 0.000.000.580.43 0.43 286 295 295 0.50 0.58

0.40 Nigeria 0.000.000.480.41 0.41 248 252 252 0.45 0.48

Asia Oceania

5.30 China 8.202.5033.005.15 5.50 1,315 1,289 1,306 32.00 30.50

10.31 India 12.503.0027.0011.16 12.00 486 468 490 23.00 24.00

3.00 Pakistan 18.391.6010.302.90 3.30 697 653 680 9.60 8.70

0.12 Kazakhstan 45.450.130.400.13 0.15 635 461 581 0.35 0.28

0.17 Tajikistan 6.250.030.430.17 0.18 480 528 529 0.38 0.40

0.55 Turkmenistan 0.000.001.600.64 0.65 495 544 536 1.25 1.60

1.30 Uzbekistan 0.000.004.651.30 1.34 653 779 756 3.90 4.65

0.28 Turkey 33.330.702.800.32 0.42 1,361 1,429 1,452 1.75 2.10

0.20 Australia -3.41-0.154.250.60 0.53 1,932 1,597 1,763 1.78 4.40

0.17 Syria 22.450.170.900.13 0.15 1,359 1,280 1,306 1.03 0.74

0.30 Burma 0.000.000.270.30 0.30 196 196 196 0.27 0.27

Europe

0.20 Greece 64.710.551.400.24 0.30 1,023 771 1,016 0.94 0.85

1.50Others 13.850.362.931.59 1.75 321 351 365 2.22 2.57

Note: Yeild for Total Foreign and Others is an incorrect calculation.

May 2011

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(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2011/12 (Working Statistics)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 15070988550 Afghanistan 13

3 005711 Albania 2

15 00151900 Algeria 4

3 3051052 Angola 2

50 37598502,3941,350625 Argentina 1,160

1 001200 Armenia 1

0 4,300-150406,5094,250525 Australia 2,319

20 00202600 Austria 6

0 250501048540 Azerbaijan 29

8 00101300 Bahrain 3

4,000 0104,0004,8086636 Bangladesh 798

60 00607000 Belarus 10

45 50405000 Belgium-Luxembour 5

0 400010513450220 Benin 103

20 5060974820 Bolivia 32

100 4,500-1504,60017,4539,3001,400 Brazil 8,503

30 004050102 Bulgaria 10

0 825041,040900500 Burkina 211

0 750200316270300 Burma 41

10 00101300 Cambodia 3

0 275040400350175 Cameroon 85

12 00121700 Canada 5

0 1505312025 Central African Republic 11

0 95015133115115 Chad 23

30 00303900 Chile 9

16,000 50048,00061,17133,0005,500 China 13,121

250 5540049616040 Colombia 86

2 0017211530 Congo (Kinshasa) 4

1 002311 Costa Rica 1

0 350045540400230 Cote d'Ivoire 145

1 001200 Croatia 1

10 00141644 Cuba 2

0 000000 Cyprus 0

45 50405300 Czech Republic 8

1 001200 Denmark 1

May 2011

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(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2011/12 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

1 004534 Dominican Republic 1

75 008510593 Ecuador 20

550 350138501,487775210 Egypt 274

140 0014017111 El Salvador 31

0 000000 Estonia 0

0 100751068560 Ethiopia 21

80 100709500 France 15

200 35016522300 Germany 23

0 30015545030 Ghana 9

20 1,050501601,6511,400300 Greece 391

110 0011013632 Guatemala 26

0 1400161414 Guinea 2

5 00101157 Haiti 1

6 00101242 Honduras 2

350 150018042400 Hong Kong 94

4 004700 Hungary 3

500 4,800021,50032,54927,00012,000 India 6,249

1,950 20501,9002,369259 Indonesia 399

300 400600825350120 Iran 185

70 00901203020 Iraq 30

2 002200 Ireland 0

2 550473648 Israel 14

250 20023028200 Italy 32

325 0032537700 Japan 52

5 325045453400150 Kazakhstan 83

5 0055725544 Kenya 17

100 001502005519 Korea, North 50

1,100 501,0501,29700 Korea, South 242

0 900513510025 Kyrgyzstan 40

1 001100 Latvia 0

3 003400 Lebanon 1

2 101300 Lithuania 1

20 00202811 Macedonia 8

0 10050716030 Madagascar 11

0 1150518112585 Malawi 61

May 2011

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(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2011/12 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

225 5021525400 Malaysia 34

0 525025667575325 Mali 117

125 0012014200 Mauritius 22

1,350 225251,9502,8371,000165 Mexico 637

10 00101400 Moldova 4

165 0016019411 Morocco 34

0 8001013590130 Mozambique 45

20 00202400 Netherlands 4

0 90112104 Nicaragua 2

0 104855 Niger 3

50 2250300664475410 Nigeria 139

1,400 4002510,75014,25710,3003,300 Pakistan 3,082

0 000000 Panama 0

5 40025917550 Paraguay 26

300 6043568114032 Peru 240

75 00759321 Philippines 18

30 00303700 Poland 7

160 2015520500 Portugal 48

7 007800 Romania 1

600 0060071700 Russia 117

0 35020746030 Senegal 19

5 005600 Serbia and Montenegro 1

50 50005300 Singapore 3

0 000000 Slovakia 0

4 004500 Slovenia 1

3 001011712 Somalia 1

110 0019029510020 South Africa 105

15 18004529423570 Spain 69

3 0081355 Sri Lanka 5

0 1250821916590 Sudan 86

0 000000 Sweden 0

15 10151800 Switzerland 2

0 2508251,019900150 Syria 169

950 009501,17700 Taiwan 227

0 375035521425175 Tajikistan 111

May 2011

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(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2011/12 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 2250150710375350 Tanzania 335

1,775 2251,7252,07342 Thailand 321

0 6501511710070 Togo 37

90 10090113102 Tunisia 13

3,500 150-806,1007,7582,800420 Turkey 1,588

0 1,05005252,2291,600650 Turkmenistan 654

0 115020215150100 Uganda 80

35 00354200 Ukraine 7

10 10001200 United Kingdom 2

5 13,500-453,80019,75518,0004,371 United States 2,500

3 003400 Uruguay 1

0 3,35001,3005,6984,6501,340 Uzbekistan 1,048

25 001101328515 Venezuela 22

1,850 001,8002,2152310 Vietnam 415

0 40025746520 Yemen 9

0 140080335215215 Zambia 115

0 4501590811575425 Zimbabwe 256

World

39,863 39,869-198119,501207,099124,72135,950 World 47,927

May 2011

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(1000 MT)

Table 05A Cotton Supply and Distribution MY 2011/2012 (Working Statistics)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 3015211911 Afghanistan 3

1 001200 Albania 0

3 003400 Algeria 1

1 101210 Angola 0

11 822185521294136 Argentina 253

0 000000 Armenia 0

0 936-3391,417925114 Australia 505

4 004600 Austria 1

0 501123199 Azerbaijan 6

2 002300 Bahrain 1

871 028711,047148 Bangladesh 174

13 00131500 Belarus 2

10 1091100 Belgium-Luxembour 1

0 87021129848 Benin 22

4 101321104 Bolivia 7

22 980-331,0023,8002,025305 Brazil 1,851

7 0091120 Bulgaria 2

0 18001226196109 Burkina 46

0 16044695965 Burma 9

2 002300 Cambodia 1

0 6009877638 Cameroon 19

3 003400 Canada 1

0 301745 Central African Republic 2

0 2103292525 Chad 5

7 007800 Chile 2

3,484 11010,45113,3197,1851,197 China 2,857

54 1187108359 Colombia 19

0 004537 Congo (Kinshasa) 1

0 000100 Costa Rica 0

0 760101188750 Cote d'Ivoire 32

0 000000 Croatia 0

2 003311 Cuba 0

0 000000 Cyprus 0

10 1091200 Czech Republic 2

0 000000 Denmark 0

May 2011

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(1000 MT)

Table 05A Cotton Supply and Distribution MY 2011/2012 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 001111 Dominican Republic 0

16 00192321 Ecuador 4

120 76318532416946 Egypt 60

30 00303700 El Salvador 7

0 000000 Estonia 0

0 2016231913 Ethiopia 5

17 20152100 France 3

44 80364900 Germany 5

0 70312117 Ghana 2

4 229113535930565 Greece 85

24 00243010 Guatemala 6

0 300333 Guinea 0

1 002212 Haiti 0

1 002310 Honduras 0

76 330399200 Hong Kong 20

1 001200 Hungary 1

109 1,04504,6817,0875,8792,613 India 1,361

425 41141451652 Indonesia 87

65 901311807626 Iran 40

15 00202674 Iraq 7

0 000000 Ireland 0

0 120116142 Israel 3

54 40506100 Italy 7

71 00718200 Japan 11

1 71010998733 Kazakhstan 18

1 0012161210 Kenya 4

22 003344124 Korea, North 11

239 1022928200 Korea, South 53

0 200129225 Kyrgyzstan 9

0 000000 Latvia 0

1 001100 Lebanon 0

0 000100 Lithuania 0

4 004600 Macedonia 2

0 201115137 Madagascar 2

0 2501392719 Malawi 13

May 2011

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(1000 MT)

Table 05A Cotton Supply and Distribution MY 2011/2012 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

49 10475500 Malaysia 7

0 1140514512571 Mali 25

27 00263100 Mauritius 5

294 49542561821836 Mexico 139

2 002300 Moldova 1

36 00354200 Morocco 7

0 1702292028 Mozambique 10

4 004500 Netherlands 1

0 200321 Nicaragua 0

0 001211 Niger 1

11 4906514510389 Nigeria 30

305 8752,3413,1042,243718 Pakistan 671

0 000000 Panama 0

1 905201611 Paraguay 6

65 1095148307 Peru 52

16 00162000 Philippines 4

7 007800 Poland 2

35 00344500 Portugal 10

2 002200 Romania 0

131 0013115600 Russia 25

0 80416137 Senegal 4

1 001100 Serbia and Montenegro 0

11 11001200 Singapore 1

0 000000 Slovakia 0

1 001100 Slovenia 0

1 002223 Somalia 0

24 004164224 South Africa 23

3 39010645115 Spain 15

1 002311 Sri Lanka 1

0 2702483620 Sudan 19

0 000000 Sweden 0

3 003400 Switzerland 0

0 5018022219633 Syria 37

207 0020725600 Taiwan 49

0 82081139338 Tajikistan 24

May 2011

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(1000 MT)

Table 05A Cotton Supply and Distribution MY 2011/2012 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 490331558276 Tanzania 73

386 0537645110 Thailand 70

0 1403252215 Togo 8

20 20202520 Tunisia 3

762 33-171,3281,68961091 Turkey 346

0 2290114485348142 Turkmenistan 142

0 2504473322 Uganda 17

8 008900 Ukraine 2

2 200300 United Kingdom 0

1 2,939-108274,3013,919952 United States 544

1 001100 Uruguay 0

0 72902831,2411,012292 Uzbekistan 228

5 002429193 Venezuela 5

403 0039248252 Vietnam 90

0 90516144 Yemen 2

0 30017734747 Zambia 25

0 9832017712593 Zimbabwe 56

World

8,679 8,681-4326,01945,09127,1557,827 World 10,435

May 2011

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(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2010/2011 (Working Statistics)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 15070988550 Afghanistan 13

8 00101311 Albania 3

16 00151900 Algeria 4

3 3051052 Angola 2

50 35098252,1781,250600 Argentina 994

1 001200 Armenia 1

0 3,000-150405,1494,400600 Australia 2,259

20 20202800 Austria 6

0 20050896530 Azerbaijan 19

15 00152000 Bahrain 5

3,850 0103,9004,6526435 Bangladesh 742

60 00607000 Belarus 10

45 100405500 Belgium-Luxembour 5

0 300010373300180 Benin 63

15 5060944820 Bolivia 29

650 2,000-1504,40014,3039,3001,390 Brazil 8,053

30 004050102 Bulgaria 10

0 67504819650400 Burkina 140

0 750200321270300 Burma 46

10 00101300 Cambodia 3

0 225040315275140 Cameroon 50

12 00121700 Canada 5

0 1205282025 Central African Republic 11

0 90015123100100 Chad 18

15 00202900 Chile 9

13,500 75047,00059,24630,5005,150 China 12,171

260 5539048614035 Colombia 86

2 0017211530 Congo (Kinshasa) 4

1 002311 Costa Rica 1

0 250045435350210 Cote d'Ivoire 140

1 001200 Croatia 1

10 00141644 Cuba 2

0 000000 Cyprus 0

45 50405300 Czech Republic 8

1 001200 Denmark 1

May 2011

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(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2010/2011 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

1 004534 Dominican Republic 1

75 008510693 Ecuador 21

450 275138001,250580155 Egypt 162

135 0014017011 El Salvador 30

0 000000 Estonia 0

0 100751068560 Ethiopia 21

80 100709500 France 15

200 35016522300 Germany 23

0 8015272315 Ghana 4

20 750501601,191850240 Greece 231

110 0011013332 Guatemala 23

0 1400161414 Guinea 2

5 00101157 Haiti 1

5 00101242 Honduras 2

300 150018040400 Hong Kong 74

4 004700 Hungary 3

450 4,800021,00030,84924,00011,160 India 5,049

1,800 20501,8252,289259 Indonesia 394

300 400600815350120 Iran 175

70 00901102518 Iraq 20

2 002200 Ireland 0

2 300441324 Israel 7

250 20023028200 Italy 32

325 0032537700 Japan 52

5 280045373275130 Kazakhstan 48

5 0050624942 Kenya 12

100 001501955519 Korea, North 45

1,000 501,0001,20200 Korea, South 197

0 80051208320 Kyrgyzstan 35

1 001100 Latvia 0

3 003400 Lebanon 1

2 101300 Lithuania 1

20 00202711 Macedonia 7

0 10050716030 Madagascar 11

0 1000516110080 Malawi 56

May 2011

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(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2010/2011 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

225 15021525900 Malaysia 29

0 450025567475260 Mali 92

120 0012013700 Mauritius 17

1,350 200251,9002,612683110 Mexico 487

10 00101400 Moldova 4

160 0016018811 Morocco 28

0 9001014587127 Mozambique 45

20 10202500 Netherlands 4

0 90112104 Nicaragua 2

0 104855 Niger 3

50 2250300664475410 Nigeria 139

1,500 4502510,25013,2828,7002,900 Pakistan 2,557

0 000000 Panama 0

5 35025714630 Paraguay 11

325 6043568213029 Peru 241

75 00759121 Philippines 16

30 00303700 Poland 7

155 2015520200 Portugal 45

7 007800 Romania 1

600 0062574200 Russia 117

0 25020595027 Senegal 14

5 005600 Serbia and Montenegro 1

50 50005300 Singapore 3

0 000000 Slovakia 0

4 004500 Slovenia 1

3 001011712 Somalia 1

110 0019027510020 South Africa 85

15 16504525420763 Spain 44

3 0081355 Sri Lanka 5

0 1000816210042 Sudan 54

0 000000 Sweden 0

15 10151900 Switzerland 3

0 250800944735125 Syria 119

875 009001,12700 Taiwan 227

0 425035556400165 Tajikistan 96

May 2011

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(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2010/2011 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 2250150710275300 Tanzania 335

1,700 2251,6751,99642 Thailand 294

0 50015826560 Togo 17

90 10090113102 Tunisia 13

3,400 150-805,9007,4282,100320 Turkey 1,458

0 1,00005252,1541,600640 Turkmenistan 629

0 90020175125100 Uganda 65

35 00354200 Ukraine 7

10 10001200 United Kingdom 2

5 15,50063,80021,05618,1044,330 United States 1,750

3 003400 Uruguay 1

0 3,30001,2505,5984,6501,300 Uzbekistan 1,048

25 001101328515 Venezuela 22

1,675 001,7252,067229 Vietnam 342

0 40025746520 Yemen 9

0 140080340215215 Zambia 120

0 4501590791575425 Zimbabwe 236

World

36,995 36,997-147116,511195,876114,59833,515 World 42,515

May 2011

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(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2010/2011 (Working Statistics)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductionBeginning

Stocks

Country

19 30150311 Afghanistan 3

0 002210 Albania 1

0 003310 Algeria 1

1 101100 Angola 0

272 76218011191131 Argentina 216

0 000000 Armenia 0

958 653-3390163131 Australia 492

0 004420 Austria 1

14 4011057 Azerbaijan 4

0 003310 Bahrain 1

14 028498381618 Bangladesh 162

0 00131320 Belarus 2

0 2091020 Belgium-Luxembour 1

65 650201639 Benin 14

10 1013374 Bolivia 6

2,025 435-33958142948303 Brazil 1,753

2 009720 Bulgaria 2

142 1470103787 Burkina 30

59 1604401165 Burma 10

0 002210 Cambodia 1

60 49090930 Cameroon 11

0 003310 Canada 1

4 301025 Central African Republic 2

22 20030522 Chad 4

0 004330 Chile 2

6,641 16010,2332,9393,3191,121 China 2,650

30 118557198 Colombia 19

3 004017 Congo (Kinshasa) 1

0 000000 Costa Rica 0

76 5401001946 Cote d'Ivoire 30

0 000000 Croatia 0

1 003201 Cuba 0

0 000000 Cyprus 0

0 1091020 Czech Republic 2

0 000000 Denmark 0

May 2011

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(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2010/2011 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductionBeginning

Stocks

Country

1 001001 Dominican Republic 0

2 00191651 Ecuador 5

126 603174984834 Egypt 35

0 00302970 El Salvador 7

0 000000 Estonia 0

19 20160513 Ethiopia 5

0 20151730 France 3

0 80364450 Germany 5

5 203013 Ghana 1

185 163113547052 Greece 50

1 00242440 Guatemala 5

3 300003 Guinea 0

1 002102 Haiti 0

1 002110 Honduras 0

0 3303965230 Hong Kong 16

0 001110 Hungary 1

5,225 1,04504,572981,3932,430 India 1,099

5 4113973921012 Indonesia 86

76 90131653626 Iran 38

5 00201534 Iraq 4

0 000000 Ireland 0

7 701021 Israel 2

0 40505470 Italy 7

0 007171110 Japan 11

60 6101012028 Kazakhstan 10

11 0011129 Kenya 3

12 00332294 Korea, North 10

0 10218218440 Korea, South 43

18 1701084 Kyrgyzstan 8

0 000000 Latvia 0

0 001100 Lebanon 0

0 000000 Lithuania 0

0 004410 Macedonia 2

13 2011027 Madagascar 2

22 220101317 Malawi 12

May 2011

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(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2010/2011 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductionBeginning

Stocks

Country

0 30474970 Malaysia 6

103 980502057 Mali 20

0 00262640 Mauritius 4

149 44541429412624 Mexico 106

0 002210 Moldova 1

0 00353560 Morocco 6

19 200201328 Mozambique 10

0 004410 Netherlands 1

2 200001 Nicaragua 0

1 001011 Niger 1

103 49065113089 Nigeria 30

1,894 9852,232327671631 Pakistan 557

0 000000 Panama 0

10 805147 Paraguay 2

28 109571496 Peru 52

0 00161630 Philippines 3

0 007720 Poland 2

0 003434100 Portugal 10

0 002200 Romania 0

0 00136131310 Russia 25

11 504026 Senegal 3

0 001100 Serbia and Montenegro 0

0 11001110 Singapore 1

0 000000 Slovakia 0

0 001100 Slovenia 0

2 002103 Somalia 0

22 004124144 South Africa 19

45 360103714 Spain 10

1 002111 Sri Lanka 1

22 22020139 Sudan 12

0 000000 Sweden 0

0 003310 Switzerland 1

160 5017404627 Syria 26

0 00196191550 Taiwan 49

87 930803436 Tajikistan 21

May 2011

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(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2010/2011 (Working Statistics) (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductionBeginning

Stocks

Country

60 4903309565 Tanzania 73

1 05365370640 Thailand 64

14 11030413 Togo 4

2 20202030 Tunisia 3

457 33-171,28574042070 Turkey 317

348 21801140121139 Turkmenistan 137

27 200401122 Uganda 14

0 008820 Ukraine 2

0 200200 United Kingdom 0

3,942 3,37518271642943 United States 381

0 001100 Uruguay 0

1,012 71802720206283 Uzbekistan 228

19 0024553 Venezuela 5

5 00376365812 Vietnam 74

14 905024 Yemen 2

47 3001702747 Zambia 26

125 9832004793 Zimbabwe 51

World

24,951 8,055-3225,3688,0559,6427,297 World 9,257

May 2011

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Table 09: World Cotton Supply and Distribution (Working Statistics)

(1,000 HA and 1000 480-lb. Bales)

Country Mktg Year Beginning

Stocks

Area

Harvested

Production Imports Total

Supply

Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Stock to

Use %

World

World

3220,60964,988-3365,02126,265111,86227,25363,37732,36921,232 1980/81

4125,83463,54823963,30925,764115,14625,69868,83932,93820,609 1981/82

3825,45467,26830266,96625,515118,23726,07166,33231,39425,834 1982/83

3524,28169,17649668,68025,333118,79027,05966,27730,92025,454 1983/84

5942,12671,29047470,81627,200140,61627,62988,70633,74124,281 1984/85

6347,58975,58225275,33028,078151,24928,98180,14231,58142,126 1985/86

4335,41782,27417982,09533,350151,04133,09370,35929,34747,589 1986/87

3932,60984,68053484,14630,103147,39230,52981,44630,87135,417 1987/88

3631,05085,88064285,23833,481150,41133,58284,22033,83132,609 1988/89

2924,97387,13923486,90531,357143,46932,70379,71631,69631,050 1989/90

3227,44685,69417085,52429,560142,70030,57887,14933,15124,973 1990/91

4336,95486,56036886,19228,249151,76329,02295,29534,78627,446 1991/92

4034,48586,3956386,33225,475146,35527,05382,34832,66736,954 1992/93

3227,80385,69314385,55026,660140,15627,95177,72030,74334,485 1993/94

3831,99184,287-33084,61728,157144,43530,28786,34532,27827,803 1994/95

4740,10485,396-54485,94027,361152,86126,99793,87335,94731,991 1995/96

5144,60987,351-58587,93626,838158,79828,57790,11733,77240,104 1996/97

5749,40986,686-58187,26726,722162,81725,92892,28033,81544,609 1997/98

6252,81583,646-1,11484,76023,524159,98524,48086,09632,89949,409 1998/99

5651,10390,480-60291,08227,170168,75327,97687,96232,36352,815 1999/00

5449,40890,819-1,33992,15826,200166,42726,22789,09731,99551,103 2000/01

5854,53093,736-70694,44229,149177,41529,30498,70333,71649,408 2001/02

4847,62597,611-77998,39030,457175,69330,18790,97630,73654,530 2002/03

4948,08497,189-88498,07333,198178,47134,11296,73432,31047,625 2003/04

5660,575107,904-1,170109,07435,014203,49333,840121,56935,70148,084 2004/05

5361,887115,038-1,743116,78144,854221,77944,771116,43334,72460,575 2005/06

5062,270121,998-1,811123,80937,476221,74438,045121,81234,56261,887 2006/07

4960,725121,137-2,154123,29139,005220,86738,921119,67632,89862,270 2007/08

5560,540107,377-2,679110,05630,065197,98230,176107,08130,59160,725 2008/09

3744,283118,328-73118,40135,565198,17636,244101,39230,11660,540 2009/10

3642,515116,364-147116,51136,997195,87636,995114,59833,51544,283 2010/11

4047,927119,303-198119,50139,869207,09939,863124,72135,95042,515 2011/12

May 2011

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Table 10: United States Cotton Supply and Distribution (Working Statistics)

(1,000 HA and 1000 480-lb. Bales)

Country Mktg Year Area

Harvested

Yield Beginning

Stocks

Production Imports Total

Supply

Exports Use Loss Ending

Stocks

Stock to

Use %

United States

353,681-1407,2503,31114,102928,3025,7085083,560 1975/76

262,928-866,6744,78414,3003810,5813,6815224,417 1976/77

455,34786,4835,48417,322514,3892,9285835,372 1977/78

323,958-2836,3526,18016,207410,8565,3474715,018 1978/79

193,000-1436,5069,22918,592514,6293,9586135,193 1979/80

232,668-3355,8915,92614,1502811,1223,0004535,348 1980/81

566,632-1235,2646,56718,3402615,6462,6686085,601 1981/82

747,937-425,5135,20718,6152011,9636,6326613,939 1982/83

222,7752385,9216,78615,720127,7717,9375692,973 1983/84

354,102-745,5386,21515,7812412,9822,7756734,200 1984/85

1129,348-1546,4131,96017,5673313,4324,1027064,140 1985/86

365,026-807,4526,68419,08239,7319,3486183,427 1986/87

415,771-1827,6176,58219,788214,7605,0267924,059 1987/88

517,0921657,7826,14821,187515,4115,7716944,835 1988/89

183,000-1638,7597,69419,290212,1967,0926883,860 1989/90

142,344-2858,6577,79318,509415,5053,0007114,748 1990/91

233,70489,6136,64619,9711317,6142,3447315,245 1991/92

304,662-19010,2505,20119,923116,2183,7047854,501 1992/93

203,530-810,4186,86220,802616,1344,6626795,173 1993/94

132,650-3811,1989,40223,2122019,6623,5307945,391 1994/95

142,6092710,6477,67520,95840817,9002,6506026,478 1995/96

223,971-811,1266,86521,95440318,9422,6097915,216 1996/97

213,8874111,3497,50022,7771318,7933,9717545,425 1997/98

273,939-39410,4014,29818,24443913,9183,8877014,324 1998/99

233,91514510,1946,75021,0049716,9683,9396805,433 1999/00

386,000-4838,8626,74021,1191617,1883,9157085,282 2000/01

407,4481807,69611,00026,3242120,3036,0007905,596 2001/02

285,3851667,27311,90024,7246717,2097,4487465,025 2002/03

173,4502116,26613,75823,6854518,2555,3858184,858 2003/04

265,4951086,69114,43626,7302923,2513,4509585,284 2004/05

266,069-2005,87117,67329,4132823,8905,4959315,586 2005/06

539,4793034,93512,95927,6761921,5886,0699125,152 2006/07

5510,0514294,58413,63428,6981219,2079,4799854,245 2007/08

386,337-3193,58713,26122,866012,81510,0519113,063 2008/09

192,947803,46112,03718,525012,1886,3378713,047 2009/10

91,75063,80015,50021,056518,1042,9479104,330 2010/11

142,500-453,80013,50019,755518,0001,7508974,371 2011/12

May 2011

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Table 11: Foreign Cotton Supply and Distribution (Working Statistics)

(1,000 HA and 1000 480-lb. Bales)

Country Mktg Year Area

Harvested

Yield Beginning

Stocks

Production Imports Total

Supply

Exports Use Loss Ending

Stocks

Total Foreign

22,22028554,35022,65699,51126,19445,67327,64437826,310 1975/76

19,45222453,56419,81993,05924,89345,94622,22038326,116 1976/77

20,29030054,53920,95796,08627,11549,51919,45238228,204 1977/78

17,89820756,87721,07396,05527,12548,64020,29038127,796 1978/79

18,23215359,39821,43399,21630,50150,81717,89840927,026 1979/80

17,94130259,13020,33997,71227,22552,25518,23242127,021 1980/81

19,20236258,04519,19796,80625,67253,19317,94142427,337 1981/82

17,51734461,45320,30899,62226,05154,36919,20243127,455 1982/83

21,50625862,75918,547103,07027,04758,50617,51745627,947 1983/84

38,02454865,27820,985124,83527,60575,72421,50655829,541 1984/85

38,24140668,91726,118133,68228,94866,71038,02452927,441 1985/86

30,39125974,64326,666131,95933,09060,62838,24150925,920 1986/87

26,83871676,52923,521127,60430,52766,68630,39154226,812 1987/88

23,95847777,45627,333129,22433,57768,80926,83851728,996 1988/89

21,97339778,14623,663124,17932,70167,52023,95852827,836 1989/90

25,10245576,86721,767124,19130,57471,64421,97354928,403 1990/91

33,25036076,57921,603131,79229,00977,68125,10257329,541 1991/92

29,82325376,08220,274126,43227,05266,13033,25051128,166 1992/93

24,27315175,13219,798119,35427,94561,58629,82352425,570 1993/94

29,341-29273,41918,755121,22330,26766,68324,27354026,887 1994/95

37,495-57175,29319,686131,90326,58975,97329,34156129,469 1995/96

40,638-57776,81019,973136,84428,17471,17537,49554328,556 1996/97

45,522-62275,91819,222140,04025,91573,48740,63856428,390 1997/98

48,876-72074,35919,226141,74124,04172,17845,52255028,575 1998/99

47,188-74780,88820,420147,74927,87970,99448,87657426,930 1999/00

43,408-85683,29619,460145,30826,21171,90947,18858626,713 2000/01

47,082-88686,74618,149151,09129,28378,40043,40860728,120 2001/02

42,240-94591,11718,557150,96930,12073,76747,08262525,711 2002/03

44,634-1,09591,80719,440154,78634,06778,47942,24062227,452 2003/04

55,080-1,278102,38320,578176,76333,81198,31844,63470430,417 2004/05

55,818-1,543110,91027,181192,36644,74392,54355,08069229,138 2005/06

52,791-2,114118,87424,517194,06838,026100,22455,81874229,410 2006/07

50,674-2,583118,70725,371192,16938,909100,46952,79176328,653 2007/08

54,203-2,360106,46916,804175,11630,17694,26650,67474627,528 2008/09

41,336-153114,94023,528179,65136,24489,20454,20371827,069 2009/10

40,765-153112,71121,497174,82036,99096,49441,33672029,185 2010/11

45,427-153115,70126,369187,34439,858106,72140,76573631,579 2011/12

May 2011