Page 31 - MEX-Yearbook-2017
P. 31

• The state of demand from the leading cotton-consuming/importing
     countries such as China, India, Pakistan, Turkey and Brazil in particular
     in the most relevant sector i.e. the textile industry.

• The value of the US Dollar, as the US is the largest exporter of cotton
• Seasonal and weather factors
• Many cotton producing countries have sought to insulate their farmers

     and the textile industries upon which they depend on from external
     competition, changes in these policies (e.g., subsidies) can have
     an impact on other global cotton producers. For example, the US
     government has subsidized US cotton farmers since the 1930’s, to a
     greater extent than farmers of other crop. However, these subsidies
     distort global flows of cotton.
• Genetic modifications like many other agricultural products.

Major Producers of Cotton in 2016

                                               (1000 of 480-lb bales)                                                                          Cotton is a part of
                                                                                                                                            everyday life for almost
        Country        Quantity*    Country             Quantity*                                                                          every population, as this
                                                                                                                                         commodity is used in a wide
India                  27,000 Australia                 4,500                                                                             variety of textile products.

China                  22,500 Uzbekistan                3,550

USA                    17,230 Turkey                    3,200

Pakistan               7,700 Turkmenistan               1,325

Brazil                 6,500 Burkina                    1,300

                                                        * Estimate

Major Exporters & Importers of Cotton in 2016

                                               (1000 of 480-lb bales)

              Exports                          Imports

        Country        Quantity*    Country             Quantity*

USA                    13,200 Bangladesh                6,400

India                  4,500 Vietnam                    5,400

Australia              4,100 China                      4,500

Brazil                 2,800 Turkey                     3,250

Uzbekistan             1,700 Indonesia                  3,100

Burkina                1,150 Pakistan                   2,600

Mali                   1,075 India                      2,200

Greece                 850 Thailand                     1,200

Turkmenistan           800 Mexico                       1,075

Argentina              325 South Korea                  1,000

                                                        * Estimate

                       Source: U.S. Department of Agriculture

        800                       Cotton
                 Months (January 2017 - December 2017)
L 700         January
                        February
        600
                                  March
O 500                                       April
                                                       May
        400                                                      June
                                                                           July
T 300                                                                                 August
                                                                                                September
        200                                                                                               October
                                                                                                                     November
S 100                                                                                                                          December

           0

                                                                                                                                         MEX NEPAL YEAR BOOK 2017 | 30
   26   27   28   29   30   31   32   33   34   35   36