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overview Cotton is the single most important textile fiber in the world, accounting for over 40 percent of total world fiber production. While some 80 countries from around the globe produce cotton, the United States, China, and India together provide over half the world's cotton. The United States, while ranking second to China in production, is the leading exporter, accounting for over one-third of global trade in raw cotton. The U.S. cotton industry accounts for more than $25 billion in products and services annually, generating over 400,000 jobs in the industry sectors from farm to textile mill. ERS analyzes events in the U.S. and international cotton and textile markets that influence supply, demand, prices, and trade. contents
feature recommended readings Size and Distribution of Market Benefits from Adopting Biotech Crops estimates the size and distribution of market benefits from adopting Bacillus thuringiensis (Bt) cotton, herbicide-tolerant cotton, and herbicide-tolerant soybeans in 1997. Impacts on U.S. farmers, U.S. consumers, biotechnology developers, germplasm suppliers, and producers and consumers in other countries are assessed. USDA Upland Cotton Baseline, 2004-13 provides background on supply and demand trends for cotton, underlying the baseline projections in USDA Agricultural Baseline Projections to 2013, and summarizes key results for the U.S. cotton sector. See all recommended readings... recommended data products Cotton and Wool Yearbook tables present data on cotton acreage, production, use, trade, and prices and other related textile products. Bilateral Fiber and Textile Trade Database is a queriable database containing trade flows among 42 exporting and importing countries/regions on 43 fiber, textile, and clothing product aggregates. Cotton production costs and returns data and analyses are available at regional and national levels back to 1975. Foreign Agricultural Trade of the United States (FATUS) provides U.S. agricultural exports and imports, volume and value, by country, by commodity, and by calendar year, fiscal year, and month, for varying periods, such as 1935 to the present or 1989 to the present. Updated monthly or annually. Production, Supply, and Distribution (PS&D) contains official USDA data on production, supply, and distribution of agricultural commodities for the United States and major importing and exporting countries. The database provides projections for the coming year and historical data for more than 200 countries and major crop, livestock, fishery, and forest products. WTO Agricultural Trade Policy Commitments Database contains data on implementation of trade policy commitments by WTO member countries. Data on domestic support, export subsidies, and tariffs are organized for comparison across countries. This queriable database offers various options for viewing and downloading data. recent research developmentsNorth American Free Trade Agreement (NAFTA). NAFTA has had a positive effect overall on U.S. agriculture, reinforcing the trend toward greater integration of U.S., Canadian, and Mexican markets. Competitiveness has provided the American consumer with a wider choice of products. ERS continues to monitor and analyze the impact of NAFTA on specific agriculture-related commodities, including cotton and textiles. Contact: Leslie Meyer. Multi-Fiber Arrangement (MFA). A substantial portion of the protection enjoyed by textile and apparel industries in developed countries like the United States will disappear by 2005 when long-term quantitative trade restrictions under the Multi-Fiber Arrangement come to an end, as stipulated in the Uruguay Round Agreement. ERS is analyzing the structural changes in the textile and apparel industries that are likely to accelerate as textile and apparel production migrate to developing countries, with impacts on the U.S. cotton sector. Contact: Stephen MacDonald. newsletterCotton and Wool Outlook, published 10 times per year, provides updates on current market developments and their influence on the cotton and wool sectors, with data on production, consumption, prices, and trade. related briefing rooms related links maps and images
for more information, contact:
Leslie Meyer or Stephen
MacDonald
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