TextTable

September 2005 Edition:

U.S. Exports Shift to East and West Coasts

U.S. exports have more than doubled to a projected 15.3 million bales for 2005/06 since 1999/2000. During this time, the share of exports leaving East Coast ports has more than tripled, Texas/Southwest export share has shrunk by over a third, and exports from West Coast ports have rebounded to previous shares.

East Coast exports have been supported by declining U.S. cotton mill use as Southeast and Memphis Territory cotton formerly used domestically is now shipped overseas. Additionally, East Coast exports to China have taken a larger share, presently accounting for a quarter of 2004/05 exports to date (August-June).

The decline of export share out of the Texas/Southwest region is likely driven by Mexico’s lower share of total U.S. exports. Also, merchants have shifted storage to strategic cotton facilities near port locations that service major U.S. buyers in preparation of future exports and sales. Such practice meets the demand for quicker response time to hand-to-mouth buying in major markets like China by pushing cotton storage near the Los Angeles customs district in the West Coast region.

The Los Angeles district exports more U.S. cotton than any other, typically accounting for over 40 percent of exports. The East Coast’s Savannah customs district has become the second largest, growing in share from 3 percent to 17 percent since 1999/2000. Within the Texas/Southwest region, Laredo district exports have fallen from 23 percent to 12 percent during the same period.

World and U.S. Cotton Situation and Outlook
Marketing Years 2003/04, 2004/2005, and 2005/06
1,000 480-Lb. Bales
	World				U.S.
	2003/04	2004/2005	2005/2006	% Change 04/05 - 05/06	2003/04	2004/2005	2005/2006	% Change 04/05 - 05/06
Production	95,112	120,232	111,529	-7.2	18,255	23,251	22,282	-4.2
Imports	33,986	33,068	39,176	18.5	45	30	40	33.3
Use	98,172	108,147	112,202	3.7	6,221	6,264	5,800	-7.4
Exports	33,219	34,959	38,694	10.7	13,758	14,300	15,300	7.0
Ending Stocks	40,175	50,623	51,202	1.1	3,506	5,750	7,000	21.7

Download Cotton Supply and Demand Database {.csv}

Download Cotton Circular {.pdf}

TABLE OF CONTENTS

Statistical tables contained in this circular may be viewed in Adobe Acrobat format ® {.pdf}.

Tables

Summary of Changes (1,000 480-lb. bales) {.pdf}

Table 1: World Cotton Supply, Use and Trade, 1999/2000-2004/2005 (1,000 metric tons) {.pdf}

Table 2: World Cotton Supply, Use and Trade, 1999/2000-2004/2005 (1,000 480-lb. bales) {.pdf}

Table 3: FY 2002 GSM-102 and Supplier Credit Programs {.pdf}

Table 4: Area, Yield, and Production by Country 2003/2004-2004/2005 {.pdf}

Table 5: Cotton Supply & Distribution by Country 2004/2005 (1,000 480-lb. bales) {.pdf}

Table 5-A: Cotton Supply & Distribution by Country 2004/2005 (1,000 metric tons) {.pdf}

Table 6: Cotton Supply & Distribution by Country 2003/2004 (1,000 480-lb. bales) {.pdf}

Table 6-A: Cotton Supply & Distribution by Country, 2003/2004 (1,000 metric tons) {.pdf}

Table 7: Export Sales Summary {.pdf}

Table 8: Northern European Cotton and Adjusted World Price {.pdf}

Table 9: World Cotton Production, Yield, Supply, and Utilization {.pdf}

Table 10: United States Cotton Production, Yield, Supply, and Utilization {.pdf}

Table 11: Foreign Cotton Production, Yield, Supply, and Utilization {.pdf}

Statistical tables are available in Adobe Acrobat. You may need to GET the Acrobat reader.

Last modified: Tuesday, August 30, 2005