Cotton Textile Trade Increased In The First Quarter Of 2013 Compared With The Same Period Last Year.

< p > in the first quarter of 2013, the US cotton < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > trade increased year by year.

In January 2013 -3, imports of cotton products reached 2 billion (equivalent to unprocessed fiber) pounds, an increase of 6% over the same period in 2012.

< /p >

In the first 3 months of "P > 2013, American cotton textile and < a target=" _blank "href=" //www.sjfzxm.com/ "> clothing < /a > exported 419 million pounds, slightly higher than last year.

Therefore, in the first quarter of 2013, the trade deficit of US cotton products reached 1 billion 600 million pounds, which was higher than the 1 billion 400 million pound deficit in the same period in 2012, but similar to that in 2011.

< /p >

The five largest suppliers in the US market (P, China, India, Pakistan, Bangladesh and Mexico) account for more than 60% of the total US cotton imports.

In January 2013 -3, these countries accounted for nearly 63% of the total imports of the United States, slightly higher than the previous year, but similar to the 2012 calendar year.

< /p >

< p > China still accounts for the largest proportion (30%), though it is lower than the previous two years.

As China's 2012/13 volume is expected to decrease again, the proportion of India, Pakistan and Bangladesh in the US market is expected to increase.

< /p >

Compared with imports, the export of American cotton products is still relatively concentrated, because the largest country has changed. In 2013, China replaced Canada and became the fourth largest destination for the export of American cotton products.

In January 2013 -3, the largest five countries accounted for 81% of the total US exports, slightly higher than the same period in 2012 and 2012 over the whole calendar year.

< /p >

< p > exports to the four largest countries have been reduced, but exports to China have increased substantially and exports to China have increased by more than three times.

US textile exports to China (mainly cotton yarn) accounted for 10% of the total exports in the first 3 months of 2013, compared with only 4% of the total 2012 over the past year.

< /p >