Pakistan's production in 2010/11 is forecast to decline 3.1 percent to 9.3 million bales from the previous year, while the United States and Uzbekistan are each forecast to produce 18.9 million bales and 4.8 million bales, up 55 percent and 23 percent, respectively, from the previous year. Global cotton area is forecast at 33.3 million hectares, up 10 percent from a year ago, while world 2010/11 yield is forecast to increase 5 percent to 764 kg/ha from the previous year.
World cotton exports in 2010/11 are forecast at 38.1 million bales, up 5 percent from a year ago and similar to the global pre-crisis traded volume.
Australia and Brazil are expected to export 2.75 million bales and 2.2 million bales in 2010/11, an increase of 30 percent and 10 percent, respectively, from the previous year. At the current forecasts, Australia will overtake Brazil and the African Franc Zone to become the world's fourth largest cotton exporter.
India, the world's number two cotton exporter is forecast to export 4.8 million bales, down 27 percent from the Uzbekistan's 2010/11 exports are forecast to decline 1.3 percent from the previous year to 3.8 million bales.
The United States, the global leader in cotton exports, is expected to export 15.5 million bales, a 29-percent increase from the previous year and the highest volume exported in five years. As of September 30, 2010, U.S. export commitments exceeded 9.0 million bales, the largest as of that date since reporting began in the mid-1970s.
China, the leading cotton importer, is forecast to import 13.0 million bales, up 19 percent from a year earlier. Besides China, most other major cotton importers are expected to record declines or slight increases in imports in 2010. Indonesia is expected to import 2.1 million bales in 2010/11, up 1.2 percent from a year ago. South Korea's 2010/11 cotton imports are forecast at 1.0 million bales, a 1-percent decline from the previous year. Pakistan and Turkey are each forecast to import 1.8 million bales and 3.2 million bales, a 29-percent rebound and a 27-percent decline, respectively, from the previous year.
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U.S. Department of Agriculture (USDA)
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