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Drop in Chinese demand hurts cotton yarn exports

Related Keywords: China is the largest importer of cotton yarn, Chinese cotton, Chinese domestic spinners, global imports, imports cotton, Indian cotton yarn, Indian spinners, largest exporter of cotton yarn, Vietnam’s yarn exports to China, yarn production

Exports declined 16.3% during the timeframe even though yarn production increased 3.5% between 2013-14 and 2017-18. The share of exports in total yarn production has come down to 27% in 2017-18 from 33% in 2013-14.

India’s share has dropped to around 26% in 2017 from 30% in 2015 inspite of remaining the largest exporter of cotton yarn in the world.

Bangladesh retains largest cotton importer position in 2015-16

Related Keywords: Bangladesh's textile imports, cotton exporters, cotton exporting countries, cotton importing countries, cotton imports in Bangladesh, global imports, Indian cotton, textile makers, US Department of Agriculture, world's largest importer of cotton

In 2015-16, Bangladesh imported 6.2 million cotton bales during the year thereby reinforcing its position as the world's largest importer of cotton. According to US department of agriculture (USDA), Bangladesh's imports are expected to increase to 6.3 million bales in 2016-17. This raises Bangladesh's share of global imports to over 18 per cent, which is more than double its share seen 5 years before.

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