Global Cotton Information Report

In recent years,

Has been unstable.

According to the US Department of Agriculture Report

China's 2012/13,

It is estimated to be 13 million 500 thousand bales, 42% less than the previous year, because the inventories of 2012/13 were high at the beginning of the year and expected to be 27 million 300 thousand bales.

The decrease in imports over the previous year was even more prominent in the June revision of the world agricultural products supply and demand monthly (WASDE). In 2011/12, China's imports were adjusted to 23 million 300 thousand packages, up by nearly 1 million 800 thousand packages from the previous month's report, because Australia, Brazil, India and the United States continued to arrive in China.

Bangladesh and Indonesia are expected to import 3 million 600 thousand packs and 2 million 100 thousand packages respectively in 2012/13, up 14% and 6% respectively over the previous year.

Pakistan and Turkey are expected to import 2 million 200 thousand packs and 3 million packages respectively, representing an increase of 83% and 30% respectively over the previous sales year.

The global 2012/13 is expected to export 37 million packs, down 15% from last year.

Australia's 2012/13 exports are expected to increase by 2% to 4 million 300 thousand packages, and the US expects to export 11 million 800 thousand packs, far below the expected reduction in Brazil and India.

Brazil expects to export 4 million 100 thousand packs in 2012/13, a 16% decrease over the previous year, due to the expected decline in production.

India is usually the second largest cotton exporter in the world. It expects to export only 4 million packages in 2012/13, a decrease of 60% over the previous year.

If so, India's exports will lag behind Australia, the world's third largest exporter.

Uzbekistan expects to export 2 million 600 thousand bales of cotton in 2012/13, an increase of 4% over the previous year.