News Snapshot:
The United States imports almost all cotton products (i.e., cotton apparel, home textiles, etc.) that American consumers buy in retail stores. Imports of US cotton products in calendar year 2021 were the highest since 2010 and are expected to support forecast for record cotton consumption in marketing year 2021/22 (August-July). The United States is the largest importer of cotton products, and the country’s demand is a significant factor in the amount of cotton cut into yarn, therefore a harbinger of global cotton lint consumption. According to data from the International Trade Administration Office of Textiles and Apparels (OTEXA), imports of...
