The Data Analysis of Cotton Import and Export in China from Jan to May

According to the customs, from Jan to May, China imported 1,206,300 tons, which decreased 161,600 tons year on year (-11.8%). China imported 144,600 tons on May, which decreased 27% year on year and deceased 32.3% mouth to mouth, the lowest level in this year. Because the international cotton price is higher than the domestic cotton price obviously, the export volume increased dramatically while the cotton import volume is decreasing. From Jan to May, China exported 21,100 tons cotton, which is 6.5 times compared to the same period of last year and 3.3 times than total export volume of last year. China exported 5,200 tons on May, which is 3.6 times compared to the same period of last year.