U.S. EXPORT SALES FOR WEEK ENDING 7/14/2022
U.S. EXPORT SALES FOR WEEK ENDING 7/14/2022

U.S. EXPORT SALES FOR WEEK ENDING 7/14/2022

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Cotton:  Net sales of 54,100 RB for 2021/2022 were up noticeably from the previous week and up 93 percent from the prior 4-week average.  Increases primarily for Vietnam (64,200 RB, including decreases of 100 RB), China (3,100 RB, including decreases of 9,000 RB), Indonesia (2,100 RB, including 700 RB switched from Pakistan, 400 RB switched from Japan, and decreases of 100 RB), Honduras (800 RB), and Thailand (700 RB, including 300 RB switched from Japan), were offset by reductions primarily for Pakistan (13,500 RB), South Korea (2,200 RB), and Japan (1,100 RB).  Net sales of 113,200 RB for 2022/2023 primarily for Vietnam (37,400 RB), Turkey (29,000 RB), Malaysia (9,200 RB), Ecuador (7,600 RB), and Honduras (6,600 RB), were offset by reductions for El Salvador (100 RB).  Exports of 330,800 RB were up 6 percent from the previous week, but down 7 percent from the prior 4-week average.  The destinations were primarily to China (116,500 RB), Vietnam (53,900 RB), Turkey (42,800 RB), Pakistan (22,200 RB), and Mexico (21,900 RB).  Net sales reductions of 2,600 RB of Pima--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average.  Increases reported for Thailand (900 RB), were more than offset by reductions for India (3,500 MT).  Total net sales of 400 RB for 2022/2023 were reported for India.  Exports of 5,300 RB were up 23 percent from the previous week, but down 21 percent from the prior 4-week average.  The destinations were to China (2,300 RB), India (1,200 RB), Egypt (600 RB), Vietnam (400 RB), and Taiwan (400 RB). 

Optional Origin Sales:  For 2021/2022, options were exercised to export 3,700 RB to Vietnam from the United States.  The current outstanding balance of 9,000 RB is for Vietnam (6,500 RB) and Pakistan (2,500 RB).  

Export for Own Account: For 2021/2022, new exports for own account totaling 300 RB were to Pakistan.  Exports for own account totaling 8,100 RB to China (5,200 RB) and Vietnam (3,000 RB) were applied to new or outstanding sales.  The current exports for own account outstanding balance of 58,200 RB is for China (32,500 RB), Vietnam (20,600 RB), Indonesia (4,800 RB), and Pakistan (300 RB).   

Source: USDA-FAS

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