Pakistan: Cotton and Products Annual

Pakistan’s marketing year 2017/18 cotton production is forecast at 8.5 million 480 lb bales, up 10 percent from a year ago due to an expected increase in area. Still, area remains low compared to historical levels as farmers shift to sugarcane and increasingly popular corn. Pakistan is likely to continue as a significant importer to augment domestic production, though imports are expected to decline somewhat in response to improved production. Annual cotton consumption has been largely unchanged for over a decade and that trend is expected to continue into 2017/18. Pakistan has announced a funding package aimed at expanding the textile sector which includes a reduction in the cotton import tariff to zero. 

Pakistan: Cotton and Products Annual