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The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
India’s fiber market is dominated by cotton, however, increased international demand for sustainable fibers is driving apparel and textile manufacturers to utilize hemp.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
On February 19, 2024, India's Ministry of Finance (MoF)/Department of Revenue issued Notification No. 10/2024-Customs in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) (official gazette), lowering import duties levied on frozen turkey (meat) and edible offal, cranberries, and blueberries.
On February 19, the Government of India (GOI) published a notification that rescinded -effective February 20- the import duty of 10 percent for cotton with a staple length above 32 millimeters (mm).
India is the world’s most populous country and boasts one of the fastest growing economies in the world. As Indian households continue to reach higher levels of consumer spending, imported agricultural products are becoming more accessible to a larger number of people.
Post lowers the forecast for marketing year (MY) 2023/24 raw cotton imports to 7.5 million bales on lower work orders for garments coupled with Bangladesh’s economic challenges including declining foreign exchange reserves. The export value of ready...
No significant changes are made to the cotton supply and demand outlook. The 2023/24 cotton production forecast is unchanged at 6.5 million bales, total use is 10 million bales, and the import forecast remains 4.2 million bales.
On May 17, 2023 the Bangladesh Ministry of Agriculture published a special regulatory order amending the Plant Quarantine Rules 2018, thereby allowing the importation of U.S. cotton into Bangladesh without fumigation on-arrival.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
On April 13, 2022, the Government of India rescinded its cotton import duty of 10 percent until September 30, 2022. This import duty consists of a five percent basic customs duty and a five percent Agriculture Infrastructure and Development Cess (AIDC), which has been reversed to “Nil” until the end of the Indian cotton marketing year (October/September).
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.