Global Economic Update for Cotton USA for January 2023

• ’22-23 World production estimated at 115.4 million bales, 330,000 bales lower than the December estimate. • ’22-23 United States production estimated at 14.7 million bales,440,000 bales higher than the December estimate. • ’22-23 United States exports estimated at 12.0 million bales,250,000 bales lower than the December estimate. • ’22-23 India production estimated at 26.5 million bales, 1.0miilion bales lower than the December estimate. • ’22-23 China imports estimated at 7.8 million bales, 250,000bales lower than the December estimate. • ’22-23 Vietnam imports estimated at 6.4 million bales, 200,000bales lower than the December estimate.