Share of cotton fiber in total exports drops as low as 1.9%

BUSINESS 15:11 / 17.12.2018 1142

An analysis of the trend in the share of cotton fiber in total exports showed that in January-November 2015, the share of exports of cotton fiber amounted to 5.3 % of total exports, while 409.3 thousand tons of raw materials were sent abroad. In January-November 2016, 348.9 thousand tons of cotton fiber were exported and in January-November 2017, its share in the total export volume decreased to 3.4 % (246.9 thousand tons of raw materials were sold overseas).

Over the past 11 months of the current year, the share of cotton fiber in total exports (1.9 %) decreased significantly compared with the same period last year. During the same period, 110.9 thousand tons of cotton fiber were exported for $ 213.2 million.

It should be noted that in November 2018, exports of goods and services, in general, increased by $ 97.6 million compared with October, while imports of goods and services decreased by $ 11.2 million.

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