HS Code:
The 'Purchased and entered pursuant to the Secretary of Agriculture's Special Cotton Import Quota Announcement Number 10' category pertains to specific cotton imports under a designated quota system managed by the U.S. Department of Agriculture (USDA). This quota facilitates the importation of upland cotton under special conditions to balance domestic supply and demand while protecting local producers. The Harmonized System (HS) code for this category is typically linked to cotton classifications under Chapter 52, often specified further at the national level (e.g., 5201.00.18 in the U.S.). This category is subject to strict quota limits and periodic announcements that dictate the volume and timing of imports.
Total Trade Volume
Approximately 40,000 metric tons
Data from 2022
Source
U.S. Department of Agriculture (USDA) and U.S. International Trade Commission (USITC)
15,000 metric tons
37.5% of total trade of total trade
Increasing
10,000 metric tons
25.0% of total trade of total trade
Stable
8,000 metric tons
20.0% of total trade of total trade
Decreasing
5,000 metric tons
12.5% of total trade of total trade
Increasing
2,000 metric tons
5.0% of total trade of total trade
Stable
Average Rate
0% (under quota limits); 36 cents/kg if out-of-quota
Highest Rate
36 cents/kg (out-of-quota imports)
Lowest Rate
0% (within quota allocations)
Increased demand for sustainable cotton
Countries like Brazil and Australia are gaining market share due to certifications in sustainable farming practices, influencing quota allocations.
2021-2022
Fluctuations in global cotton prices
Higher global prices have led to more frequent quota announcements to stabilize U.S. domestic supply, impacting import volumes.
2022
Shift towards regional trade agreements
Agreements like USMCA have prioritized imports from Mexico and other regional partners, affecting traditional exporters like India.
2020-2022
The USDA issued a revised Special Cotton Import Quota Announcement Number 10 in mid-2022, increasing the allowable import volume by 10% to address domestic shortages caused by adverse weather impacting U.S. cotton yields.
June 2022
This adjustment led to a temporary spike in imports, particularly from Brazil and Australia, benefiting U.S. textile manufacturers.
Several major cotton exporters under this quota system have adopted stricter sustainability certifications, aligning with U.S. market demands for environmentally friendly raw materials.
March 2022
This has favored exporters like Brazil over others lacking such certifications, potentially reshaping future quota allocations.
Ongoing geopolitical issues and supply chain disruptions in key regions have delayed cotton shipments, prompting the USDA to consider emergency quota extensions.
September 2022
Delays have caused short-term supply constraints for U.S. manufacturers, potentially increasing costs and affecting downstream industries.