Cotton Markets in ASEAN Countries and U.S. Export Potential
Darren Hudson and
Tanmoy Ghose
Choices: The Magazine of Food, Farm, and Resource Issues, 2024, vol. 39, issue 03
Abstract:
The Association of Southeast Asian Nations (ASEAN) region represents an important market for agricultural products due both to its relative share of global population and its income growth potential, with per capita GDP increasing at an average annual rate of 3.74% in nominal terms from 2000 to 2021 (World Bank, 2023). Unlike food products, however, cotton is an industrial good with a complicated web of interconnected supply chains that depend on different comparative advantages, complex international and domestic policies, and factor availability. We discuss here the trends in U.S. cotton exports to the region as well as some of these complicated factors that both offer opportunities and challenges to U.S. cotton exports.
Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaeach:344755
DOI: 10.22004/ag.econ.344755
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