Japan as a Market for U. S. Cotton (Classic Reprint)

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Excerpt from Japan as a Market for U. S. CottonJapan is the world's largest importer of cotton, although imports declined from million bales in to million in and may have been at about that level in 8. Japan once again became the largest export market for u.s. Cotton in after falling behind the Republic of Korea the season before. U.s. Exports to Japan totaled slightly over 1 million bales valued at $339 million in Exports plus outstanding sales in through July 6 totaled million bales, and bales already had been sold by that date for delivery in Japan is also a large buyer of cotton from Latin America, the ussr, Pakistan, India, and Egypt.Over 80 percent of the cotton imported into Japan is spun and woven into textiles that are absorbed by the Japanese market, the remainder is made into exported textiles. Japan is one of the world's largest consumers of cotton and other textiles. Per capita consumption of all fibers by Japan consumers doubled from the late 1950's to early 1970's and is one of the world's highest. In fact, Japan's per capita consumption of cotton, kilograms, is well above the United States kilograms, although its total for all fibers including manmade fibers, kilograms, is below the United States figure of kilograms.The Japanese domestic market for textiles, how ever, has been stagnant since 1972, and the per capita offtake since then has been well below the 1970-1973 level. Factors responsible for the slump have been a slowdown in the rate of expansion of the Japanese economy, a rising proportion of exported goods and services in Japan's Gross National Product (gnp), leaving a reduced share for domestic consumption, and increased competition from other goods and services for the purchasing power of the Japanese consumer. From 1972 to 1976, personal expenditures for clothing at constant prices rose only 12 percent compared with 10 percent for food, 30 percent for fuel and light, 41 percent for rent, 27 percent for housing, and 38 percent for miscellaneous.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.