Sunday, 22 May 2011

COTTON USA Fiber Trade Servicing

Ongoing education about U.S. cotton helps maintain traditional markets for U.S. cotton and facilitates export growth in potential markets. To expand knowledge among cotton importers about the technical advantages of using U.S. cotton and foster development of business relationships, CCI sponsors trade servicing activities that introduce U.S. cotton and the U.S. cotton industry to overseas textile industry leaders and provide regular updates on developments within the U.S. industry. Trade servicing activities also provide the vehicle for CCI to support other government/private sector programs such as the GSM-102, Cochran, Section 108 and Emerging Market programs. 

COTTON USA Manufactured Cotton Product Trade Servicing

Picture of U.S. Exporters displaying products to customersHigh value agricultural products will comprise a growing share of world agricultural trade in the future – and cotton is no exception. Textile firms in many countries, particularly developed countries, are scaling back domestic processing in favor of buying intermediate products such as yarn and fabrics from countries that have competitive advantages in these stages of processing. This trend offers opportunities to the U.S. cotton textile in­dustry that, although cost-competitive in some stages of processing, has traditionally held a small share of world trade in manufactured cotton products.
Through its COTTON USA Manufactured Cotton Product Trade Servicing program, CCI works to increase U.S. market share by collecting information on current and potential markets for U.S. products, helping to establish and develop relationships between U.S. exporters and potential overseas customers and sponsoring events/venues for U.S. exporters to display products to customers. U.S.-manufactured cotton products are eligible for the COTTON USA promotional programs, and CCI staff works diligently to help exporters take advantage of these activities.
Through the COTTON USA Sourcing Program, CCI has developed a robust program of support for U.S. cotton yarn and fabric manufacturers targeted at countries in Central America/Caribbean (CBI) and the Andean region. In all cases, U.S. textile and apparel trade legislation, economics and geographical proximity offer attractive opportunities to move U.S. manufactured cotton yarn or fabric into those areas to be further processed into finished apparel. Each of these regions has a preferential trade agreement with the U.S. that favors yarn and fabric of U.S. origin, and CCI works closely with U.S. manufacturers to help them capitalize on potential sales to customers there.
With the financial and program involvement of 17 U.S. textile manufacturing companies, CCI carries out private sourcing fairs; participates in Trade Shows; sponsors a Web site; and directs mail and trade advertising, Internet searchable supplier lists, sourcing summits and a host of other services to maximize contact and sales information to prospective customers in the target regions. CCI works closely with the participating U.S. companies to design and implement the program. Cotton Incorporated is an active supporter and strategic partner in this program.
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