Australia Expects To Become The Third Largest Exporter Of Cotton In The World In 2011/12.

The Australian agriculture and Resources Bureau (ABARES) said in its report on Tuesday that it is expected that Australia In the year ending June 30, 2012 (2011-12), cotton exports increased significantly, making Australia the third largest exporter of cotton in the world.

Australia's agriculture and Resources Bureau said in its quarterly outlook report Tuesday that it expects the 2011-12 year of the country. lint The output of raw materials increased to a record high of 1 million 140 thousand tons, which is mainly driven by the sufficient irrigation source in the cotton growing area of the country, which will be 898000 tons higher than the 2010-11 cotton output in the country and the output of 387000 tons will be reduced in 2009-10 in the dry weather.

Almost all the cotton produced in Australia is used for export, so the increase in cotton production in the country also means that Export volume Will climb.

Australia's agriculture and Resources Bureau said it expects the country's 2011-12 cotton exports to reach 989000 tons, worth 2 billion 260 million Australian dollars, up from 505000 tons and 1 billion 370 million Australian dollars last year.