1、Cotton&de MinimisUSDA Outlook Forum 2025What is de Minimis?Name implies“too small”to be meaningfulFor imports,this means the value is too small to count or to officially consider Bypasses import accounting procedures,bypasses tariffsCeiling defining de minimis shipments raised from$200 to$800 in 201
2、6Surge in online spending and advances in logistics generated strong growth after COVIDWhat is de Minimis?Name implies“too small”to be meaningfulFor imports,this means the value is too small to count or to officially consider Bypasses import accounting procedures,bypasses tariffsCeiling defining de
3、minimis shipments raised from$200 to$800 in 2016Surge in online spending and advances in logistics generated strong growth after COVIDWhy de Minimis?More direct manufacturer-to-consumer model is similar to the online retail market in ChinaBusiness model built on lower risk and lower costs-Smaller or
4、ders,reduced lead times-Less risk of ordering goods consumers might not want-No tariffs-Less scrutiny at CustomsWhy Concern?Business models emphasis on lower consumer prices can imply heavier use of polyesterWhy de Minimis?More direct manufacturer-to-consumer model is similar to the online retail ma
5、rket in ChinaBusiness model built on lower risk and lower costs-Smaller orders,reduced lead times-Less risk of ordering goods consumers might not want-No tariffs-Less scrutiny at CustomsWhy Concern?Business models emphasis on lower consumer prices can imply heavier use of polyester34%31%7%7%5%16%Kni
6、t TopsBottomsUnderwearWovenShirtsCoatsOtherProduct Share of Cotton in Traditional U.S.ImportsCottons ShareTraditional ImportsCottons ShareShein WebscrapeLoss in Bales If Shein Share Applied toTraditional Imports58%11%-3.3 mil64%12%-3.0 milSources:Cotton Incorporated calculations based on data from C