Jiangsu Customs reports that 2007 cotton imports through the province reached 290,000 tons at a value of over 400 million U.S. dollars, with the average import price being 1,391 U.S. dollars per ton. This import volume was down 16.9 percent from the previous year. 188,000 tons of the imports came through bonded warehouses, which represented 65 percent of all trade. Foreign-owned mills imported 129,000 tons, while private mills imported 126,000 tons.