Brazil's cotton exports surge to 189 mn kg in Sept 2022

The monthly shipment in terms of value increased two-fold during September over the shipment in August. In terms of volume, the exports witnessed a 190 per cent rise over the previous month. The shipment during August increased about two times in terms of volume and value over July 2022. Brazil had exported 23.715 million kg fibre worth $53.391 million in July, according to Fibre2Fashion’s market insight tool TexPro. 

Brazil’s fibre exports stood at $168.117 million (69.404 million kg) in June, $197.566 million (87.648 million kg) in May and $315.845 million (142.666 million kg) in April 2022. Brazil exported fibre worth $2.329 billion (1,139.887 million kg) in the first nine months of this year. Its total fibre exports stood at $3.489 billion (2,078.208 million kg) in 2021, $3.314 billion (2,190.566 million kg) in 2020 and $2.733 billion (1,664.626 million kg) in 2019. 

Brazil is the fourth largest cotton producer country in the world. 

ALCHEMPro News Desk (KUL)