The shipment to China increased by 23.84 per cent from the exports in the corresponding period of last year when they were noted at $777.660 million, according to Fibre2Fashion’s market insight tool TexPro.
Besides China, Brazil exported cotton worth $492.038 (14.72 per cent) to Vietnam, $445.619 (13.33 per cent) to Bangladesh, $431.551 (12.91 per cent) to Pakistan and $430.163 (12.87 per cent) to Turkiye, as per TexPro.
Brazil’s cotton exports to the world increased in terms of value but decreased in terms of volume. The shipment was $3.676 billion (1.803 billion kg) in 2022. In the previous years, the exports had amounted to $3.405 billion (2.016 billion kg) in 2021, $3.226 billion (2.125 billion kg) in 2020, $2.640 billion (1.613 billion kg) in 2019 and $1.686 billion (0.974 billion kg) in 2018.
ALCHEMPro News Desk (KUL)
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