US outperformed Brazil in cotton export during this year so far

An analysis based on data of Fibre2Fashion’s market insight tool TexPro, cotton export from the US stood at $8.258 billion (3.131 billion kg) during January-October 2022. The country had exported $5.685 billion (2.964 billion kg) during 2021. The shipment was $5.950 billion (3.814 billion kg) in 2020, $6.140 billion (3.560 billion kg) in 2019, $6.550 billion (3.576 billion kg) in 2018 and $5.827 billion (3.252 billion kg) in 2017.

The shipment from Brazil was $3.342 billion (1.627 billion kg) during January-November 2022. The country exported $3.405 billion (2.016 billion kg) during 2021. The shipment was $3.226 billion (2.125 billion kg) in 2020, $2.640 billion (1.613 billion kg) in 2019, $1.686 billion (0.974 billion kg) in 2018 and $1.357 billion (0.834 billion kg) in 2017.

Quarterly shipment showed seasonal fluctuations as usual. The export from the US was $2.024 billion (0.729 billion kg) in Q3, 2022, $3.200 billion (1.192 billion kg) in Q2, 2022, $2.700 billion (1.087 billion kg) in Q1, 2022, $0.881 billion (0.379 billion kg) in Q4, 2021 and $1.136 billion (0.577 billion kg) in Q3, 2021. Brazil has exported cotton $548.617 million (267.247 million kg) in Q3, 2022, $654.734 million (280.322 million kg) in Q2, 2022, $1,068.058 million (551.641 million kg) in Q1, 2022, $1,126.096 million (640.009 million kg) in Q4, 2021 and $427.726 million (251.959 million kg) in Q3, 2021, as per TexPro.

ALCHEMPro News Desk (KUL)