Home breadcru News breadcru Trade breadcru  | China top buyer of Brazilian cotton with 28.81% share in Jan-Nov 2022

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China top buyer of Brazilian cotton with 28.81% share in Jan-Nov 2022

26 Jan '23
1 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • World's major cotton producer and exporter Brazil exported cotton (HS code 5201) worth $**** billion in the first eleven months of 2022. China was the top buyer of Brazilian cotton with a share of **.*1 per cent amounting to $***.*** million in the same period. Brazil's total cotton exports to the world increased in value but declined in volume in 2022.

The shipment to China increased by **.** per cent from the exports in the corresponding period of last year when they were noted at $***.*** million, according to Fibre2Fashion’s market insight tool TexPro. 

Besides China, Brazil exported cotton worth $***.*** (**.** per cent) to Vietnam, $***.*** (**.** per cent) to Bangladesh, $***.*** (**.** per cent) to Pakistan and $***.*** (**.** per cent) to Turkiye, as per TexPro. 

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