Brazil's cotton exports to China drop as Pakistan becomes top buyer

China was the top destination for Brazilian cotton in January–April 2024, accounting for a 50.77 per cent share. During that period, Brazil exported cotton worth $979.540 million to China. However, in the first four months of 2025, China’s share dropped sharply to just 11.02 per cent. Despite this, Brazil’s overall cotton exports recorded a modest increase to $1,957.633 million in January–April 2025, compared to $1,929.369 million in the corresponding period of the previous year, according to Fibre2Fashion's market insight tool TexPro.

Brazilian cotton exports to Pakistan surged by 318 per cent to $435.798 million in January–April 2025, up from $104.623 million during the same period last year. Pakistan became the top market, accounting for 22.26 per cent of total exports, compared to 5.42 per cent a year earlier, when it ranked fifth.

During the first four months of 2025, Brazil’s cotton exports stood at $341.749 million to Vietnam (17.46 per cent of total exports), $322.411 million to Bangladesh (16.98 per cent), and $305.849 million to Turkiye (15.62 per cent). In the same period last year, exports were $327.046 million to Vietnam (16.95 per cent), $229.594 million to Bangladesh (11.90 per cent), and $114.306 million to Turkiye (5.92 per cent), as per TexPro.

Brazil’s total cotton exports stood at $5.154 billion in 2024, up 67.71 per cent from $3.073 billion in 2023. Among the top markets in 2024, China accounted for 33.57 per cent, Vietnam 19.60 per cent, Bangladesh 11.85 per cent, Pakistan 10.10 per cent, and Turkiye 8.94 per cent.

ALCHEMPro News Desk (KUL)