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Brazil's cotton exports jump 138% to $3,492 mn in Jan-Sept '24

04 Nov '24
2 min read
Brazil's cotton exports jump 138% to $3,492 mn in Jan-Sept '24
Brazil's cotton exports jump 138% to $3,492 mn in Jan-Sept '24

Insights

  • Brazil's cotton exports rose *** per cent to $**** million in January-September 2024 compared to the same period in 2023.
  • China led imports with *** per cent, followed by Vietnam, Bangladesh, Turkiye, and Pakistan.
  • Export volume reached **** million kg, with an average price of $*.** per kg, consistent with 2023's price level, when exports totalled $**** million.

According to Fibre2Fashion’s market insight tool TexPro, China remained the top buyer with imports of more than ** per cent during the first nine months of the current year. The outbound shipment of cotton from Brazil to China was valued at $*,***.*** million in January-September ****, which is **.** per cent of the total.

The other four countries among the top five markets—Vietnam, Bangladesh, Turkiye and Pakistan—together imported around ** per cent of cotton in terms of value. The export to Vietnam was noted at $***.*** million (**.** per cent), Bangladesh $***.*** million (**.** per cent), Turkiye $***.*** million (**.** per cent) and to Pakistan $***.*** million (*.** per cent).

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