Home / Knowledge / News / Textiles / Brazilian cotton exports skyrocket
Brazilian cotton exports skyrocket
19
Sep '12
Cotton exports from Brazil, the world’s third largest cotton producing nation, have grown significantly during the current year both in the terms of value as well as volume.
 
So far, Brazil has exported cotton worth US$ 940 million, which is almost double the US$ 410 million worth of cotton exports made during the corresponding period of previous year, the Ministry of Agriculture said.
 
Volume-wise, the country exported 483,000 tons of cotton, which is 146 percent more than 196,000 tons of cotton exported during the same period in 2011.
 
In spite of rise in export volumes, the average export price has fallen by seven percent from US$ 2,000 per ton to US$ 1,900 per ton.
 
Among provinces, Mato Gorsso topped the list with cotton exports worth US$ 445.4 million, followed by Bahia which shipped cotton worth US$ 352.3 million. 
 
According to the analysis of the Secretariat of Agribusiness International Relations, Ministry of Agriculture, Livestock and Supply (MAPA), derived on basis of data from the Ministry of Development, Industry and Foreign Trade (MDIC), Mato Gorsso and Bahia jointly contributed about 81 percent to the country’s overall cotton production.
 
During August 2012, though the export volume soared from August 2011’s 118,000 tons to 120,000 tons, the total export value plummeted from US$ 252 million in August 2011 to US$ 244 million.
 
As per the National Supply Company (Conab), the country’s overall cotton production for the 2011-12 season is likely to come to around 1.8 million tons. 
 
Brazilian cotton has undergone drastic change over the past 10 years, with the entire sowing, cultivation and harvesting system switching from manual to a fully mechanized one, following which, Brazilian cotton today has a 60 percent high productivity level as compared to the US cotton.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 24th Jun 2017

JD enters into strategic partnership with Farfetch

E-commerce giant, JD, China's largest retailer, and Farfetch, the...

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search