Home / Knowledge / News / Textiles / Brazil withdraws 10% duty on cotton imports
Brazil withdraws 10% duty on cotton imports
Sep '10
According to the foreign trade chamber – Camex, Brazil has removed a 10-percent tariff on cotton imports, because of the apprehension in the market, that the present cotton supplies will not be adequate to fulfil its domestic requirements.

This decision will be effective from October 2010 and continue up to May 2011, and will be valid for 250, 000 tons of cotton lint.

Andre Alvim de Paula Rizzo – the Deputy Executive Secretary of Camex, revealed that the yield has recorded considerable fall this year. There is expected to be a shortage of cotton in the market. Therefore the cut on tariffs will continue as long as the supply does not improve.

The Brazilian Cotton Producers Association (Abrapa) reported that, Brazil's total crop yield is estimated at 1.07 million tons for 2009/10, which is lower than 1.19 million tons, recorded during the previous season.

Towards the beginning of the cropping season, the output was anticipated to touch 1.28 million tons, but owing to the dry weather conditions prevailing in the last few months, particularly in Mato Grosso – the major producing state of the country, the output is expected to come down.

Haroldo Cunha – the President of Abrapa, apprehends the scarcity of cotton in the market. He adds that the textile industry is purchasing a lot of cotton and there is inadequate carry-over stock. The annual cotton consumption of Brazil is around 1 million tons.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Eamonn Tighe
Nature Works LLC

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

Johan Berlin
InvestKonsult Sweden AB

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


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