Brazil's Cotton Exports Market Overview
Brazil is the second largest cotton exporter in the world after the United States. For the financial year 2022, Brazil's cotton exports grew by 9%. According to the Brazil import export data reports, cotton exports from Brazil accounted for around 3.9 billion dollars. Compared to last year, Brazil's cotton exports were 3.2 billion dollars. Our Brazil customs data suggests that China, Vietnam, Turkey, Pakistan and Bangladesh are the top destinations for Brazil's cotton exports. On the other hand, Brazil cotton imports were around 126 million dollars during the financial year 2022. Argentina, Egypt, Turkey, the United States and India were the top cotton exporters to Brazil as per Brazil import data reports. Currently, during April 2023, Brazil's cotton exports have shown a slight decrease and exports stood at 114 million dollars. Whereas the imports have increased to 1.4 million dollars during April. During this period, Vietnam was the leading destination for Brazil...