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    Home > Food News > Food Articles > Brazil's cotton exports fell nearly 30% year-on-year in February

    Brazil's cotton exports fell nearly 30% year-on-year in February

    • Last Update: 2022-04-19
    • Source: Internet
    • Author: User
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    Recently, the Mato Grosso State Institute of Agricultural Economics (Imea) released the latest statistics showing that Brazil 's cotton exports in February were 166,000 tons, down 29.
    14% compared with the same period last year
    .
    Among them, Vietnam, Turkey and China are the most important markets, accounting for 20.
    79%, 19.
    75% and 14.
    52% respectively
    .
    The analysis pointed out that the decrease in cotton exports during the harvest period this year was mainly due to the decline in Chinese demand.
    For example, during the current harvest period (August last year to February this year), China imported only 408,000 tons of cotton from Pakistan, a significant decrease of 43.
    16% year-on-year
    .
     
    The data also showed that Mato Grosso's cotton exports in February were 136,640 tons, a year-on-year decrease of 21.
    9%, accounting for nearly 82% of Pakistan's total exports
    .
    In this regard, the agency pointed out, "Although the pace of local agricultural economic development has slowed down this year due to reduced production, logistics issues are more worthy of Brazil's attention, especially in the second half of the year when the volume of port cotton exports surged
    .
    "
    Brazil exports
     
    The data also showed that Mato Grosso's cotton exports in February were 136,640 tons, a year-on-year decrease of 21.
    9%, accounting for nearly 82% of Pakistan's total exports
    .
    In this regard, the agency pointed out, "Although the pace of local agricultural economic development has slowed down this year due to reduced production, logistics issues are more worthy of Brazil's attention, especially in the second half of the year when the volume of port cotton exports surged
    .
    "
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