Brazilian cotton exports grow

Tereza Cristina, the Minister of Agriculture, attended the plenary session of the World Cotton Day on Monday, October 7, at the World Trade Organization (WTO) headquarters, and stressed the importance of cotton culture for the economy and social development in Brazil.

“The GDP of Brazil’s cotton production chain is about US$74.11bn, considering the sales of apparel products. The chain generates jobs and income for 1.2m workers,” she said.

The minister recalled that Brazil is the world leader in the social and environmental certification of cotton, with over 80% of certified production.

According to Tereza Cristina, in 20 years, national cotton production grew by 226% and, in the 2017/18 harvest, Brazil harvested 2.2m tons of cotton, 11% of the world’s production.

The country is the third largest exporter of cotton, with a share of 10% of world exports, totaling US$15bn last year. “With 20.5% growth projections confirmed over the next decade, Brazil should expand its share to 15% of the export market,” said the minister.

The following chart, based on DataLiner data, shows Brazilian cotton exports from January 2006 to August 2019:

Chart Source: DataLiner/Datamar

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