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US outperformed Brazil in cotton export during this year so far


Cotton (HS Code 5201) export from the United States has registered impressive growth in value and volume during current year. The shipment during first ten months of 2022 already surpassed the export of year 2021. However, the export from Brazil may not touch the level of previous year 2021. An analysis of latest data shows that the US is outperformed in the trade.

An analysis based on data of Fibre2Fashion’s market insight tool TexPro, cotton export from the US stood at $8.258 billion (3.131 billion kg) during January-October 2022. The country had exported $5.685 billion (2.964 billion kg) during 2021. The shipment was $5.950 billion (3.814 billion kg) in 2020, $6.140 billion (3.560 billion kg) in 2019, $6.550 billion (3.576 billion kg) in 2018 and $5.827 billion (3.252 billion kg) in 2017.

Cotton (HS Code 5201) export from the United States has registered impressive growth in value and volume during current year. The shipment during first ten months of 2022 already surpassed the export of year 2021. However, the export from Brazil may not touch the level of previous year 2021. An analysis of latest data shows that the US is outperformed in the

The shipment from Brazil was $3.342 billion (1.627 billion kg) during January-November 2022. The country exported $3.405 billion (2.016 billion kg) during 2021. The shipment was $3.226 billion (2.125 billion kg) in 2020, $2.640 billion (1.613 billion kg) in 2019, $1.686 billion (0.974 billion kg) in 2018 and $1.357 billion (0.834 billion kg) in 2017.

Quarterly shipment showed seasonal fluctuations as usual. The export from the US was $2.024 billion (0.729 billion kg) in Q3, 2022, $3.200 billion (1.192 billion kg) in Q2, 2022, $2.700 billion (1.087 billion kg) in Q1, 2022, $0.881 billion (0.379 billion kg) in Q4, 2021 and $1.136 billion (0.577 billion kg) in Q3, 2021. Brazil has exported cotton $548.617 million (267.247 million kg) in Q3, 2022, $654.734 million (280.322 million kg) in Q2, 2022, $1,068.058 million (551.641 million kg) in Q1, 2022, $1,126.096 million (640.009 million kg) in Q4, 2021 and $427.726 million (251.959 million kg) in Q3, 2021, as per TexPro.

Fibre2Fashion News Desk (KUL)




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