Fibres and Yarns | News & Insights

Brazil trying to raise cotton export to Bangladesh

Published: June 11, 2022
Author: EDITORIAL ASSISTANT

Two Brazilian alternate bodies – Brazilian Cotton Growers Association (ABRAPA) and Brazilian Cotton Exporters Association (ANES) – are exploring the alternate possibilities in Bangladesh, in particular its cotton market, they added. A Brazilian enterprise undertaking is scheduled to go to Bangladesh on June 12-15. Its contributors are scheduled to go to exclusive spinning generators and meet the officers of the Bangladesh Textile Mills Association (BTMA), Bangladesh Garment Manufacturers and Exporters Association, Ministry of Industries, Cotton Development Board, Noman Group, MAS Group, NRG Group, ISRAQ Group, Viyellatex Group, Syed Group and Salma Group. Bangladesh Embassy in Brazil conveyed the difficulty to the Ministry of Commerce and different stakeholders concerned.

China is the world`s biggest cotton importer and the principle vacation spot of Brazilian cotton with 30.2 in keeping with cent export, accompanied with the aid of using Vietnam sixteen.7 in keeping with cent, Turkey 13.2 in keeping with cent, Pakistan 11.2 in keeping with cent, and Bangladesh 10.6 in keeping with cent, in step with Datamar news. Bangladesh yearly spends US$3.5-4.zero billion in uploading round 8.zero million bales of cotton. It imports cotton specially from African countries, India, Australia and the US, even as Brazil joined the uploading u . s . a . listing in current years. Bangladesh yearly produces most effective zero.sixteen million bales of cotton, in step with the BTMA.

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