TheCropSite.com- news, features, articles and disease information for the crop industry

News

Brazil's Cotton Exports Increase 146 Per Cent

Brazil's Cotton Exports Increase 146 Per Cent

17 September 2012

BRAZIL - Cotton exports in 2012 were 483 000 tonnes, representing an increase of 146 per cent over the same period last year (196,000 tons), according to the Brazilian Ministry of Agriculture.

The value also more than doubled, from $410 million in 2011 to $940 million this year. Despite the increase in sales volume, the average decrease was 7 per cent, from $2000 per tonne to $1900.

In August, there was also an increase in export quantity of 118,000 in 2011 to 120,000 tons this year. However, the total value fell from $252 million last year to $244 million this year.

Mato Gorsso exported the most product by state, totaling $445.4 million, followed by Bahia with $352.3 million. Together, the two units of the Federation are responsible for 81% of national production. The information was prepared by the Secretariat of Agribusiness International Relations, Ministry of Agriculture, Livestock and Supply (MAPA), data from the Ministry of Development, Industry and Foreign Trade (MDIC).

Production

The gross value of cotton production is among the best performing products in August at 37.1 per cent, followed by maize at 28.4 per cent, soybeans at 16.4 percent and beans at 9.4 percent, according to data calculated from surveys conducted during harvest.

The production of cotton is expected to total 1.8 million tons in 2011/12, according to the National Supply Company (Conab). With productivity rates 60 per cent higher than the US, Brazilian cotton has changed radically, over the past decade, from manual to becoming a fully mechanized crop at planting, cultivation and harvesting. Currently, Brazil is the third largest exporter of cotton.

* The values correspond to the dollar's trade Tuesday, September 11, 2011, which was R $2.01.

TheCropSite News Desk



Our Sponsors