Brazilian trade bodies - Brazilian Cotton Growers Association (ABRAPA) and Brazilian Cotton Exporters Association (ANES) - are expanding the nation’s global market for cotton by increasing exports to Bangladesh.
A Brazilian business mission will visit Bangladesh on June 12-15, 2022. Its members will meet the officials 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.
According to BTMA, Bangladesh annually produces only 0.16 million bales of cotton. It imports 8 million bales of cotton annually from African countries for $3.5-4.0 billion, India, Australia and the US, while Brazil joined the importing country list in recent years.
