Core Viewpoint - Brazil is set to lead global cotton trade from 2024 and further solidify its position as a major cotton supplier in 2025, with an expected export volume of 3.03 million tons, marking a historical high and a 9% increase from 2024 [1] Group 1: Export Performance - Brazil's cotton exports have shown significant achievements despite adverse macroeconomic conditions, with a continuous expansion of global market share [1] - The export value has decreased by 3.9% year-on-year to $4.9 billion due to declining international cotton prices [1] - Cotton futures prices on the New York Mercantile Exchange have dropped by 8% cumulatively in 2025 [1] Group 2: Export Destinations - China remains the largest importer of Brazilian cotton, with an export volume of 512,400 tons [1] - Other significant importers include Bangladesh with 497,600 tons and Pakistan with 487,700 tons [1] Group 3: Future Projections - According to the latest forecasts from the U.S. Department of Agriculture, Brazilian cotton exports are expected to reach a new high of 3.16 million tons in 2026 [1]

Core Insights - Brazil is projected to export 3.03 million tons of cotton in 2025, marking a 9% increase and surpassing the United States as the world's leading cotton exporter [1] - China is the largest buyer of Brazilian cotton, importing 512,000 tons, followed by Bangladesh and Pakistan [1] - The president of the Brazilian Cotton Export Association (ANEA), Dawid Wajs, anticipates that cotton production and exports will remain strong in 2026, with expected exports reaching 3.16 million tons [1] Summary by Category Export Projections - Brazil's cotton export volume is expected to reach 3.03 million tons in 2025, a 9% increase from previous figures [1] - In 2026, exports are projected to further increase to 3.16 million tons, maintaining Brazil's position as the top global exporter [1] Major Buyers - China is identified as the largest importer of Brazilian cotton, with an import volume of 512,000 tons [1] - Bangladesh and Pakistan follow as the second and third largest importers, respectively [1] Industry Leadership - Brazil is set to continue leading the global cotton export market, having surpassed the United States in 2024 [1] - The positive outlook for production and export in the coming years is supported by statements from industry leaders [1]