The Indonesian textile industry will have the opportunity to attend the “Cotton Brazil Outlook Jakarta”, seminar promoted by the Brazilian Cotton Growers Association (Abrapa) in partnership with the Brazilian Embassy  

In the 2022/23 market year, Indonesia’s textile industry reduced international cotton purchases by more than a third compared to last season. As a result, imports of Brazilian cotton were also impacted, and the share of the Brazilian product went from 28% to 23% of the total imported by Indonesia.  

With this in mind, Brazilian cotton growers and exporters will hold a sectoral event on February 26th aimed at the Indonesian textile industry. The goal is to show the progress made in Brazilian cotton farming and discuss with customers how the Brazilian product can contribute to the local industry.  

With support from the Brazilian Embassy in Jakarta, the Brazilian Cotton Growers Association (Abrapa) will hold the “Cotton Brazil Outlook Jakarta” in the evening of February 26th. The in-person seminar is aimed at entrepreneurs and executives from the Indonesian textile industry. On the agenda is a presentation of innovations in the sector and updated numbers on the 2023/24 crop, the planting of which was recently concluded in Brazil, and there will also be a Q&A session. 

“We will also talk about the prospects for foreign trade of Brazilian cotton and show the quality and sustainability indicators. We are finishing off the 2023 quality assessment and strength, one of the main intrinsic characteristics of cotton fiber, was one of the highlights that progressed well in the last crop”, said the president of Abrapa, Mr. Alexandre Schenkel.  

One of the biggest exporters

Since 2019, Brazil has been the second largest exporter of cotton in the world behind the United States. With a forecast of 2.34 million tonnes of exports in the 2023/24 market year, Brazil is investing in Indonesia as part of its strategic positioning in the global market. After all, this is the fourth most populous country in the world and one of the most developed economies in Asia.  

Another important factor is that the Indonesian textile industry is among the ten most important in the world. According to data from the World Trade Statistical Review 2023, Indonesia’s garment exports generated US$10 billion in 2022 representing 1.7% of the total exported around the world.  

To keep up with the pace of the textile industry, the country became the seventh largest cotton importer in the world with 362 thousand tonnes purchased in the 2022/23 cycle, according to the USDA. This is 35% lower than the 561 thousand tonnes recorded in the previous season (2021/22), showing that the market potential is very large. 

The Brazilians’ schedule in Indonesia also includes a business lunch with importers and entrepreneurs from the textile industry. The initiative is part of the so-called “Seller’s Mission”, a trade exchange event run by Abrapa every year to bring together the growers and importers of Brazilian cotton. Following the event in Indonesia, the delegation will head to Bangladesh.  

The “Seller’s Mission” is one of the promotional activities carried out by Cotton Brazil, a brand that represents the Brazilian cotton production chain on a global scale. Conceived by Abrapa, the Cotton Brazil program is run together with the Brazilian Trade and Investment Promotion Agency (Apex), with the support of the National Association of Cotton Exporters (Anea).