Bangladesh: Cotton and Products Annual

For marketing year (MY) 2023/24, Post forecasts cotton imports at 8.5 million bales. Post reduced its MY 2022/23 cotton import and consumption estimates on high global prices, slowdown of the Bangladeshi economy, and production disruptions due to power shortages. In MY 2021/22, India was the preferred cotton exporter, taking 35 percent of Bangladesh’s import market, with Brazil at 13 percent and the United States at 7 percent.