Mozambique: Cotton exports bring in US$18.8 million

9 February 2009

Maputo, Mozambique, 9 Feb – Cotton exports of 12.4 million tonnes of cotton fibres from the 2007/2008 season generated revenues of US$18.8 million for Mozambique, the Mozambican Cotton Institute (IAM) said in Maputo, cited by newspaper Notícias.

In the 2006/2007 season, revenues totalled US$30.2 million, with the export of 26.7 million tonnes of cotton fibres, the institute said.

According to the IAM, although just over half the cotton produced was exported by the end of the year, the destination of those exports remained the same, with Asia importing 92 percent, 55 percent of which by Indonesia, one of the biggest importers of Mozambican cotton.

Thailand and Taiwan imported 8 percent each and India and Japan each imported 7 percent of the total, Mauritius and Singapore had 4 percent each, Portugal 3 percent, South Africa 2 percent and Malawi 1 percent.

In the current season (2008/09), production is expected to total 80,000 tonnes of raw cotton, from an area of 168,000, after what was considered to be a normal agricultural year.

The Conference on Development of Cotton in Mozambique is due to take place in March, with a view to, together with companies, producers and partners, look at the future of the Mozambican cotton sub-sector, and other activities. (macauhub)