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    Brazil Textile Industry Shows Us $47 Million Trade Deficit

    2009/2/20 0:00:00 26

      

    Brazil textile and clothing

    Production showed us $47 million 200 thousand in the first 9 months of 2009.

    trade deficit

    The total value of imports of textile products is US $66 million 900 thousand and exports US $19 million 800 thousand.

    Although the exchange rate is favorable, it did not show reduction in imports and export growth in January.

    For example, China is the main city of Brazil.

    Import market

    China, the first 9 months of this year

    Brazil export textile

    Products and clothing increased by 48.6% over the same period in 2008.

    According to the relevant data,

    Import growth

    The reason is the contract signed in the first six months.

    Therefore, the procurement completed before the crisis is shipped in November and cleared in January.

    The industry believes that this growth momentum will decline in the next few months.

    The United States and Argentina are

    Brazil textile

    The two main markets for product exports are protectionism in the US and Argentina because of the recession.

    After the crisis, China adopted

    Price reduction strategy

    To maintain export scale.

    Insiders pointed out that imports will be reduced, and other countries are adopting trade protectionist measures, which will make foreign products more difficult to enter their country, and trade protectionism measures are not conducive to China's exports.

    In January, the export value of textiles and clothing in Brazil decreased by 49.03% compared with the same period last year, and the number of textiles and clothing decreased by 49.01%.

    The main products are textile fiber (- 54.28%), yarn (-42.46%), filament (- 59.40%), fabric (- 60.97%), line (- 66.04%) and clothing (- 46.64%).

    In terms of imports, import value decreased by 11.36% and import volume decreased by 29.76% compared with January 2008.

    But imports of some products have increased.

    clothing

    (+ 50.41%), sheets, tablecloths and bath towels (+ 16.08%).

     

    Editor: vivi

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