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    In 2010, Brazil Thought Clothes Were Still Good.

    2010/5/31 18:14:00 28

    Foreign Brands

    In recent years, Brazil has been regarded as a successful story. While other countries are suffering, Brazil's economy is growing at a steady pace.


    Brazil is the largest country in South America and a country with relatively fast economic development.


    Brazil's economic strength ranks first in Latin America. In 1992, Brazil's GDP stood at US $430 billion 500 million. In 2008, the total amount of GDP was 16650 billion dollars, becoming the tenth largest economic power in the world, and it was only 18 billion dollars against Spain ranked ninth.


    Brazil, with an area of 8 million 500 thousand square kilometers, occupies 46% of the total area of South America. It is next to Russia, Canada, China and the United States, and is the fifth largest country in the world.


    It may be a coincidence that from the population perspective, Brazil ranks fifth in the world. Because of historical reasons, the racial composition of Brazil's population is very complicated. It is called "melting pot".


    Brazil is one of the world's major textile and garment producing countries. It is the world's second largest producer of coarse denim, the third largest producer of knitted fabrics and the fifth largest producer of garments. Brazil textile and garment practitioners have 1 million 500 thousand people, more than 30 thousand enterprises. In 2005, the total output value of textiles and clothing in Brazil was 26 billion US dollars, mainly for the domestic market, with an export volume of only US $2 billion 200 million.


    The cotton processing industry in Brazil is very developed and can meet domestic needs. Its cotton fiber has certain international competitiveness. Brazil produces 1 million tons of cotton yarn annually, and its raw materials are mainly supplied by the country. Brazil also exports cotton fiber, with an annual export volume ranging from 30 thousand tons to 300 thousand tons. Imports are also changing every year. As Brazil cotton yarn has cost advantages (lower than China's price), Brazil's cotton textile industry has high confidence in the competitiveness of its cotton yarn.


    Compared with the developed cotton industry, the chemical fiber industry in Brazil is very weak, and the trade deficit in man-made fibres is increasing. In 2004, the export volume of Brazil's man-made fibres was US $151 million, and imports amounted to US $497 million, especially polyester fiber. The import volume was increasing. Of the polyester fibers consumed in Brazil in 2004, 49% were imported, compared with 1% in 1992. 85% of the imports of polyester fiber come from Asia, China, Taiwan and Indonesia are the main suppliers.


       The output of Brazil coarse denim is very large. According to the statistics of Brazil textile and Garment Association (ABIT), the monthly production of coarse denim is 45 million meters, of which 10 million meters are used for export. Brazil also produces a large number of underwear and swimsuit.

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