Peru's Clothing Exports Increased By 20%&Nbsp In 1-2 Months, But The Export Prospects For The Whole Year Were Not Optimistic.

　　 Peru Pedro Gamio Palacio, chairman of the ADEX Clothing Committee, said that in the 1-2 month of this year, the export of secret garments increased by 20%, and has not yet reached the level before the crisis. Because of the complexity of the international economic environment, clothing exports can not be maintained throughout the year.

ADEX trade data show that in the 1-2 months of this year, the export volume of secret clothing was $221 million 500 thousand, an increase of 20% over the same period of 2011 (184 million 500 thousand US dollars), but still more than that. Finance Before the crisis, the same period in 2008 (US $228 million 100 thousand) was less than 3%. President Pedro said, "although the figures are encouraging, we should be cautious because the growth is mainly due to the increase in exports to Venezuela and Brazil, and our exports to major destinations, such as the United States, Germany, Italy and the United Kingdom, are falling." He believes that as the financial and economic crisis will affect the EU countries, coupled with the slow growth of the US economy, the annual export results will not be as encouraging as in February.

In the first two months of this year, there were 67 countries in the clothing export market in Peru. Among them, the United States was the largest market, and its exports to the United States amounted to US $105 million 900 thousand, accounting for 54% of its total export volume, which was 4% lower than last year's (1 million 242 thousand US dollars) period. The second largest market is Venezuela, with exports of $67 million 800 thousand in the first two months of 2008 and 47 million 700 thousand US dollars in 1-2 this year. The Brazil market is growing. In the first two months of 2008, the export of secret to Pakistan was only $745 thousand, compared with 11 million 800 thousand in the 1-2 months of this year, an increase of 1491%. Another rising market is Argentina. In 2008 1-2, Peru exported only 1 million 500 thousand dollars to Argentina's clothing, which has reached 7 million dollars in the same period this year. In the first two months of this year, Peru's exports to the European Union countries such as Germany, -9%, Italy (-37%) and the United Kingdom (-36%) declined significantly. France Exports to Spain were only 60-70% in the same period of 2008.