top shadow
BODY



































Trade Readers:
I am a STORE BUYER or OWNER
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a CONSUMER
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand












current news

Brazil’s Textile Industry Anticipates Growth


(Filed Under Textiles News). The Brazilian Textile and Apparel Industry Association, or ABIT, announced that the country’s textile industry could grow 5 percent annually, reaching $75 billion by 2016, if the Brazilian government passes laws that would cut production costs and help control the amount of imports from China, the country’s largest competitor.

According to ABIT, Brazil’s textile and apparel industry employs 8 million people and has $50 billion in assets, but is struggling since the country has increased textile and apparel imports from China by 35 percent this year. More than 70 percent of all clothing and fabric imports to Brazil are from China.

Brazil’s textile and apparel industry produces more than $50 billion of clothing and fabric each year, yet most sales are local, with only 5 percent going to export. ABIT has asked the Brazilian government to cut energy and labor taxes 35 percent and 20 percent, respectively, to enable Brazilians to spend more in restructuring initiatives to sell more than international competitors.

ABIT is also working to enter new markets in the Middle East and Asia as well as increase the amount of exports to the U.S. Brazil sells mostly home textiles to the U.S. to the tune of $238 million in 2010, but ABIT is looking to both diversify and increase the exports to the U.S. market.


more Textiles News >>

Published 06-30-2011 by Katherine Rautenberg

Related Articles

Brazil’s Textile Industry Anticipates Growth


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2017 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2018 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow
*