Home / Knowledge / News / Apparel/Garments / Peruvian apparels set to capture Brazilian market
Peruvian apparels set to capture Brazilian market
21
May '12
Exports of 'Made-in-Peru' garments using high quality cotton to Peru is set to intensify and is projected to grow by 400 percent over the next four years.

'Made-in-Peru' clothing labels are increasingly becoming common on the shelves of large Brazilian supermarkets, including Walmart, Carrefour and Pao de Acucar.

Apparel imports from Peru grew by 57.5 percent in 2011 to US$ 102 million, according to the Brazilian Association of Textile Industry (ABIT). It is expecting the imports to grow to US$ 500 million by 2016.

The demand for Peruvian clothing is at present mainly from exclusive brands such as Brooksfield, Ellus and Richards, which are willing to pay extra for the Peruvian pima cotton, the extra long fibre.

Peru also offers high quality alpaca, in addition to wool and cotton. Moreover, its products have the benefit of entering Brazil without any tariff.

The growing demand from Brazil helped Peru to increase its textile and garment exports by 27 percent during last year.

Currently, Brazil is the fourth largest importer of Peruvian clothing and if the demand continues at the present level, Brazil is likely to soon replace Venezuela as the second largest buyer of Peruvian apparels.

The geographical proximity between Peru and Brazil is also adding to more trade opportunities between the two countries. It also reduces the delivery time of orders compared to imports from China.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X