Home / Knowledge / News / Apparel/Garments / Chinese apparels capture Bolivian market
Chinese apparels capture Bolivian market
07
Jul '12
The South American land-locked country of Bolivia is facing a new reality. Clothes completely manufactured in China or stitched domestically using Chinese fabrics are turning out to be much cheaper than apparels produced in Bolivia using locally available raw materials.
 
Despite availability of raw material and skilled craftsmen, the Bolivian nation of 10 million people is coming to terms with the effects of the policy of globalization.
 
Mechanization is yet to make large inroads in the Bolivian apparel industry, and hence, despite having raw materials, the sectors’ ability to compete is being affected by huge inflow of low-priced garments, mostly from China. 
 
Besides being highly mechanized, China’s clothing sector has enjoys other advantages like availability of labour at lower wages compared to Bolivia and undervaluation of its currency against the US dollar.
 
On the other hand, Bolivian manufacturing is on a very smaller scale, and the country has strict labour laws, which often makes it difficult to retrench workers, which raises production costs.
 
As a result, Bolivia’s textile trade deficit with China is widening. Bolivia imported US$ 8.7 million worth of textiles and garments in 2010, and the figure rose to US$ 17 million in 2011, as per the data with the National Institute of Statistics. 
 
Last year, China overtook the US to become the largest supplier of goods sold in Bolivia, mainly owing to low price of Chinese goods.
 
The decline in demand for Bolivian garments is forcing tailors and seamstresses to relocate to the neighbouring Brazil and Peru.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

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...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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:
July 2017

July 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