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Paraguayan apparel exports grow 36% in Jan-March'14: AICP
06
May '14
Apparel exports from the Latin American country of Paraguay fetched US$ 18.1 million during the first three months of this year, registering a rise of 36 percent, compared to the same period last year, as per the Tailoring Industry Association of Paraguay (AICP).

The country exported clothing worth $18.1 million during the January to March 2014 period, whereas exports of garments worth $13.3 million were made during the same period in 2013, reports Paraguayan newspaper La Nacion.

According to the AICP, the highest exports were made from the outerwear category, followed by fabrics for garments, bathwear and home apparels.

The top ten garment exporting firms during the January to March period came from the manufacturing industries operating in the Free Trade Zones (FTZs) of the country, also known as Maquila, which include textiles and clothing firms, as per AICP data.

The 36 percent surge in Paraguayan garment exports during the first quarter was mainly on account of exceptional performance in January 2014, when Paraguay exported 935,787 units of apparel products worth $5.6 million, recording a rise of 78.55 percent compared to the same month last year. 

Fibre2fashion News Desk - India


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