Home / Knowledge / News / Textiles / Colombian textile exporters scour for new markets
Colombian textile exporters scour for new markets
26
Aug '11
Colombian textile and clothing exports to neighbouring country Venezuela have plunged, along with which it has also failed to strike a trade deal with the United States, till date. This has prompted the country to look for alternative new global markets.

President Juan Manuel Santos' had recently remarked that, Colombia will explore new markets around the globe and will also try to sign a free-trade accord with the US in order to hike its exports.

A spokesman of the recently held Colombiamoda 2011 trade fair, while addressing a textile delegation said that, US politicians had voted in favour of the trade deal, but was held up due to the political climate in that country.

Recently Colombia has struck a free-trade deal with Canada which came in to effect from August 15. It has also struck a deal with Switzerland and deals with other European countries are on the cards.

Meanwhile Colombia is also trying to mend relations with Venezuela, which was its biggest importer of textiles, till strained political relations soured trade between the two countries.

The second biggest market of Latin America – Mexico too is on the radar of exporters. Colombian exports to Mexico reached US $117 million in 2010, up 8.8 percent from its previous year.

Clothing sales accounted for a massive 56.4 percent of that amount and also rose 6.1 percent from 2009. Exporters from the sector say there is a good potential to export denim jeans and innerwear to Mexico.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Lynda Kelly
Suominen Corporation

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

Silke Brand-Kirsch
Schlegel und Partner

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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