Home / Knowledge / News / Textiles / Peru's textile exports drop 16% in Jan-July'13
Peru's textile exports drop 16% in Jan-July'13
04
Sep '13
The exports of textiles and apparel from the South American country of Peru have declined by 16 percent year-on-year during the first seven months of 2013, Minister of Foreign Trade and Tourism Magali Silva Velarde-Alvarez has said.
 
During a presentation to the Commission of Foreign Trade Congress, Ms. Silva said Peru exported textiles worth US$ 1.018 billion during January to July 2013, which is US$ 196 million less than the US$ 1.214 billion worth of exports made during the corresponding period of last year, rpp.com.pe reported.
 
The Minister said the drop in textile and garment exports was mainly due to reduced purchases from Venezuela, which has witnessed political instability this year and it does not allow free conversion of bolivars to dollars.
 
The exports of chemical industry declined by US$ 111 million or 11.6 percent to US$ 849 million during the seven-month period, compared to exports worth US$ 960 million made during the same period of 2012, Ms. Silva said.
 
She, however, expressed hope that the rate of decline in exports would reduce by the end of the year, primarily due to the recovery of the US market, and the expected increased flow of orders from that country.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Marcel Alberts
Eurofibers

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Ritu Kumar
Label Ritu Kumar

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search