'Chinese, Brazilian textile sectors complement each other'

09 Nov '13

3 min read

The textile and apparel industries of China and Brazil are complementary to each other, which makes great room for further cooperation and mutual development, Mr. Wang Yu, vice president of China Textile Import & Export Chamber of Commerce, said in his keynote speech at the China-Brazil Textile and Apparel Brand Products Forum held in the Brazilian city of Sao Paulo last month, according to a press release from China’s Ministry of Commerce.

China is Brazil’s first largest importing source of textile & apparel, and Brazil ranks no.19 on the list of China’s exporters. From 2008 to 2012, the bilateral trade volume in textile & apparel industry has increased by 1.3 times. Meanwhile, Brazil is China’s main source of cotton, and China’s cotton import from Brazil has maintained consecutive growth in recent years and increased by 14.1 times in 2008-12. Thus, the industries of both the countries are complementary to each other, which makes great room for further cooperation and mutual development, Mr. Yu said.

Although the volume of Brazil’s export to China is not very large, there is rapid growth. Moreover, with distinctive characteristics, Brazil’s products enjoy great potential in China’s market. China also needs further refinement to Brazil’s export to better satisfy the demand of both Brazil’s industry and market so as to learn from each other and realize win-win cooperation, Mr. Yu added.

Mr. Zhang Yankai, vice president of China Textile Association said China cannot develop without industrial integration and mutual cooperation with international society. Brazil’s apparel industry is relatively mature and has demands for material made in China, which leaves great room for cooperation in trade as well as production.

China has 1.3 billion people consumption market, which could offer many opportunities for China and Brazil to cooperate in clothing design, brand construction and market sales. In China, many entrepreneurs with abilities and conditions are considering building plants overseas and Brazil is one of the important destinations, Mr. Yankai said.

He was hopeful that China’s textile industry would be able to make use of the opportunity to deepen the communication with the textile industry in Brazil, get to know the market demand of South American countries centering on Brazil, clear the air and understanding between the industries, integrate resources and achieve complementary cooperation to benefit the industries in both Brazil and China.

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