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Bolivia imports $19.9m textile raw materials in Jan-Aug'13
Nov '13
The south Central American country of Bolivia has imported textile raw materials worth US$ 19.9 million, from nearly 37 countries, during the first eight months of 2013, according to the Bolivian Institute of Foreign Trade (IBCE) statistics.
As per the IBCE statistics, the country has imported the highest amount of raw materials such as knitted or dyed cotton from countries like China, Peru, Brazil, the US and Colombia, during the eight month period, reports La Razon.
Jimena Leon, head of the statistics department at the IBCE, said the biggest supplier of raw materials, including articles for manufacturing clothing, was China, due to its low prices, whereas Peru ranked second in supplying raw materials, owing to its proximity to Bolivia.
According to the IBCE official, the country imported raw materials such as knitted or dyed cotton, synthetic fibers, coated impregnated fibers with laminated plastics and prints, pile fabrics, gauze, mats, other accessories and coated textiles.
As per IBCE statistics, China ranks first with supplying 3.8 million kilos of raw material worth US$ 7 million to the country during the January to August 2013 period, followed by Peru with US$ 4.7 million, Brazil with US$ 4.4 million and the US with US$ 1 million. Other countries from which Bolivia imported textiles and raw materials during the eight month period include Italy, Taiwan, Korea, Malaysia, Hong Kong, Pakistan, India, Israel, Argentina, Indonesia, Mexico, Spain and Paraguay.
Mr. Leon said the data, however, indicated that the tendency to import raw materials from other countries has considerably declined in the country, as Bolivia imported textiles and raw materials worth US$ 20 million, during the same period last year.

Fibre2fashion News Desk - India

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