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Bolivian textile imports grow 91% in 2008-13: IBCE
15
Feb '14
The imports of textiles and apparel by Bolivia, increased by 91 percent during the six-year period from 2008 to 2013, says the Bulletin No. 292 on ‘Bolivia: Foreign Trade of Textiles and Apparel’ released by the Bolivian Institute of Foreign Trade (IBCE).
 
According to the data, Bolivia exported textiles and garments worth US$ 251 million between 2008 and 2013. During the same period, Bolivia’s textiles and clothing imports totaled $219 million, recording a rapid growth of 91 percent.
 
Textiles and apparel exports from Bolivia were $37 million in 2008, which increased to $46 million in 2009 and to $57 million in 2010, but declined to $41 million in 2011, $39 million in 2012 and $30 million in 2013.
 
On the other hand, Bolivia imported textiles and clothing worth $25 million in 2008, $22 million in 2009, $37 million in 2010, $39 million in 2011, $50 million in 2012, and $48 million in 2013.
 
In 2013, Venezuela was the main destination for Bolivian textiles and garments accounting for 51 percent of all exports made by Bolivia. Chile, Argentina, Paraguay and the United States were other major markets for Bolivian textiles and clothing during the year, with share of 11 percent, 8 percent, 6 percent and 5 percent, respectively.
 
From January to December 2013, China was the main supplier of textiles and garments to Bolivia with a share of 39 percent, followed by Brazil, Peru and Colombia, which contributed 23 percent, 12 percent and 8 percent share, respectively.
 
The Bolivian region of La Paz contributed around 69 percent to the country’s total textiles and apparel exports in 2013, followed by Santa Cruz with 27 percent, according to IBCE.
 

Fibre2fashion News Desk - India

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