Home / Knowledge / News / Textiles / Exports of textile & garments maintain steady growth
Exports of textile & garments maintain steady growth
Jul '08
Apart from being ranked as one of the 15 lowest-cost producer countries in the world, Peru's textile industry has a host of other advantages. High quality of raw material availability, duty-free access to US markets, low cost of production, proximity to North American markets and vertical integration have all gone a long way in strengthening the exports of the country.

The total textile and garment sector of Peru recorded a growth of 19.9 percent in 2007 when compared to 2006. Total exports out of Peru amounted to US $1,718 million in 2007 in contrast to $1,433 million in 2006.

The top ten countries including USA accounted for the lion's share of exports amounting to $1,509 million which is 87.83 percent of all textile and garment shipments.

Exports to USA topped with $ 825 million in 2007 evaluated against $841 million in 2006, a miniscule negative growth rate of 1.9 percent but accounting for nearly 48 percent of all shipments. Venezuela came second with shipment totaling $403 million compared to $178 million in 2006, a stupendous growth of 126.3 percent.

Exports to Colombia, Chile and Italy followed with $52 million, $50 million and $50 million respectively. Growth in exports to Italy reached 44.4 percent over 2006. Ecuador with $35 million, France $27 million, UK $24 million, Spain $23 million and Germany with $21 million made up the rest of the top ten importing countries from Peru.

Exports to countries other than the above totaled $209 million dollars compared to $175 million in 2006 a growth of 18.8 percent.

Apart from USA, two other countries registered negative import growth rates. Ecuador with 0.5 percent and Spain with 4.8 percent.

In keeping with the present scenario, the textile industry of Peru is likely to undergo massive development in due course of time provided the cost of production remains as conducive as during the existing circumstances.

Click here to view data.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Lynda Kelly
Suominen Corporation

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 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

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

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

Yes No

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

Yes No

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

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