Home / Knowledge / News / Apparel/Garments / Chinese apparels capture Bolivian market

Chinese apparels capture Bolivian market

07
Jul '12
The South American land-locked country of Bolivia is facing a new reality. Clothes completely manufactured in China or stitched domestically using Chinese fabrics are turning out to be much cheaper than apparels produced in Bolivia using locally available raw materials.
 
Despite availability of raw material and skilled craftsmen, the Bolivian nation of 10 million people is coming to terms with the effects of the policy of globalization.
 
Mechanization is yet to make large inroads in the Bolivian apparel industry, and hence, despite having raw materials, the sectors’ ability to compete is being affected by huge inflow of low-priced garments, mostly from China. 
 
Besides being highly mechanized, China’s clothing sector has enjoys other advantages like availability of labour at lower wages compared to Bolivia and undervaluation of its currency against the US dollar.
 
On the other hand, Bolivian manufacturing is on a very smaller scale, and the country has strict labour laws, which often makes it difficult to retrench workers, which raises production costs.
 
As a result, Bolivia’s textile trade deficit with China is widening. Bolivia imported US$ 8.7 million worth of textiles and garments in 2010, and the figure rose to US$ 17 million in 2011, as per the data with the National Institute of Statistics. 
 
Last year, China overtook the US to become the largest supplier of goods sold in Bolivia, mainly owing to low price of Chinese goods.
 
The decline in demand for Bolivian garments is forcing tailors and seamstresses to relocate to the neighbouring Brazil and Peru.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 25th Feb 2020

US surpasses China as India's biggest trading partner

The United States has surpassed China to become India's top trading...

Pic: Shutterstock

Textiles | On 25th Feb 2020

Coronavirus may shift buyers to Turkey, fuel cotton growth

The coronavirus outbreak will cause a possible shrinking of China's...

Pic: Shutterstock

Apparel/Garments | On 25th Feb 2020

Tough for Vietnamese firms to follow EVFTA rules of origin

Though Vietnamese textile and garment firms are aware of the...

Interviews View All

Priyanka, Studio Priyanka Rajiv

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Subhashini Srinivasan, The S Studio

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Poonam Naik Desai,

Poonam Naik Desai

Peekaboo is a sustainable, high quality, luxury sleepwear brand providing...

Pratik Agarwal,

Pratik Agarwal

Breya is a brand of Indo-Western clothes for women owned by ABP Apparels...

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

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

Leave your Comments


February 2020

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


Advanced Search