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Peru's fabrics exports grew 15 percent

LivinginPeru.com
Isabel Guerra

Peruvian exports of fabrics reached US $73'233,000 dollars between January and May this year.

This represents a 15% increase compared to the same period last year, reported the Peruvian Exporters' Association (Adex).

The most of the exports was dyed cotton knitted fabrics, worth 20 million dollars, and also fabrics containing elastomeric yarn worth 12 million 406,000 dollars.

Other important items are unbleached/bleached cotton knitted fabrics; knitted denim fabrics; labels, badges and similar articles of textile materials, as well as fabrics in pieces and printed fabrics with textured polyester filaments.

The products were exported to 49 countries, particularly to Venezuela, which imported Peruvian fabrics worth US $46 million dollars, a 66 percent rise versus a year ago.

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# Nora says :
9 July, 2009 [ 22:04 ]

I wonder how much China textile industry increased since we are tied to their economy in Peru.This is how it works ;China brings vessels to import the cotton form Peru ,in the same vessel they worked the cotton to make the tread and the material, then... they arrive in China and change vessels with a floating factory to process the material into T-shirts and they arrive in Lima and place the label "made in Peru" to export to USA under the trade agreement because China has a quota and if it goes pass it ..they will have to pay an arm and a leg. So how much could Peru make if we didn't have China to deal with or compete since Peru owns the cotton?

# Ryan T. says :
9 July, 2009 [ 22:26 ]

Is that how it works?  Where do you get your information?  China is not a major importer of Peruvian cotton according to http://www.livinginperu.com/news/9282
also I find the idea of all these floating factories unlikely.... where  does the electricity for the machines come from?  A google of floating textile factories came up with nada.....

I'm saying a lot of the nylon or fiber might come from china but I'd like to see some info about all this ocean crossing just to get around US quotas.  Thanks, I'm truly curious and not trying to be mean or anything. Chau.

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