Brazilian T&C exports to Arab region soar 87% | Trade News UAE
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Brazilian T&C exports to Arab region soar 87%

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Brazil Textile Factory

Image Courtesy: siemens.com

According to Arab Brazilian Chamber of Commerce (ABCC), Brazilian exports of textiles and clothing to the (Arab) region surged 87.5 per cent during the first two months of 2017 as compared with the same period in 2016. Arab countries continue to be one of Brazil’s largest markets for clothing, particularly for segments such as party wears, children’s and beach wears.

The huge demand for synthetic fabric and sisal rope used in ships and rigs led to the increase in total sales reaching US $ 3 million up from US $ 1.6 million on Y-o-Y basis. As per the Brazilian Textile and Apparel Industry Association (ABIT), the sales from rope exports accounted for US $ 1 million, while beachwear, textile yarns and inner garments also rose during the review period.

To boost the Brazilian textile and garment industry exports, ABIT and Brazilian Trade and Investment Agency (Apex-Brazil) have launched ‘Texbrasil’ programme which aims to benefit affiliated exporters, and the boost in the exports is said to be a result of this programme.

Also ReadPakistan’s apparel export to Japan zooms

Image Courtesy: dailynewsegypt.com

Image Courtesy: dailynewsegypt.com

Based on ABIT’s latest data, the UAE has the highest imports of Brazilian textiles and clothing during this period, followed by Algeria, Egypt, Morocco, and Lebanon.

Michel Alaby, Secretary General and CEO, ABCC, said, “Brazil’s textile exports performance during the first two months of the year signify the steady growth of the country’s market share in the sector as the Arab World continues to look for quality materials, not only in raw materials but also with finished goods.”

It is worth noting that the continued support of industry groups coupled with innovative business strategies, have played an important role for the growth of the Brazilian textile trade with the Arab region.

 

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