Brazil’s textiles export to Arab region up 87%
Brazilian exports of textiles and clothing to the Arab region surged during the first two months of 2017, increasing by 87.5 per cent compared to its performance during the same period in 2016, according to the Arab Brazilian Chamber of Commerce (ABCC).
Brazilian exports of textiles and clothing to the Arab region surged during the first two months of 2017, increasing by 87.5 per cent compared to its performance during the same period in 2016, according to the Arab Brazilian Chamber of Commerce (ABCC). The huge demand for synthetic fabric and sisal rope used in ships and rigs led the increase in total sales reaching $3 million up from $1.6 million in January and February 2016, said a statement from ABCC.
The Brazilian Textile and Apparel Industry Association (ABIT) reported that sales from rope exports accounted for $1 million, while beachwear, textile yarns and inner garments also rose during the two months, it said. ABITâ€™s survey of exports include various parts in the production chain including raw materials such as fibres, yarns and filaments as well as technical and non-fabric industrial textiles, and clothing, it added. Arab countries continue to be one of Brazilâ€™s largest market for clothing, particularly for segments such as party wears, childrenâ€™s and beach wears.
Based on ABITâ€™s latest data, the UAE has the highest imports of Brazilian textiles and clothing during this period, followed by Algeria, Egypt, Morocco, and Lebanon, said a statement. To boost the Brazilian textile and apparel industry exports, ABIT and the Brazilian Trade and Investment Agency (Apex-Brazil) have launched the Texbrasil programme which serves to benefit affiliated exporters, it said. Statistics showed that companies which have participated in the program expanded their export markets to Arab countries by 40 per cent in 2016, valued at $2.9 million in 2015 to $4.1 million in 2016.
Michel Alaby, secretary general and CEO, ABCC, said: â€œBrazilâ€™s textile exports performance during the first two months of the year signify the steady growth of the countryâ€™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.â€ â€œThe Arab consumer base has a discerning taste for luxury and exclusivity in clothing and apparel and this segment remains promising for the Brazilian export sector,â€ he said. â€œIt 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 in the Arab region,â€ he added.