The authors found that after a decline of 3.9% in 2009, Argentina’s textile output increased by 24% during the first six months of 2010.The study shows that US consumer expenditure on clothing and footwear also rebounded, with a 19.8% rise in the volume of textile and clothing imports during the first seven months of 2010. Exports increased as demand in foreign markets picked up During the first seven months of 2010, textile and clothing exports from Brazil grew by 7.9%, recovering from a drop of 21.8% in 2009. Following a fall of 6.4% in 2009, Brazil’s textile output rose by 12.3% in the first four months of 2010, with clothing production increasing by 12.4%, said Research and Markets. For the first time in seven years Colombian exports fell in 2009, a situation which has been attributed to substantially lower sales to Venezuela, combined with a sharp fall in exports to a number of other markets. The authors have identified personal and political disagreements between the Venezuelan and Colombian leaders as a key reason for the decline in sales.According to the report published by Research and Markets, in the first half of 2010, Mexico increased its share of the US market for imported denim jeans. This represents an improvement compared with 2009, when US importers shifted orders to China and other Asian countries.
Source:AL Ahram Online.