Brazil Is World’s 6th Textile Producer But 42nd Exporter

The director of the Brazilian Textile and Clothing Industry Association (Abit), Fernando Pimentel, is optimistic about the prospects of the Brazilian textile sector.

In his view, the end of the Textile and Clothing Agreement with trade blocs representing the rich countries, such as occurred in the European Union in December, 2004, opens new opportunities for Brazil to seek markets.

The world textile and clothing market was regulated for four decades by quota systems imposed by the developed countries in an attempt to protect their industries.

The goal of the Abit is to endeavor to get Brazil back up to at least a 1% share of the world textile market, as against 0.5% in 2004.

According to Pimentel, even though Brazil’s textile industry is the world’s sixth largest in size, its position among exporters is 40th or 42nd.

“We want to increase the share of exports in the industry’s overall earnings. Last year this share was around 8.5%,” he informed.

National textile exports hit record levels last year, reaching US$ 2.080 billion, 108% more than the US$ 1 billion exported in 1999 and 26% more than in 2003.

For 2005, Pimentel believes that, provided the GDP grows around 4%, as is forecasted, accompanied by the generation of employment and income, the textile sector is expected to perform well on the domestic market, with growth of 5-6%.

The earnings of the Brazilian textile sector last year totaled US$ 25 billion, with investments of US$ 1.2 billion.

The approximately 115 thousand establishments that sell clothing goods generated 82 thousand formal job positions in the country during the period.

The textile chain, made up of 30 thousand firms, accounted for 1.5 million job positions.

Translation: David Silberstein

Agência Brasil



You May Also Like

Brazil’s Economy Hasn’t Been That Good in Decades, Says Finance Minister

Brazil’s Minister of Finance, Antônio Palocci, says that the country is going through its ...

A Taboo Word at Brazil’s Arab Summit: Democracy

The Summit of South American-Arab Countries held in Brazil was not restricted to economic ...

For Brazil, Failure Is Not Option in WTO Talks

Delegates from the 23 developing countries making up G-20 pledged unity and warned in ...

Brazil’s Creation of New Jobs Tumbles Almost 50%

The creation of registered, on-the-books jobs in Brazil took a nose dive in May. ...

Brazilian Embraer’s Lineage 1000 Jet Gets US’s FAA Certification

Brazilian aircraft maker Embraer has received the Type Certificate (TC) and the Supplemental Type ...

Samsung Tells Brazil Has a Lot of Clean-Up to Do to Draw More Foreign Investment

In the last two years, Brazil has gathered three pillars necessary for a sustained ...

Brazil’s Surplus Reaches US$ 17 billion, 3% Less than in 2005

Last week’s Brazilian trade balance performance (exports and imports) was inferior to that of ...

The Guarani/Tupinikim Indians from Brazil are on a dispute with Aracruz Celulose

Brazil’s Justice Minister Accused of Illegality on Indian Land

One hundred and twenty days after the legal deadline, Brazil's Minister of Justice, Márcio ...

Succession Has Started in Brazil

Lula says he is against reelection. He has positioned himself against this monstrosity stuffed ...

Despite Claims to the Contrary Gays Are Not Endangered in Brazil

The other day a Brazilian friend asked me if I had noticed that, within ...