Brazil’s Textile Industry Making Eyes at Russia

The Brazilian textile industry should close out the year with sales of US$ 22 billion. But only 10% of that will be export revenue. The sector trade association (Abit) has been hard at work for the last four years trying to do something about that.

Abit has held an average 150 events annually – in Brazil and abroad – to promote their goods.


They successfully reversed a trade deficit – it was over US$ 1 billion in 1997 – and expect to have a surplus this year of US$ 600 million.


“The fact is that we can compete in international markets. And that does not just translate into export revenue. It means better quality goods for the domestic consumer, as well,” says Fernando Pimentel, the Abit director.


Pimentel goes on to say that at the moment Abit has its sights set on Russia which is seen as an emerging market with rising purchasing power where consumers are interested in fashion. Right now Abit has a large exposition in Moscow.


This fair is not so much for immediate sales as it is for contacts and future business, says Pimentel. “We need to be focused on what people need and desire,” he explains.


The exposition, Moda Brasil-Russia, was organized by the Export Promotion Agency and will take place this week.


It is expected that some 1,500 potential buyers will visit it in the areas of fabrics, footwear, jewelry and perfumes.


Agência Brasil
Translator: Allen Bennett

Tags:

  • Show Comments (1)

  • Guest

    WE HAVE SEVERAL BOUTIQUES IN NEW YORK AND NEW JERSEY. WE WOULD BE INTERESTED IN CARRYING YOUR LINES. WE CURRENTLY DO BUSINESS IN BRAZIL AND ARE STAYING UNTIL THURSDAY NIGHT. COULD YOU GIVE US CONTACT INFORMATION? YOU CAN REACH US VIA E-MAIL OR AT (11)3311-7738.
    THANK YOU, AND LOOKING FORWARD TO A MUTUALLY BENEFICIAL BUSINESS RELATIONSHIP.
    BEN ELIAS
    LITTLE LOUNGERS, USA
    (718)972-6124
    BEN@LITTLELOUNGERS.COM

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Little Piauí­, in Brazil, Wants to Sell More than Cashew to the Arabs

The northeastern Brazilian state of PiauÀ­ wants to attract Arab capital for the fruit ...

We Are the MST, It’s Our Duty to Keep Fighting for Land and Dignity in Brazil

Regarding the latest reports that have reverberated in the media, the MST (Movimento Sem ...

Royal Road: A Walk Into Brazil’s Infancy

Glenn Cheney spent two months walking alone on the Estrada Real in Minas Gerais, ...

Brazil Has Already US$ 2.1 Billion Surplus for This Month

Exports in Brazil reached US$ 3.011 billion last week and imports amounted to US$ ...

Brazilian Study Shows Hydropower Pollutes 4 Times More than Fossil-Fuel

Hydropower plants have long been a byword for clean energy. But researchers warn that ...

Brazilians Vote in Lula But Call His Administration Second Most Corrupt

Brazilian President Luiz Inácio Lula da Silva administration is the second most corrupt in ...

Brazilian Congress Snubs Report and Acquits Its Former President

By a vote of 256-209, the Brazilian Chamber floor acquitted the ex-president of the ...

From India, Looking into Drummond and Brazil’s Elusiveness

What are the images that come immediately to mind when you hear the word ...

Year-Round Daily Houston-Rio, Brazil, Coming Soon from Continental

US-based Continental Airlines announced this Tuesday, October 28, that it has filed an application ...

Opposition’s Presidential Candidate in Brazil Gets Boost from Poll

The latest public opinion poll shows support for Brazilian President Luiz Inácio Lula da ...