Made in Brazil: Rio Fashion Exports Grow 13%

Fashion Business in Rio, Brazil The fashion industry in the southeastern Brazilian state of Rio de Janeiro consolidated its participation in the international market. From January to November 2007, fashion exports from Rio surpassed US$ 21.7 million and were 12.78% greater than the result recorded in the same period of 2006.

Thus, the state of Rio increased its share in Brazilian exports in the sector, as it answered to 8.78% of total shipments and maintained the third position in the ranking of garment exporter states. In the same period of 2006, fashion from Rio answered to 7.22% of Brazilian exports in the sector.

The figures were supplied by the Fashion Business Forum, promoted by the Federation of Industries of the State of Rio de Janeiro (Firjan), one of the organizers of the events Fashion Rio and Fashion Business, which began this Monday, January 7, at Marina da Glória.

The results of the sector's foreign sales show the reduced influence of exchange rate variations on the fashion sector in Rio de Janeiro. This is the result of actions conducted by the Firjan Fashion Forum, which besides organizing the schedule for the sector in the state, has disseminated the culture of design among Rio de Janeiro-based entrepreneurs since its inception, in the year 2000.

In comparison with 2002, when the first edition of Fashion Rio was held, the state of Rio de Janeiro increased its fashion exports by 79.61%, recording the best performance of all Brazilian exporter states.

During the same period, foreign sales by the state of São Paulo (SE) increased by 53.93%, and exports from the state of Santa Catarina (S), by 18.57%.

Furthermore, prices for fashion items from Rio de Janeiro are on the rise in the international market. This shows that the state has an export profile turned to higher value-added products.

The average price of fashion exports from Rio was US$ 70.65 per kilogram (2.2 pounds) between January and November 2007, whereas the national average stood at US$ 28.12 per kilogram.

CNI

Tags:

You May Also Like

Brazil Air Tragedy: US Pilots Talk. Where Were the Controllers, They Ask

More than two months and a half after Brazil’s deadliest air accident ever and ...

Racial Equality in Brazil: A Goal to Shoot For

As fans around the world marvel at the skills of Brazilian soccer players, they ...

Lula Calls on Africa to Join Brazil to Fight the Rich

The joint effort of Brazil and African countries in the World Trade Organization (WTO), ...

Cotton Cultivation in Brazil Falls 28% and Rice 24%

The eighth national 2005/2006 grain harvest survey, released Thursday, July 6, by Brazil’s National ...

110 Deaths Later Brazil’s Dengue Epidemic Seems to Be Easing

Brazil's dengue epidemic in the state and city of Rio do Janeiro added another ...

Over 100,000 Undocumented Women Get Their Papers in Brazil

In the last two years, over 122,000 Brazilian women obtained documentation for the first ...

Brazil’s Lula Vows to Cut Own Flesh If Needed to Root Out Corruption

Brazilian President Luiz Inácio Lula da Silva sacked the leading officials from the government ...

Courts Often Restrict Press Freedom in Brazil

During a recent public hearing of the Inter-American Commission on Human Rights at the ...

Brazilian Off-Road Maker Tackles Company and Government Agencies Market

Troller, a Brazilian off-road vehicle manufacturer, is betting on a new market niche: company ...

Brazil’s Disputes IMF’s Assessment That It’s Economically Vulnerable

Brazil’s minister of Finance Guido Mantega has rebutted a report by the International Monetary ...