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China'S Apparel Market Expands In Argentina

2011/9/1 8:40:00 38

Clothing Market Share In Argentina

   Argentina According to a report released by the Institute of industrial economics, Argentina's clothing imports continued to grow rapidly in the first 7 months of this year, and the share of Chinese clothing in the Argentina market continued to expand.


According to the report, despite the restrictions imposed by the Argentina government on clothing imports, Argentina's clothing imports still increased by 54.1% over the first 7 months of this year.


Statistics show that due to Brazil currency Real Continue to maintain the trend of appreciation, affecting the clothing exports, while the share of Chinese clothing imports in Argentina has increased steadily. From January to July this year, it was originally produced in China and Brazil. clothing The proportion of imported garments in Argentina was 49.2% and 4.3% respectively, compared with 46% and 10% in the same period in 2008.


The report says that with Argentina consumption Continue to grow, it is expected that Argentina clothing sales this year will maintain 9% to 13% growth rate, restored to the level before the financial crisis in 2008.
 

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