Geopolitics

Textile imports fell 20.9%, exports 25.8% in 2019

Argentina imports of textile products in 2019 fell 20.9% in dollars and 10.3% in kilograms compared to the previous year, according to a report by the Pro Tejer Foundation. China concentrated 40.8% of purchases in dollars and 41% in tons, followed by Brazil (18.3% in dollars and 17.6% in tons); India (6.3% in dollars and 12.7% in tons); Indonesia (2.7% in dollars and 4.9% in tons); and Korea (1.4% in dollars and 2.6% in tons). Argentine exports of textile products decreased 40.1% in tons and 25.8% in dollars.

Source: BAE Negocios