São Paulo – The Brazilian Textile and Apparel Industry Association (Abit) disclosed on Tuesday (15) that the sector trade balance rose in February as against the same month last year. The negative balance was US$ 395.7 million, growth of 69.1%.
The figure is the result of exports of US$ 106.7 million and imports of US$ 502.4 million, according to the Abit. Purchases of foreign items rose 50% over February 2010, whereas Brazilian sales rose just 5.8%.
The products imported by Brazil came mostly from China, India, Indonesia, the United States, Argentina, Bangladesh, Taiwan, South Korea, Thailand and Italy. The main markets for Brazilian items in the month were Argentina, the Netherlands, the United States, Venezuela, Colombia, Uruguay, Mexico, Paraguay, Chile and Peru, always according to the Abit.
*Translated by Mark Ament
