| Increase Rate of Exports Bigger Than That of Imports in Sino-Brazil Textile Trade |
| Wednesday,November 16,2005 Posted: 08:53 BJT(0053 GMT) MOFCOM |
Statistics from Brazilian Ministry of National Development and Textile and Apparel Industry Association indicated that by the end of August 2005, total exports of textile and apparel of Brazil amounted to US$1,323,567,951, up by 5.92% compared with the same period of the previous year which was US$1,250,359,144, and imports in the same period reached US$995,334,733, up by 5.73% on a year-on-year basis, and hitting US$941,108,815 in the first 8 months in 2004. Therefore, trade surplus were US$328,233,218 of textile and US$309,250,329 of apparel, up by 6.14%. In Jan. through August in 2005, exports of the above commodities of Brazil to China amounted to US$27,483,728, up by 96.33% compared with the same period in 2004, which was US$13,998,725, imports reached US$229,527,713, up by 49.14% and amounting to 153,900,756 in the same period in 2004. The increase rate of exports of Brazil was bigger than that of imports in Sino-Brazil textile trade. (Source:The Economic and Commercial Counsellor's Office of Chinese Embassy in Brazil) |
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