Import Data News
- China becomes Argentina's top source of garment imports
Date: 27-Dec-2007 Sources: (Xinhua Online)
BUENOS AIRES, Dec. 24 (Xinhua) -- China has replaced Brazil as Argentina's largest source of garment imports this year, accordingto a report issued by Argentina's Industry Economy Institute on Monday.
Quoting figures released by Argentine Customs, the report said Chinese clothing products have captured a growing share in Argentina's import market, rising to this year's 34.1 percent from11.3 percent in 2005 and 17.5 percent last year.
In comparison, the share of imports of Brazilian garments dropped to 16.2 percent this year from 27.2 percent in 2005.
The market share of China's clothing products in Argentina has been growing steadily due to their competitive prices and the improved quality of the products, according to the report. Enditem
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