Peru'S Clothing Industry Is Facing Serious Challenges.
The Peru Exporters Association (ADEX) said that from January to April this year,
Clothing industry in Peru
The export volume reached US $472 million 700 thousand, an increase of 14% compared with the same period last year. However, this figure has not reached the level before the crisis, so it is necessary to take measures to drag the development of the industry.
ADEX President Juan Varilias pointed out that during this time, Peru's exports to its main export place, the United States, fell by 19% compared to the same period last year, reaching only US $199 million 500 thousand.
Peru
National Costume
"This market is in a turbulent environment and faces the same risks as Europe," he said.
In addition, while other countries such as Venezuela, Brazil and Columbia have increased their purchases of Peru clothing, exporters believe that this growth is only temporary and that this development cannot be sustained because of the instability of the political situation.
Therefore, Varilias believes that the government of Peru should take relevant measures to revive the labor-intensive industry, which is "worrying" in the short term.
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