Brazil'S Textile Industry Will Continue To Grow Steadily.

According to Brazil media reports, Aguinaldo Diniz Filho, chairman of the Brazil textile and garment industry association, said that although the situation is very difficult, if the government maintains measures to ensure employment and economic growth, the textile and garment industry will continue to grow in 2009.

According to the association's data, the sales volume of Brazil's textile and apparel industry in 2008 was 43 billion US dollars, up 4% from 2007 (41 billion 200 million US dollars).

If the government maintains a policy of promoting economic growth in 2009, the industry is expected to reach the level of growth in 2007 (2. 5% to 3%).

For this reason, Mr. Diniz hopes that BA GDP will grow by 2% - 2.5%, while the US dollar will be stable at 1 US dollar = 2.30 ba.

The US dollar keeps a high position on the Brazilian dollar, which is conducive to the development of the international market of Pakistan textile and garment industry.

In 2008, the trade deficit of Pakistan textile and garment industry was 2 billion US dollars, and its main export markets were Argentina, the United States and Mexico. The main source of imports was China and India.

Editor in charge: Yang Jing