Article: BRAZIL: TEXTILE INDUSTRY POSTS REVENUES OF US$ 43 BILLION.

According to ANBA: The textiles and clothing industry in Brazil posted revenues of US$ 43 billion last year, growth of 4% over 2007. The figures were disclosed yesterday (14) by the Brazilian Textile and Apparel Industry Association (Abit). According to the organisation, there was a record-high trade deficit of US$ 1.4 billion last year. Considering manufactured goods only, not including cotton fibre, then the negative result goes up to approximately US$ 2 billion, as against little over US$ 1 billion in 2007. Brazilian exports of textiles and clothing, not counting cotton fibre, according to the Abit, generated revenues of US$ 1.725 billion in 2008, a decrease of 7% in ...

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