Juan Córdova, President of the Textiles Committee of the Association of Exporters (Adex), expressed the need to continue working on strategies to promote Peruvian clothing to other destinations, especially the European Union (EU), since the said sector remains open doors. is on Apply new terms to the textile-apparel chain.
“By 2025, a new textile regulation will come into force in the EU, which commits to sustainability linked to sustainability, ie they will require higher quality fabrics so that replacement is less frequent,” he stressed.
Juan Córdova explained that it would no longer be possible to use only synthetic fibers, but that clothing must contain some natural fibers. Likewise, manufacturers would be asked to allocate a percentage of their sales to the purchase of recycled inputs to ensure that possible more stability.
“When this regulation is implemented in Europe, it is most likely that the United States will also implement it, which will translate into a reduction in Asian exports due to possible non-compliance with the certification. This represents a tremendous opportunity for us,” he said.
With respect to overseas shipments of clothing, Adex Manufacturing Management reported that the first month of the year totaled $110 mn 391,000, representing a 30.7% increase compared to the same month in 2022 ($84 mn 481,000), especially Big order from USA.
Although the figures show a good start, Juan Córdova indicated that this is mainly due to higher prices as a result of certain fixed cost increases.
“Due to increase in inflation and some operational and logistics cost, the exporters had to pass on this increase to the final price. Another factor, but to a lesser extent, was over-exporting,” he said.
According to data from the Edex Data Trade Commercial Intelligence System, the United States has positioned itself as the first destination for Peruvian clothing, concentrating 73.6% of the total in January 2023, adding $81 mn 250,000 and representing a growth of 39.5%.
The second place was held by Brazil with 4 mn 568,000 dollars, representing a positive variation of 60.9% and 4.1%. It is followed by Germany ($3 mn 756,000), Canada ($2 mn 750,000) and Chile ($2 mn 450,000). The top ten is completed by France, the United Kingdom, Panama, Venezuela and Argentina.
Among the most demanded products are cotton t-shirts for men or women, single color cotton t-shirts, cotton knitted shirts, knitted t-shirts and t-shirts, synthetic fiber knitted t-shirts, other sweaters cotton , sweaters and cotton were the children Clothes.
The United States remains the leading destination for apparel shipments. Last year it concentrated 67.3% of the total.
