PERU - ONE OF THE POTENTIAL MARKETS FOR INDIAN MAN-MADE FIBRE TEXTILES IN THE LATIN AMERICAN REGION
Peru is a growing market for Man-made fibre textiles with around 29 million population. Peruvian textile industry is primarily Cotton based. It has a developed garmenting sector which exports nearly US$ 2 billion of garments annually. Most of these garments are of Cotton and are directed to the North Americas. However, garments of blended fabrics are growing popularity in Peru both locally and for exports. Though Peru is having a flourishing garment industry, currently it is not producing sufficient textile raw materials including fibres, yarns, fabrics, etc.
Market Potential
Peru imported US$ 1.22 billion of textiles products from the world during 2012 in which around US$ 800 million was of Man-made fibre textiles.
Chapter |
PRODUCT DESCRIPTION |
IMPORT DURING 2012 (In US$ thousand) |
Silk |
1,529 |
|
Wool, animal hair, horsehair yarn and fabric thereof |
22,912 |
|
Cotton |
371,586 |
|
Vegetable textile fibres nes, paper yarn, woven fabric |
1,645 |
|
Manmade filaments |
199,180 |
|
Manmade staple fibres |
154,988 |
|
Wadding, felt, nonwovens, yarns, twine, cordage, etc |
111,234 |
|
Carpets and other textile floor coverings |
21,882 |
|
Special woven or tufted fabric, lace, tapestry etc |
23,713 |
|
Impregnated, coated or laminated textile fabric |
87,872 |
|
Knitted or crocheted fabric |
131,420 |
|
Articles of apparel, accessories, knit or crochet |
250,382 |
|
Articles of apparel, accessories, not knit or crochet |
268,415 |
|
Other made textile articles, sets, worn clothing etc |
88,559 |
|
TOTAL |
|
1,735,317 |
Peruvian Tariff Schedule
Tariffs (percent ad valorem) on Textiles and Apparel
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