Statistics from Brazilian Ministry of National Development and Textile and Apparel Industry Association presented the textile trade results between Brazil and China.
It indicated that by the end of August 2005, total exports of textile and apparel of Brazil amounted to US$1,323,567,951, up by 5.92 percent compared with the same period of the previous year which was US$1,250,359,144, and imports in the same period reached US$995,334,733, up by 5.73 percent on a year-on-year basis, and hitting US$941,108,815 in the first 8 months in 2004.
Therefore, trade surplus were US$328,233,218 of textile and US$309,250,329 of apparel, up by 6.14 percent.
In January 2005 through August 2005, exports of the above commodities of Brazil to China amounted to US$27,483,728, up by 96.33 percent compared with the same period in 2004, which was US$13,998,725, imports reached US$229,527,713, up by 49.14 percent and amounting to 153,900,756 in the same period in 2004. The increase rate of exports of Brazil was bigger than that of imports in Sino-Brazil textile trade.
Ministry of Commerce formulate development strategies, guidelines and policies of domestic and foreign trade and international economic cooperation, draft laws and regulations governing domestic and foreign trade, economic cooperation and foreign investment, devise implementation rules and regulations.
Ministry of Commerce of the People's Republic of China
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