Peruvian textile exports fell sharply
According to statistics from the Lima Chamber of Commerce, Peruvian clothing exports fell by 17.47% from 2013 to 2015, with a loss of approximately US$706 million. In 2013, Peruvian clothing exports were US$1.375 billion, a year-on-year decrease of 14.22%. In 2014, it fell 13.75% year-on-year. In 2015, it fell 24.45% year-on-year, with exports falling to US$896 million. The main reasons are the world economic downturn, the decline in Peruvian clothing competitiveness (especially the quality of clothing in India, Bangladesh, Pakistan, Nicaragua, Guatemala and other countries has increased significantly and the price is better than Peruvian products), and the demand in export destination countries has declined (in 20 export countries In the market, 75% of the demand has dropped significantly, including the United States, Venezuela, Brazil, Argentina and other countries). Peruvian textile exports fell sharply
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