Peruvian textile industry will grow by %
According to a report by Peruvian official media “El Peruvian” on the 6th, since May this year, thanks to the increase in the production of ropes, twine, knitted fabrics and other textile materials, the Peruvian textile industry has experienced positive growth, with a year-on-year growth of 15% in August. %, accounting for 5.1% of the manufacturing industry. This growth is particularly reflected in exports. In the first eight months of this year, textile exports totaled US$238 million, accounting for 6% of total manufacturing exports. Cesar Tello, president of the Textile Committee of the Peruvian Exporters Association (ADEX), emphasized that the recent consumption of yarn, chemicals, dyes and other products in the textile industry has been relatively large, forming a long production line. It is foreseeable that the textile industry production this year will exceed 2016 Year. Peruvian textile industry will grow by 3% in 2017
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