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Prospects for the Textile and Clothing Industry in Colombia

  • ID: 223216
  • August 2004
  • Region: Colombia
  • 32 pages
  • Textiles Intelligence

In 2003 Colombia’s textile and clothing exports to the USA, the industry’s most important trading partner, were 51% higher than those recorded in the previous year. This increase can single-handedly be attributed to an extension of the Andean Trade Promotion and Drug Eradication Act (ATPDEA) in October 2002, which provided Colombian textile and clothing exports with quota-free and duty-free access to the USA.<BR><BR>This strong performance has pushed the textile and clothing industry into a prominent position in Colombia’s economy. Indeed, in 2003 textiles and clothing represented the country’s fourth largest export earner—ahead of one of Colombia’s most famous exports, coffee. The main contributors to the growth in textile and clothing exports have been Colombia’s low labour costs, its proximity to the US market, and the industry’s verticalised structure—from fibres to finished garments.<BR><BR>However, the industry is now at a crossroads. Clothing manufacturers are not able to make full use of the ATPDEA as they are being held back by a shortage of locally produced fabrics. Government initiatives to encourage new investors are stifled by concerns over ongoing internal civil strife. The industry is heavily dependent on US customers, but is vulnerable to competition from Asian clothing suppliers who will gain access to the US market free of quotarestrictions in 2005. Furthermore, the ATPDEA is due to end in 2006, and a new free trade agreement with the USA has yet to be negotiated.<BR>

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- Summary<BR>- Geographical, political and economic profile<BR>Geographical location<BR>Population<BR>Economic profile<BR>- Infrastructure<BR>- Importance of the textile and clothing industry to the Colombian economy<BR>- Development of the textile and clothing industry in Colombia<BR>- Location, employment, ownership and investment in the textile and clothing industry in Colombia<BR>Location<BR>Employment<BR>Ownership<BR>Investment incentives<BR>Machinery and capital investments<BR>- Structure of the textile and clothing industry in Colombia<BR>Fibres<BR>Textiles<BR>Clothing<BR>Exports<BR>- Main trading partners<BR>Textile exports<BR>Clothing exports<BR>Imports<BR>Colombian imports from the USA<BR>Other leading suppliers of Colombian imports<BR>- Trade agreements<BR>Andean Trade Promotion and Drug Eradication Act<BR>Outlook<BR>Strengths<BR>Weaknesses<BR>Opportunities<BR>Threats<BR>- Support organisations and initiatives<BR><BR>List of tables<BR>Table 1: Colombia: economic indicators, 1999-2002<BR>Table 2: Colombia: population and economic indicators, 2002<BR>Table 3: Colombia: main export sectors, 2000-03<BR>Table 4: Colombia: foreign direct investment in textiles and clothing by source country, 2002<BR>Table 5: Colombia: textile sales by company, 2001<BR>Table 6: Colombia: clothing sales by company, 2001<BR>Table 7: Colombia: textile and clothing exports, 1996-2003<BR>Table 8: Colombia: textile exports by country, 2000-03<BR>Table 9: Colombia: selected textile exports by value, 2000-03<BR>Table 10: Colombia: textile exports by volume, 2000-03<BR>Table 11: Colombia: clothing exports by country, 2000-03<BR>Table 12: Colombia: selected clothing exports by value, 2000-03<BR>Table 13: Colombia: clothing exports by volume, 2000-03<BR>Table 14: Colombia: textile imports by country and region, 1999-2002<BR>Table 15: Colombia: textile and clothing exports to the EU, 1999-2002

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown


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