China has replaced Brazil as Argentina's largest source of
garment imports this year, according to a report issued by
Argentina's Industry Economy Institute on Monday.
Quoting figures released by Argentine Customs, the report said
Chinese clothing products have captured a growing share in
Argentina's import market, rising to this year's 34.1 percent from
11.3 percent in 2005 and 17.5 percent last year.
In comparison, the share of imports of Brazilian garments
dropped to 16.2 percent this year from 27.2 percent in 2005.
The market share of China's clothing products in Argentina has
been growing steadily due to their competitive prices and the
improved quality of the products, according to the report.
(Xinhua News Agency December 26, 2007)
