Export news and archive

Brazilian government responds to US tariffs with new economic measures

One week after the United States imposed a 50 percent surcharge on products imported from Brazil, the Brazilian government announced the "Brasil Soberano" Provisional Measure. The announcement, made on the morning of Wednesday, August 13, at the Planalto Palace in Brasília, was attended by President Lula, ministers, heads of the Chamber and...

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Global apparel exports: EU displaces China from top spot

For the first time since 2005, China was not the world's leading apparel exporter last year. This is according to a report by the trade magazine “The Spin Off”, which refers to current data from the World Trade Organization (WTO). According to the report, European Union (EU) member states exported apparel worth a total of 166 billion dollars in...

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Global demand for Chinese made fashion soars

Global demand for Chinese-made clothing surged in the first four months of the year, with a total valuation of 44.41 billion dollars exported. The data was shared by the General Administration of Customs of China, which said demand was up 51.7 percent over the same period last year. Exports surged to 44 billion dollars From January to April,...

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U.S. considers new tariffs on European goods, including fashion

European brands could soon see their products increase in price as the U.S. contemplates increasing tariffs on imports from the UK, Spain, Germany and France. The move would net the U.S. 3.1 billion dollars on select imports, which would affect large luxury groups like LVMH but also smaller, independent labels. The tariffs, which could include...

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Clothing brands to see tariffs removed in new TTP trade agreement

As the US and EU continue to battle it out over the Transatlantic Trade Agreement, there is another trade agreement about to take affect which could greatly affect British fashion businesses. The Trans-Pacific Partnership, or TTP, is an agreement between 12 countries, the US, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand,...