BRAZIL TEXTILE TRADE WITH VENEZUELA COULD BE HARMED BY POTENTIAL MERCOSUR SUSPENSION
November 1st, 2016
Brazil’s tumbling textile exports to Venezuela may fall further if the country is suspended from the south American trading bloc, Mercosur next month. (December, 2016)
According to World Bank data, Brazil’s textile and clothing exports to Venezuela peaked in 2011 at USD90.3 million but have been falling steadily ever since. In 2012, Brazil’s textile and clothing exports to Venezuela fell to USD78.74 million and slipped further in 2013 to USD57.58 million. In 2014, Brazilian textile and clothing exports to Venezuela dropped further to USD51 ...
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