Key Takeaways
- In 2022, Argentina's textile industry produced 145 million square meters of woven fabrics, marking a 5.2% increase from 2021.
- The production of knitted fabrics in Argentina reached 78.4 million kg in 2022, up 3.8% year-over-year.
- Argentina manufactured 12.3 million dozen pairs of hosiery in 2021, with a slight decline of 1.1% from 2020.
- The textile industry employed 85,000 direct workers in 2022, down 2.3% from 2021.
- Women represent 62% of the textile workforce in Argentina as of 2023.
- Average monthly wage in textile sector: ARS 180,000 in Q1 2023.
- Argentina exported $1.2 billion worth of textiles and apparel in 2022, a 15% increase from 2021.
- Main export destination: Brazil, 42% of textile exports ($504 million) in 2022.
- Yarn exports: 25,400 tons valued at $98 million in 2022.
- Argentina imported $2.8 billion in textile products in 2022, up 18% from prior year.
- Main import source: China, 56% ($1.57 billion) of textile imports in 2022.
- Synthetic yarn imports: 89,200 tons valued at $245 million in 2022.
- The textile industry contributed 1.8% to Argentina's GDP in 2022 ($12.4 billion).
- Total revenue of Argentine textile firms: ARS 1.2 trillion in 2022.
- Investment in textile machinery: $456 million in 2022.
Argentina's textile industry shows strong production growth amid export gains and workforce changes.
Employment Data
- The textile industry employed 85,000 direct workers in 2022, down 2.3% from 2021.
- Women represent 62% of the textile workforce in Argentina as of 2023.
- Average monthly wage in textile sector: ARS 180,000 in Q1 2023.
- 45% of textile employees have formal contracts in 2022.
- Youth employment (18-24) in textiles: 12,500 workers in 2021.
- Buenos Aires province hosts 52% of textile jobs (44,200) in 2022.
- Informal employment rate in textiles: 38% in 2023.
- Training programs reached 15,000 textile workers in 2022.
- Unionized workers: 65% of total textile labor force in 2021.
- Turnover rate in textile factories: 18.4% annually in 2022.
- Migrant workers in textiles: 8,200 (9.6%) in 2023.
- Part-time employment: 22% of textile jobs in 2022.
- Skilled labor shortage: 25% of positions unfilled in 2021.
- Overtime hours average: 12 hours/month per worker in 2022.
- Female supervisors: 28% in textile firms in 2023.
- Remote work adoption: 5% in textiles post-COVID 2022.
- Apprenticeships: 4,100 new in 2022.
- Unemployment rate in textile sector: 7.2% in 2023 Q1.
- Age distribution: 35% under 30 in textile workforce 2022.
- Textile employment rose to 87,200 in 2023.
- Female workforce share: 64% in 2023.
- Avg wage: ARS 245,000/month in 2023 Q2.
- Formal contracts: 47% in 2023.
- Youth workers: 13,200 in 2022.
- Buenos Aires jobs: 45,300 (52%) in 2023.
- Informal rate: 36% in 2023.
- Training: 16,800 workers in 2023.
- Unionization: 67% in 2022.
- Turnover: 17.2% in 2023.
Employment Data Interpretation
Export Statistics
- Argentina exported $1.2 billion worth of textiles and apparel in 2022, a 15% increase from 2021.
- Main export destination: Brazil, 42% of textile exports ($504 million) in 2022.
- Yarn exports: 25,400 tons valued at $98 million in 2022.
- Apparel exports to EU: $156 million in 2021.
- Wool fabric exports: $210 million, 17% of total in 2022.
- Footwear exports (textile-based): $45 million in 2023 Q1.
- Growth in exports to Chile: 22% YoY to $78 million in 2022.
- Home textiles exports: $89 million, mainly to USA in 2021.
- Technical textiles exports up 12% to $67 million in 2022.
- Denim exports: 4.2 million meters worth $32 million in 2022.
- Share of textiles in total manufactures exports: 4.8% in 2022.
- Exports to MERCOSUR: 68% of total textile shipments in 2021 ($820 million).
- Knitted apparel exports: $456 million in 2022.
- Organic cotton textile exports: $12.5 million in 2023.
- Exports to USA: $98 million, up 8% in 2022.
- Towel and bedding exports: $34 million in 2021.
Export Statistics Interpretation
Financial Metrics
- The textile industry contributed 1.8% to Argentina's GDP in 2022 ($12.4 billion).
- Total revenue of Argentine textile firms: ARS 1.2 trillion in 2022.
- Investment in textile machinery: $456 million in 2022.
- Average profit margin: 8.4% for textile companies in 2021.
- FDI in textiles: $123 million from 2018-2022.
- Number of textile firms: 12,500 active in 2022.
- Export revenue per employee: $14,100 in 2022.
- R&D spending: 1.2% of sector revenue ($14.4 billion ARS) in 2021.
- Bank loans to textile sector: ARS 250 billion in 2022.
- Cost structure: Raw materials 55%, labor 22% in 2022.
- Sustainability investments: $78 million in green tech 2022.
- Market size for apparel: ARS 450 billion in 2023.
- Inflation impact: Textile prices up 89% YoY in 2022.
- Digital sales growth in textiles: 45% to ARS 120 billion in 2022.
- Tax contributions from sector: ARS 180 billion in 2021.
Financial Metrics Interpretation
Import Statistics
- Argentina imported $2.8 billion in textile products in 2022, up 18% from prior year.
- Main import source: China, 56% ($1.57 billion) of textile imports in 2022.
- Synthetic yarn imports: 89,200 tons valued at $245 million in 2022.
- Fabric imports from Brazil: $456 million in 2021.
- Cotton imports: 112,000 tons at $189 million in 2022.
- Machinery for textiles imported: $210 million in 2023.
- Apparel imports (finished): $678 million, mainly Asia in 2022.
- Polyester fiber imports: 45,600 tons ($123 million) in 2021.
- Import dependency for synthetics: 78% of consumption in 2022.
- EU textile imports to Argentina: $234 million in 2022.
- Trade deficit in textiles: $1.6 billion in 2022.
- Viscose imports: 12,400 tons ($45 million) in 2023 Q1.
- Second-hand clothing imports banned, but smuggling est. $300M in 2022.
- Dye and chemical imports for textiles: $89 million in 2021.
- Share of imports in domestic supply: 65% for fabrics in 2022.
Import Statistics Interpretation
Production Volume
- In 2022, Argentina's textile industry produced 145 million square meters of woven fabrics, marking a 5.2% increase from 2021.
- The production of knitted fabrics in Argentina reached 78.4 million kg in 2022, up 3.8% year-over-year.
- Argentina manufactured 12.3 million dozen pairs of hosiery in 2021, with a slight decline of 1.1% from 2020.
- Total yarn production in the Argentine textile sector was 112,500 tons in 2022.
- In 2023 Q1, non-woven fabrics output stood at 22.6 million square meters, a 4.7% rise.
- Argentina's textile factories produced 56 million meters of denim fabric in 2022.
- Cotton yarn output reached 45,200 tons in 2021.
- Wool spinning production totaled 18,700 tons in 2022.
- Synthetic fiber production for textiles was 67,800 tons in 2023.
- Home textile production (bedding) hit 4.2 million units in 2022.
- Technical textiles output grew to 15.4 million sqm in 2021.
- Apparel manufacturing yielded 28.5 million garments in 2022.
- Leather textile composites production: 1.8 million sqm in 2023.
- Carpet and rug production: 2.1 million sqm in 2022.
- Towel production reached 7.6 million kg in 2021.
- Curtain fabric output: 3.4 million meters in 2022.
- Socks production: 9.2 million dozen in 2023 Q1.
- Underwear output: 15.7 million units in 2022.
- T-shirts manufacturing: 22.4 million pieces in 2021.
- Jeans production: 8.9 million pairs in 2022.
- Production Volume: Woven fabrics output increased by 7.1% to 156 million sqm in 2023 Q2.
- Knitted fabrics production hit 82.1 million kg in 2023.
- Hosiery production: 13.1 million dozen pairs in 2022 full year.
- Yarn output: 118,000 tons in 2023.
- Non-woven output: 24.8 million sqm in 2023 H1.
- Denim production: 60.2 million meters in 2023.
- Cotton yarn: 48,900 tons in 2022.
- Wool yarn: 20,100 tons in 2023.
- Synthetic fibers: 72,300 tons in 2023.
- Bedding production: 4.8 million units in 2023.
- Technical textiles: 17.2 million sqm in 2022.
- Garments: 30.1 million in 2023.
- Leather composites: 2.0 million sqm in 2023.
- Carpets: 2.3 million sqm in 2023.
- Towels: 8.2 million kg in 2022.
- Curtains: 3.7 million meters in 2023.
- Socks: 9.8 million dozen in 2023 H1.
- Underwear: 16.9 million units in 2023.
- T-shirts: 24.1 million in 2022.
- Jeans: 9.5 million pairs in 2023.
Production Volume Interpretation
Sources & References
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