Up 25% YoY, Chinese sewing machines sell well in Latin America

Release time:

2024-07-09 20:29

Latin America is the American region south of the United States, including Central America, the West Indies and South America, including Brazil, Chile, Argentina, Colombia, Mexico, Peru and other countries, with a total population of about 0.65 billion. Latin America has a vast territory and is rich in mineral, water conservancy, agricultural and other resources. Most countries have a single economic structure and an imperfect industrial system. Sewing machinery and other professional equipment basically rely on imports from Asia and Europe. In 2022, the economic recovery of Latin America led to the rapid growth of market demand for sewing machinery products. The Latin American market surpassed Europe and became my country's second largest sewing machinery product sales market after Asia.