Italian womenswear exports during last year reached €7.06 billion, indicating a rise of 3.5 percent, compared to 2012, as per the data released by the Sistema Moda Italia (SMI), Italy’s Fashion System as well as association of textile entrepreneurs.
According to the Industry of Italian Fashion Women 2013-2014 report of SMI, Italy exported womenswear, which includes women’s outerwear and knitwear, worth €7.06 billion, compared to the €6.82 billion womenswear exported in 2012.
Meanwhile, the country imported womenswear amounting to €3.65 billion during 2013, indicating a decline of 3.5 percent, compared to 2012.
Country-wise, as per the data available for January to October 2013 released by SMI, of the total €6.3 billion womenswear exports made during the January to October period, majority were destined to France with Italy exporting womenswear worth €758 million to the country during the period, registering an increase of 0.7 percent year-on-year.
Russia ranked second with Italy exporting womenswear amounting to €663 million to the country during the first ten months of 2013, recording a surge of 2.3 percent year-on-year, followed by Germany with €623 million, Switzerland with €445 million, the US with €423 million and the UK with €338 million.
During the January to October 2013 period, the European Union (EU) bought womenswear worth €3.14 billion from Italy, accounting for 49.6 percent of the overall womenswear exports from the country.