Home / Knowledge / News / Textiles / Armenian textile & garment exports surge
Armenian textile & garment exports surge
Oct '11
Textile and garment exports from Armenia have surged during the initial eight months of the current year.

Rising at a rate of 33.9 percent, exports reached AMD 1.6 billion during the period, Hayk Mirzoyan, Chief of the Industrial Policy Department of the Armenian Economy Ministry said.

He informed that the growth of the country's textile industry has gathered momentum in the past few months. The industry's output increased by 52.7 percent to AMD 4.5 billion during the first eight months of the current year, with garments constituting AMD 3 billion worth of total production.

The sales turnover of the Armenian textile and garment industry too registered a rise of 62 percent during the review period.

The rise in industry's output as well as sales is highly attributable to the Government's policy, he said. He added that the Government altered its customs policy with regards to import of equipments, and planned its tax preferences.

Mr. Mirzoyan revealed that some of the European firms that have penetrated in the Armenian markets are willing to operate in the country on preferential conditions, while employing skilled workers.

He emphasized that most of the times, the Armenian firms utilize customers' raw materials and export majority of their produce. Though, there are some firms that sell around half their produce in the local market.

Germany, Italy, Canada and other European and CIS nations and Russia, in particular are the main export destinations for Armenian textile products, he said.

While talking about the problems impeding the growth of the country's textile industry, Mr. Mirzoyan laid particular emphasis on problems relating to transportation, raw material imports and setting up of textile manufacturing units.

He said that they are working to get these issues resolved. He also informed that while considering some company's proposals, his Ministry has even started deliberating on the modes of establishing a commercial organization in some foreign country, so as to promote and enhance sales of Armenian textile products.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search