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Spanish textiles & apparel exports grow in Jan-Oct'12
08
Jan '13
The exports of textiles and apparels from Spain increased by 7.8 percent year-on-year in the first ten months of 2012, according to the figures released by Centro de Información Textil y de la Confección (Centre of Information about Textile and Clothing Industry or CITYC).
 
From January to October 2012, Spain exported textiles and clothing worth 8.698 million euros, as against exports of 8,068 million euros during the corresponding period of 2011.
 
Most of the increase in exports came from knitted apparel exports, which jumped to 6,010 million euros, registering a rise of 11.7 percent over 5,382 million euros worth of exports made in the same period of 2011.
 
However, there was no variance in exports of textiles (which includes fibre, yarn and fabric) compared to previous year and these fetched 2.688 million euros in foreign exchange for Spain.
 
During the same period, Spanish textiles and garment imports fell to 11.469 million euros, down 9.6 percent compared to imports of 12.688 million euros made in the first ten months of 2011.
 
While there was a decline of about 10 percent year-on-year in apparel imports, textiles imports dipped 7 percent year-on-year during January-October 2012.
 

Fibre2fashion News Desk - India

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