Home / Knowledge / News / Textiles / Spanish textile & clothing exports rise 8.9% in 2012: CIE
Spanish textile & clothing exports rise 8.9% in 2012: CIE
13
Mar '13
The exports of textiles and apparel from Spain increased by 8.9 percent year-on-year to €10.423 billion in 2012, which is a new record, according to the latest data released by Consejo Intertextil Español (CIE or Spanish Intertextile Council).
 
The CIE figures vary a little from the figures released by the Ministry of Economy and Competitiveness last month, which pegged 2012 Spanish textile and apparel exports at €10.733 billion, up 9.1 percent year-on-year.
 
According to the CIE, Spanish textile and garment imports fell 7.8 percent year-on-year and the trade deficit declined by 39 percent to €3.100 billion last year.
 
The organization attributed the decline in trade deficit to more dynamic export markets coupled with weak demand in Spanish domestic market.
 
Apparel exports constituted more than two-thirds of total Spanish textile and garment exports, and they increased by more than 13 percent year-on-year.
 
France, Portugal, Morocco, Italy, Germany and the UK were the main consumers of Spanish textiles and apparels, accounting for nearly half of the total exports in 2012.
 
Over 65 percent of Spanish textile and apparel exports were destined to various European countries.
 
In 2012, Spanish textile and clothing exports to North America, Russia, Asia and Latin America grew by 24 percent year-on-year, 19 percent y-o-y, 17 percent y-o-y and 15 percent y-o-y, respectively.
 
China, Bangladesh, Italy, Turkey and Morocco together supplied nearly 60 percent of all textile and apparel imports made by Spain last year.
 
CIE is composed of seven textile and apparel associations and is the nodal agency as well as the largest independent representative of the textile industry in Spain. It represents more than 9,000 companies in the field of textiles and clothing that directly employ around 140,000 people, with annual sales of around €11 billion.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Sep 2016

GST Council sets exemption limit at Rs 20 lakh

The GST Council has decided to exempt businesses from the Goods and...

Apparel/Garments | On 24th Sep 2016

DGFT adds new service providers in EPCG scheme

Providing great relief to the job working units in garment clusters...

Apparel/Garments | On 24th Sep 2016

Niti Aayog kicks off Indian ecommerce policy review

A Niti Aayog committee set up for the purpose, held deliberations...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

Vasanth Kumar
Max Fashion India

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marcel Alberts
Eurofibers

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search