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Spanish textile machinery exports rise 17% in 2012
23
Mar '13
Textile and apparel machinery exports from Spain swell by 17 percent year-on-year in 2012, according to figures released by the Spanish Association of Manufacturers of Textile and Garment Machinery (AMEC AMTEX).
 
The increase in machinery exports is due to Spanish companies being able to produce machines suited for all markets. Spanish textile and garment machinery producing companies have diversified to produce machines that consume less energy and increase automation process resulting in a reduction in production time, Amtex said.
 
The EU, including Turkey and Russia, was the main destination for Spanish textile and clothing machinery exports, and accounted for 39 percent of the total exports.
 
Latin America, Asia and US/Canada, accounted for 22 percent, 16 percent and nine percent of Spanish textile and apparel machinery exports in 2012. North Africa and the Middle East bagged six percent share each.
 
In terms of growth, the US/Canada region registered a 56 percent year-on-year growth in Spanish textile and apparel machinery imports. 
 
In Europe, a notable rise was seen in exports to Portugal, France, Italy and Poland. Similarly, exports to Mexico and Morocco stood out in Latin American and North African regions, respectively.
 

Fibre2fashion News Desk - India

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