Home / Knowledge / News / Textiles / Portugal's textile exports rise 3.5% in Jan-Nov'13
Portugal's textile exports rise 3.5% in Jan-Nov'13
16
Jan '14
The exports of textiles and apparel from Portugal increased by 3.5 percent year-on-year to €3.935 billion during the first eleven months of 2013, the Textile and Clothing Association of Portugal (ATP) said citing the international trade data released by the National Statistics Institute (INE).
 
Portuguese textile and clothing industry’s sales outside Europe increased by 10 percent year-on-year, especially to Tunisia (36 percent), the United States (16 percent), Angola (12 percent) China (11 percent) and Switzerland (over 10 percent), ATP said.
 
This was because of the effort made in diversifying target markets, especially in non-EU markets, Paulo Vaz, director general of ATP said in a statement.
 
Portuguese textile and garment exports to traditional markets like Sweden, the UK and the Netherlands also registered a growth of 13 percent, 12 percent and 7 percent, respectively.
 
Despite the crisis, Portugal’s textile and apparel exports to neighbouring Spain rose by 0.7 percent year-on-year.
 
Segment-wise, the exports of made-up articles, including home textiles, increased at 10 percent year-on-year, while knitwear exports grew by 7 percent y-o-y, during January-November 2013 period.
 
Knitted fabric exports from Portugal rose by 12 percent y-o-y, while exports of synthetic or artificial fibres increased by 7 percent y-o-y in value.
 
During the 11-month period, Portugal’s textile and apparel imports also increased. While the EU countries remained the major suppliers, imports from Indonesia, Pakistan, Bangladesh and India surged by 86 percent y-o-y, 46 percent, 38 percent and 33 percent respectively.
 
However, the trade balance of Portugal’s textile and clothing industry registered a surplus of €957 million in the initial 11 months of 2013.
 
In 2012, Portugal exported textiles and garments worth €4.2 billion. The Portuguese textile and apparel sector accounts for about 155,000 direct jobs.
 

Fibre2fashion News Desk - India


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Kerem Durdag
Biovation II LLC

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Jay Ramrakhiani
Occasions Elegance Wear

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

January 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search