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Spanish textiles sector loses 7,000 jobs in 2013: CITYC
14
Mar '14
The Spanish textile and clothing sector ended last year with a loss of 7,000 jobs and shutdown of 400 companies, as per the data released by the Center of Information of Textile and Apparel (CITYC) of Spain.

According to the CITYC data, despite the increase in exports of textile and clothing from the country during last year, the sector ended the year with a total of 8,471 enterprises, indicating a decline of 4.6 percent compared to 2012.

During 2013, the number of employees working in the clothing and textile sector also declined by 5.5 percent year-on-year to 128,600.

As per the CITYC data, the Spanish textile and clothing sector closed last year with a turnover of €9.36 billion, registering a fall of 3.5 percent compared to 2012.

Meanwhile, Spanish textile and garment production witnessed a positive trend during 2013, with production of textiles increasing by 1.1 percent year-on-year, and production of apparel rising by 3.6 percent, compared to 2012.

In 2013, textile and apparel exports from Spain amounted to €12 billion, indicating a rise of 12.4 percent year-on-year, as per the Spanish Ministry of Economy and Competitiveness data.

According to the Ministry’s data, textile exports from the country totaled 3.4 billion during last year, whereas exports from the garment sub-sector touched €8.6 billion.

Fibre2fashion News Desk - India

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