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Spanish textile exports surge 9.9% in first two months
25
Apr '14
Spanish textile and clothing exports surged by 9.9 percent year-on-year and totaled €2.05 billion, during the first two months of 2014, as per the data released by the Spanish Ministry of Economy and Competitiveness.

According to the Ministry’s monthly report on exports for February 2014, exports from the garment sub-sector amounted to €1.45 billion during the months of January and February, registering a rise of 10.6 percent compared to the same period in 2013.

The textile and clothing exports from Spain accounted for 5.4 percent of the overall exports from the country during the first two months of 2014.

Meanwhile, as per the Ministry’s data, textile and clothing imports from the country totaled €2.73 billion during January and February this year, recording a rise of 11.9 percent compared to the same period in 2013.

Imports in the clothing sub-sector amounted to €2.01 billion during the first two months this year, registering an increase of 11 percent year-on-year.

Textile and apparel imported by Spain accounted for 6.5 percent of the overall imports made by the country during the first two months of 2014.

In 2013, Spain exported textile and clothing worth €12 billion, indicating a rise of 12.4 percent year-on-year, of which exports from the garments sub-sector totaled €8.6 billion, registering a surge of 15.4 percent compared to 2012.

Fibre2fashion News Desk - India

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