Comparatively, value wise exports to the African continent are very nominal though growth is positive. Exports totaled CHF 28.76 million in January-June 2008 compared to CHF 26.52 million in the corresponding period of 2007 resulting in a growth of 8.41 percent.
The other bloc, Oceania to which Switzerland exported has a very minuscule value. Shipments added up to just CHF 13.94 million in January-June 2008 compared to CHF 12.47 in the same period of 2007 leading to a growth of 11.86 percent.
Switzerland is a technology driven and research based country and it is one of the few countries in the world, which realized early on that it would be impossible to compete globally with cost-competitive Asian countries in conventional textiles.
Investments made in research and technology has helped the Swiss textile industry survive and today is in the forefront and a force to reckon with in the field of technical textiles and non-wovens.
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Fibre2fashion News Desk - India
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