Textile & garments industry reports pleasing growth in 2006
07 May '07
3 min read
Steep rise in exports and imports: Sales in the textile sector rose by 2.5 % to CHF 2.15 billion. Exports reached a value of CHF 2.09 billion, again up by 2.5 %. Imports too gained strongly, so that the result reported for 2006 was a good 6.6 % higher at CHF 2.34 billion. The number of employees stood at 11,300 persons, 1.8 % more than in the previous year.
The garments branch achieved a steep 6.9 % increase in sales to reach CHF 1.98 billion. Garment exports were up 7.5 % at CHF 2.10 billion. Imports were also buoyant with 5.3 % growth against the previous year to CHF 5.86 million. Higher productivity in the garments industry brought a fall in the number of employees by 7.7 % to 4800 persons.