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Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
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Rising koruna to affect textile exports
10 Dec '07
2 min read
Most important suppliers are: Germany (20 percent), Italy (19 percent), Czech Republic (12 percent), Austria (8 percent), France (6 percent) and China (6 percent).
Main imported products are cotton yarn, wovens (17 percent), filament (12 percent), wool yarn, wovens (13 percent), technical textiles (7 percent), knits (5 percent).
Investment in textile and clothing sectors has decreased by 3 percent in 2006 compared to 2005.
Koruna is expected to further strengthen this year and affect textile exports. This will further decline employment in the sector.
Main imported products are cotton yarn, wovens (17 percent), filament (12 percent), wool yarn, wovens (13 percent), technical textiles (7 percent), knits (5 percent).
Investment in textile and clothing sectors has decreased by 3 percent in 2006 compared to 2005.
Koruna is expected to further strengthen this year and affect textile exports. This will further decline employment in the sector.
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