Home breadcru News breadcru Import/Exports breadcru Portuguese textile exports rise 11% in first 3 months

Portuguese textile exports rise 11% in first 3 months

14 May '14
2 min read

Textile and clothing exports from Portugal amounted to €1.18 billion during the months January to March, 2014, registering a rise of 11 percent, compared to the same period last year, as per the data released by the Portuguese Association of Textile and Clothing (ATP).

According to ATP data, exports from the garments sub-sector totaled €734.85 million during the first three months of this year, recording a surge 13.2 percent, compared to the same period last year.

The highest exports were made from the knitted clothing and accessories category with exports totaling €495.10 million during the January to March period, followed by other made-up textiles with €140.75 million, synthetic and man-made fibres with €61.62 million, felt textile articles with €57.01 million, and impregnated fabrics with €47.56 million.

Spain was the main destination for textile and clothing exports from Portugal during the first three months with exports totaling €369.02 million, followed by France with €168.58 million, the UK with €101.42 million, Germany with €101.41 million and Italy with €57.02 million.

Meanwhile, as per the ATP data, imports of textiles and clothing by the country during the January to March period amounted to €863.87 million, indicating an increase of 10.6 percent, compared to the same period last year. Imports of clothing sub-sector totaled €434.59 million, recording a rise of 9.1 percent year-on-year.

Spain remained the main supplier of textiles and clothing with €298.21 million worth of imports made by Portugal from the country, followed by Italy with €109.09 million, France with €66.75 million, Germany with €66.14 million and China with €55.28 million.

Fibre2fashion News Desk - India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!