Spanish Textile Exports Are Expected To Record This Year

(textile industry)

Although European countries are experiencing economic recession, the export volume of textile enterprises in Spain has been increasing. Spain's textile ministry predicts that due to the internationalization strategy of large garment enterprises and the gradual growth of small and medium-sized enterprises to the international market, the export of textile industry in 2012 is expected to set a new record of more than 12 billion dollars.

At present, the Spanish textile industry has more than 3000 export companies. The Spanish textile Ministry believes that many textile enterprises in Spain will focus on foreign markets in the face of fierce competition in the domestic textile market, and the supply, design and quality of textile enterprises have been effectively improved.

The Spanish textile Ministry believes that the European market is still the core market of Spanish textile exports. In 2011, its textile exports to European countries accounted for about 65% of the total export volume of the industry. At present, Spanish textile enterprises are focusing on emerging markets, including Morocco, Mexico, Turkey, China and Russia. Spain exports 16% of its total exports to these countries. Exports to these countries have increased by 33% over the past 5 years.

The Spanish textile ministry added: "the Spanish domestic market is facing a crisis, coupled with the external European market downturn, which has stimulated textile companies to reach emerging markets. This is reflected not only in direct sales, but also in distribution and external cooperation. "