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Exports of EU's technical textiles and clothing goods soar

Exporters of the European Union (EU) achieved their best performance for technical textiles and womens wear in 2015. This was revealed by Euratex, the European Apparel and Textile Confederation.

Exports of man-made fibres outside the EU have regained their rate of growth in the last few years and rose 4.5 per cent in value in 2015, Euratex said in a press release.

Though there were some changes in the ranking of the EU’s main customers, the US remained its leading customer. Despite the downward trend in the production volume of thread and yarn in 2015, the volume of exports outside the EU remained unchanged. The value increment noticed (4.8 per cent) stemmed above all from the price of the raw material imports which became more expensive with a weak euro.