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Greek’s textile sector improves on performance

Data released by Hellenic Fashion Industry Association (APR) reveals the Greek textile and apparel industry performed well during the first half of 2013 in comparison to the same period last year.The textile sub-sector production declined by 10.9 percent year-on-yearfrom January to June 2013, but it was better than the 17.9 percent year-on-year dip registered during thecorresponding period of 2012.  Similarly, garment sector production increased 2.4 percent year-on-year, as against a drop of 16.8 percent year-on-year in 2012.

The textile sub-sector’s turnover fell 2.2 percent year-on-year during the six-month period, while the clothing sector turnover registered a marginal growth of 0.1 percent compared to a dip of 17.8 percent year-on-year in the corresponding period of 2012.

The turnover of enterprises serving the Greek domestic market fell 2.5 percent year-on-year in textiles and 1.7 percent in clothing, APR data revealed.In the domestic market, new orders rose by 0.1 percent year-on-year in textiles during the six-month period, whereas they increased by 2.3 percent year-on-year in garments.

On the export front, textile exports from Greece during January to June 2013 period remained at the same level as in 2012 at €196.2 million.The imports of textiles by Greece decreased by 8.6 percent year-on-year from January to June 2013, while clothing imports dropped 7.4 percent year-on-year.

 
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