Clothing exports worth €2.4B, up 15.8% January-August YoY
"In the first eight months of 2022 as a whole, clothing exports grew by €327 million compared to the same period last year," the National Association of Clothing and Apparel Industries (ANIVEC) said.
Portuguese clothing exports increased 15.8% to nearly €2.4 billion in the cumulative period from January to August this year compared to the same period in 2021, the industry association said on Friday.
“In the first eight months of 2022 as a whole, clothing exports grew by €327 million compared to the same period last year,” the National Association of Clothing and Apparel Industries (ANIVEC) advanced in a statement.
The association explains that “this trend was boosted by both knitted and woven garments”: The former has accumulated a growth of 12.3% since January, while woven garments add up to an increase of 26.3% compared to the same period of 2021.
Among the main destination markets for clothing exports, the association highlights, “due to its size, the case of Spain”, which registered a growth of 1.8% compared to 2021 and accounts for 28% of the clothing exported in the period.
According to ANIVEC, it is “also worth highlighting the French market, for its performance, with a proportion of 17% and a growth of 26.8% compared to 2021”.
Also mentioned are the German and Italian markets, with growths of around 24%.
Quoted in the statement, the president of ANIVEC says that despite the maintenance of “a slight deceleration, overall national clothing exports continue to show a considerable evolution”.
“Despite the worse performance of knitted garment exports destined for the Spanish market, we highlight the exceptional results in numerous reference markets, such as the French, Germanic, Italian, Dutch and North American markets,” highlights César Araújo.
“We continue with a considerable dynamic in exports, both in knitted and woven garments, ensuring double digit growth in most of the main destination markets”, adds the association leader.
