Bulgaria: the production and export of clothing and textiles revives

The production and export of clothing and textiles revives. According to the National Statistical Institute and Eurostat, Bulgarian export of clothing and textile marked growth in 2013. Last year export reached 1.8 billion euros – the highest level of Bulgarian exports since 2007. A 7-percent growth in export has been marked in comparison to 2012. Out of those 1.8 billion, export of textiles totaled € 328 million or about 18% of the total exports of the country.

Here is more from the President of the Bulgarian Association of Apparel and Textile Producers, Radina Bankova:
“Export of textiles and clothing is now going through another boom and is close to the strongest years before the crisis. European countries remain our traditional markets. We are glad that a significant recovery of the interest of these countries towards our production has been marked. A great number of major companies have been returning to Bulgaria because of its geographical location, traditionally good relations and technological capabilities of Bulgarian enterprises. Bulgaria’s biggest export market remains Germany, followed by Italy, France, Greece and Spain. Domestic consumption is relatively small. Although in 2013 a 25% rise was marked, it remains below the level of 10 percent of total production.”

To have a consultation by Alessandro Pasut on international economy click here.


Tags: ,

Lascia un Commento

L'indirizzo email non verrà pubblicato. I campi obbligatori sono contrassegnati *


È possibile utilizzare questi tag ed attributi XHTML: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>