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Promising Numbers: Spain’s Textile Exports Up Over 30%

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Spain’s textile and clothing exports jumped 32.3% year-on-year this April, as the country shipped €997.4 million worth of textiles and apparel to foreign markets. During the same month, Spain  imported €1.118 billion worth of textiles and clothing, marking a year-on-year increase in imports of 20.2%.

The resulting difference between the sector’s exported and imported goods – a total deficit of €120.7 million – shrank 31.6% compared to last April’s deficit, possibly indicating a slowly recovering Spanish textile and clothing sector.

To slightly widen the lens, Spain has seen 13.9% textile export growth, 18.9% apparel export growth, and 6.8% textile and garment import growth, year-on-year, in the first four months of 2013.

The Ministry of Economy and Competitiveness also released data indicating that across all industries, Spain’s total exports grew by 18.6%.

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