Belgium Textile and Apparel sector continues to thrive
Belgium textile and apparel sector has remain successful in expanding exports both in 2005 and early 2006 despite the ever changing economics of textile and apparel production in the European Union against the competitive forces of India and China.
Egytex News Desk
Egytex
But Belgium's cotton yarn and fabric sector has experienced the weakest trade. Exports of cotton fiber, yarn and fabric declined 7.9% in January to 35.2 million euros; a 12.0% decline in 2005. In contrast, imports expanded 7.1% in January to 30.1 million euros.
Man-made staple fiber, yarn and woven fabric exports in January increased 3.2% to 52.0 million euros. Imports in January expanded 9.8% to 34.7 million euros.
While, Belgium's man-made filament yarn and woven fabric exports showed a growth of 11.1% in January to 54.9 million euros. Imports surged 17.8% in January to 62.1 million euros.
Belgium remained to be a net exporter in its textile sector of knit or crocheted fabrics in January; exports expanded 19.1% to 10.6 million euros versus a 13.3% decline in imports to only 8.5 million euros.
Source: yarnsandfibers.com
From the Egytex news archive, first published on 26 April 2006. Figures and names are as reported at the time.
