Development and Significance of the Textile and Apparel Industry

Between 2019 and 2023, the GDP of the textile and apparel industry declined at an average annual rate of 3.3%, with 2021 being its strongest year (+37.3%). However, from January to September 2024, industrial production in the sector showed a positive growth of +8.2%. This increase was driven by a 10.4% growth in the clothing industry (with higher production of t-shirts, pants, blouses, and pajamas) and a 4.8% increase in the textile industry (due to higher production volumes of cotton yarns, blended yarns, jersey fabrics, rib fabrics, etc.)

Déjanos un comentario


The reCAPTCHA verification period has expired. Please reload the page.