MOROCCO: Clothing exports down 5.7% in 2013
Morocco's textile and clothing exports declined 5.7% year-on-year in 2013 to almost MAD28.5bn (US$3.5bn), according to the country's office for economic affairs.
Trade body CEDITH (the Cercle Euro-méditerranéen des Dirigeants Textile-Habillement), described 2013 as "a mediocre year" for Moroccan exports.
Clothing exports slipped 2.7% to MAD19bn, while hosiery slumped 12.2% to MAD7.1bn.
Exports of fabrics such as velvet, lace and embroidery rose by 7.7%, while cotton material and thread was down 13% - but these are marginal activities, CEDITH underlined.
The trade body attributed the below-par results to poor economic conditions in European markets.
Another factor is the absence of strong upstream textile activity in the North African state, which weighs against the development of garment making.
An interactive databank with intelligence on the major apparel sourcing countries
- Can Gap maintain its momentum minus Larsson?
- Private label sourcing faces range of pressures
- What clothing could the TPP X-basket contain?
- The Flanarant: TPP – now the real fight starts
- Patagonia's CSR commitments re-shaping the sector
- Update: Negotiators agree landmark TPP trade deal
- H&M falling behind on Bangladesh factory safety?
- New CEO may focus on Ralph Lauren supply chain
- Nike collaborates on low-impact textile challenge
- Unions agree proposed Cambodia minimum wage
- Wearable technology: The future market potential for smart garments and e-textiles
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, and Contact Details
- Myanmar's Garment Sector in 2015 - now with updated members' directory
- Outdoor performance apparel: peaks, valleys, and green fields
- Global market review of lingerie - forecasts to 2020