By Euro Weekly News Media • 11 March 2019 • 14:00
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SPAIN has become one of the world’s largest fashion exporters, according to new figures.
The country outperformed both France and the United Kingdom to take tenth position.
In 2008, Spain was the world’s twelfth largest clothes exporter, growing by 103.5 per cent in the intervening years.
Experts believe the boost is down to the global success of large companies, including Inditex which owns Zara and Mango.
According to the World Trade Organisation (WTO), Spain’s sales reached $14,344.8 million (€12,748.22 million) in 2017, a growth of 11.8 per cent from the previous year.
The country beat the United States, Indonesia, Cambodia and Pakistan in exports, and gained ground on strong fashion markets Turkey and Hong Kong.
In terms of exports of all goods, Spain is the world’s sixteenth largest economy, coming in behind Mexico, Singapore, Canada, Russia and Belgium.
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