Latvian textile exports reach US$322m in H1

Exports of Latvian light and textile products for the first half of the current year reached LVL175m (US$322m) in value terms, most of which came from the Valmiera fibreglass plant, one of Latvia’s largest textile enterprises, according to Guntis Strazds, president of the Association of Textile and Clothing Industry of Latvia.

He said the textile and light industry, which employs more than 12,000 people, currently supplies 105 countries, with Estonia being the largest market accounting for 20% of exports.

Of the total export volume, exports of women’s and men’s underwear reached more than LVL65m (US$120m), exports of technical textiles LVL61m (US$113m), followed by the professional workwear LVL15m (US$28m), coats and jackets LVL12.6m (US$23m), and socks and stockings LVL10.8m (US$20m).

For the full story, see the November 2012 edition of Textiles Eastern Europe. Not a subscriber? Subscribe HERE