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When it comes to When it comes to the loss of purchasing power, fashion industry is one of the first to be affected, and this is already reflected in the results of Portuguese exports.

Economic slowdown of the main export destinations heralds an increase in consumption restraint. A very demanding year is coming for national companies in the fashion industry, therefore it is necessary to redouble abroad promotion in order to meet new opportunities.

Textile

Facing losses around 20-30%, fashion industry shows some signs of retraction. During the first four months of the year exports of the Textile and Clothing Industry fell about 2.3% compared to the same period last year.

How’s the main destination markets of the Textile Industry?

  • France: +3,8%
  • Belgium: + 1,5%
  • Spain: – 1,5%
  • Germany: – 4,4%
  • Italy: – 14%
  • United Kingdom: – 10,9%
  • USA: – 7,6%

*Compared to the same period in 2022.

Footwear

Portuguese footwear continues to strengthen its position in the main foreign markets, particularly in non-Community countries, where exports grew about 5% …

How’s the main destination markets of the Footwear Industry?

  • Germany and the Netherlands: in accordance with the previous year
  • Spain: – 5,6%
  • Belgium: – 4,7%
  • USA: – 2,2%
  • France: + 4%
  • Italy: + 21,9%
  • United Kingdom: + 27,3%

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Sources:

Dinheiro Vivo. (2023). Exportações de têxteis estão a cair, o calçado ainda resiste. Consultado a 28 de junho de 2023, em: https://www.dinheirovivo.pt/economia/nacional/exportacoes-de-texteis-estao-a-cair-o-calcado-ainda-resiste-16508003.html

APICCAPS. (2023). Exportações de calçado resistem depois de resultados históricos. Consultado a 28 de junho de 2023, em: https://www.apiccaps.pt/news/exportacoes-de-calcado-resistem-depois-de-resultados-historicos/8816.html?utm_source=sendinblue&utm_campaign=PEmpresarial%20608-23%20%20PRR%20Atraso%20nos%20pagamentos%20%20fator%20crtico&utm_medium=email