Clothing exports fall 43% in May

The downward trend continued in May, with the apparel industry having a 43% drop in shipments abroad. Since the beginning of the year, companies in the sector have lost more than 300 million euros in exports.

The clothing industry recorded a 43% drop in exports in May. In total, this sector exported only about 152 million euros in May, compared with 271,1 million euros recorded in the same period last year.

The downward trend is in line with the weak volume of exports registered by the National Statistics Institute in the same period that indicates a 39% drop.

According to data from the National Association of Clothing and Apparel Industries (ANIVC), the decline was widespread in the main markets of the Portuguese clothing industry, having been more pronounced in Spain, where it surpassed 66%. There were also losses of more than 40% in the USA, where there was a 47% decrease, in the Netherlands (minus 43,7%), while to the United Kingdom, exports dropped 39%.

In total, in the first five months of the year, the Portuguese clothing industry accumulated a reduction of 22,7% in exports, equivalent to less 303,9 million euros.

"This drop in exports is significant and impossible to recover for the rest of the year", underlines César Araújo, president of ANIVC, in a statement. "This is the third month of an abrupt reduction in orders, the result of the confinement that is still being lived all over the world and that makes the resumption very slow", he adds.
The person in charge of the institution argues that clothing and apparel companies “continue to be severely affected by the drop in consumption” and asks the “Government to maintain support mechanisms, such as the simplified lay-off model, to avoid dismissals and maintain sustainability. of this industry ”.

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