Greek clothing exports recorded a large increase of 57% in March, from 47.7 million euros in 2020 to 75 million euros in 2021.
The March increase reduced the first quarter losses to 12% from 30% in the first two months of the year.
Garment exports in the first quarter amounted to 207 million compared to 236 million in 2020.
The total value of exports of the clothing – textile sector in the first quarter of 2021 amounted to € 492 million, recording an increase of 0.8% compared to 2020 (€ 488 million). Exports of the primary sector, cotton, contributed to this positive development, increasing by 24.8%. The value of cotton exports amounted to € 185 million in 2021 compared to € 148 million in 2020. Textile exports declined slightly by 3% to € 101 million compared to € 104 million in 2020.
In terms of imports for the entire clothing – textile sector, in the first quarter of 2021 these amounted to € 597 million, a drop of 12.3% compared to 2020 (€ 681 million). The largest share of imports concerns clothing (€ 434 million in 2021 compared to € 516 million in 2020).
Finally, in terms of the domestic market, due to the lockdown, both wholesale and retail sales decreased by 17% and 30% respectively.
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