'Made in Italy' textiles appear under threat
26/03/2008
The association records that Italian exports to countries in the southern Mediterranean rose 13.3% in the first quarter of 2007. Furthermore, exports to the area grew 57% between 2001 and 2006 from €35 billion to more than $55 billion.
Despite this, sectors that traditionally fit into the 'Made in Italy' category – such as textiles, clothing and furniture – have shown signs of decline. Exports for these industries have been weak and international outsourcing has increased rapidly as producers seek to reduce costs.