Tuesday, December 9, 2025
spot_img
spot_img
HomeNews & ViewsBusiness FocusTextile Export to EU from Morocco surged in 2020

Textile Export to EU from Morocco surged in 2020

spot_img

moroccoMorocco’s textile exports to Europe have increased by 23% so far in 2021, compared to a year in  which demand was low owing to the global pandemic. Exports in the sector were bolstered by local operators changing output to fulfill domestic demand in terms of masks and protective gear, according to the country’s Industry Minister. The textile industry has also benefited from subsidies under the Industrial Acceleration Plan, which helped create 116,500 employment between 2014 and 2020, according to the minister. Despite the epidemic, Morocco’s textile industry will offer 10,684 additional jobs in 2020.

The minister was giving a speech at a conference put on by his department. He emphasized Morocco’s economic climate’s competitiveness, which aided in attracting investments from worldwide textile producers. Morocco has also invested in textile vocational training, providing qualified human resources that are in great demand by investors in a sector that is becoming increasingly high-tech and low-carbon, according to the minister.

YOU MAY ALSO LIKE
- Advertisement - spot_img
spot_img

Join Our Weekly Newsletter

Upcoming Events

 

Simillar News

Recent Random

Fakir Group Participates in DIU Job Utsob 2025

Fakir Group proudly participated in the DIU Job Utsob 2025 held at Daffodil International University, creating an exciting platform for young talents to connect...

The Bitter Sweet: How Efficient Marketing Influences Productivity on the Shop Floor

By: Himel Mahmud, CMO, Aman Graphics & Designs Ltd In today’s highly competitive apparel and manufacturing industry, efficiency is not confined to the shop floor...

Envoy Textiles Ltd holds its 30th Annual General Meeting

Envoy Textiles Limited held its 30th Annual General Meeting (AGM) on 6 December 2025 at Gulshan Shooting Club, Dhaka, in the presence of its...