1057 Sofia
36 Dragan Tsankov Blvd.
World Trade Center INTERPRED, 3rd floor, office 304
Bulgaria
Tel: +359 2 969 31 61, 969 31 66
Fax: +359 2 969 31 81
E-mail:association@bgtextiles.org
Web: www.bgtextiles.org
Profile: Industry Background
The apparel and textile industry represent nearly 25% of Bulgaria’s foreign exports.
The value of these exports exceeded 1.8 billion Euros in 2004.
There are over 2,000 companies that specialize in the production of apparel in Bulgaria.
Bulgaria boasts a tradition of high quality, reliability and competitive prices.
Presently, Bulgaria is Europe’s most resilient market for the production of apparel. For the first six months of 2005, when compared to the same period one year earlier, only China and India posted higher rates of growth in the value of apparel exports (measured in Euros), ranking Bulgaria 3rd in the world and first in Europe. During this same period, production of clothing from the EU-25 was down 9.3% from the same period just one year earlier. These trends demonstrate that Bulgaria is the least affected market in Europe by the abolishment of import quotas from Asian markets, which took effect at the start of 2005.
36 Dragan Tsankov Blvd.
World Trade Center INTERPRED, 3rd floor, office 304
Bulgaria
Tel: +359 2 969 31 61, 969 31 66
Fax: +359 2 969 31 81
E-mail:association@bgtextiles.org
Web: www.bgtextiles.org
Profile: Industry Background
The apparel and textile industry represent nearly 25% of Bulgaria’s foreign exports.
The value of these exports exceeded 1.8 billion Euros in 2004.
There are over 2,000 companies that specialize in the production of apparel in Bulgaria.
Bulgaria boasts a tradition of high quality, reliability and competitive prices.
Presently, Bulgaria is Europe’s most resilient market for the production of apparel. For the first six months of 2005, when compared to the same period one year earlier, only China and India posted higher rates of growth in the value of apparel exports (measured in Euros), ranking Bulgaria 3rd in the world and first in Europe. During this same period, production of clothing from the EU-25 was down 9.3% from the same period just one year earlier. These trends demonstrate that Bulgaria is the least affected market in Europe by the abolishment of import quotas from Asian markets, which took effect at the start of 2005.
