Portuguese imports from practically every country in Europe
in the knitwear sector keep on climbing, but chiefly from
Spain. It has a market share that, in upcoming years, should
continue to grow (within the framework of the Iberian Peninsula
markets integration). The increase in imports coming
from countries such as France, Italy and Germany is therefore
surprising. Among those countries supplying knitwear to Portugal,
there is not one single country employing "cheap labor".
Of the 10 major customers for Portuguese exports in the
knitwear sector, all are European countries. Knitwear exports
account for some 50% of the total exports of textile and
clothing products, highlighting the leading role the subsector
plays in the Portuguese textile and clothing industry. Spain
has yet to become a major market (it is still outstripped
by markets such as Germany, France and the UK), but it constitutes
the one appearing to make the most notable headway.