Netherlands to explore textile business prospects in Albania l Trade News Netherlands
Home » News » Trade News » Netherlands To Explore Textile Business Prospects In Albania

Netherlands to explore textile business prospects in Albania


READ MORE ON ExpansionGrowth StrategiesTrade News NetherlandsTrade Relations

Dutch Ambassador

Image Courtesy:

The Netherlands is looking to explore new textile business opportunities in Albania that would boost ties between the two countries. A delegation from Netherlands recently visited Albania to find market space and opportunities to cooperate with Albanian companies, who are active across all garment value chain.

The visit came two years after Dutch experts of CSR Netherlands, the Centre of Excellence for Dutch companies striving towards corporate social responsibility, identified the fashion sector as one of Albania’s most promising business sectors.

Also ReadChina’s Kingdom Holdings Limited seeks trading partner in Vietnam

Dutch Ambassador to Albania, Dewi van de Weerd, commented, “I strongly believe that both countries have something to offer to each other in the fashion sector. Albanian companies can offer their competitive production costs, short lead times and eagerness to open up to the world and move up the value chain ladder towards full cycle production. Whereas, Dutch companies offer a dynamic and innovative market, an experienced entrepreneurship attitude and commonly reliable partnership when it comes to orders’ payments.”

It’s pertinent to mention here that Albania’s garment and footwear sector, producing the country’s top exports and employing about 100,000 people, mainly relies on cheap labour costs with a majority of exports destined to neighbouring Italy. The sector’s annual turnover is estimated at € 500 million, accounting for 40 per cent of the country’s total exports.

The Netherlands has emerged as the second largest foreign direct investor in Albania in the past couple of years with trade exchanges between the two countries of about € 43 million. Both the countries are likely to sign more trade agreements in upcoming months to increase the value of trade.


Have some news? Let us know on

Recommended by Apparel Resources

Unifi reveals third quarter results

Unifi Inc., one of the world's leading innovators in synthetic and recycled yarns, has released operating results for the third quarter ended March...

Fire breaks out at handicrafts unit in Jodhpur (India)

In yet another incident of fire, a handicrafts manufacturing unit gutted when a massive fire broke out in Dhan Laxmi Arts in Indian...

Industry 4.0, a threat to Vietnam’s textiles sector?!

“The fourth Industrial Revolution (Industry 4.0) will present a challenge for Vietnam’s textiles and garment sector within the next five years,” said Le...

India’s Cochin Port Trust proposes facilities to handle cotton trade

Cochin Port Trust, a Government of India establishment which governs Cochin Port – a major port on the Laccadive Sea – Indian Ocean...

Gujarat (India) gets new trade body for garment industry

A new trade body – Association of Apparel Manufacturers and Exporters of Gujarat (AAMEG) – has been formed in Gujarat, India, to address...

Lectra reports strong FY 2016 results

The fiscal 2016 results of Lectra, the technology solution provider, indicated strong growth in operational income and revenues. Lectra’s revenues for fiscal 2016...

EFI reports drop in revenue

Electronics For Imaging Inc., a world leader in customer-focused digital printing innovation, has announced its financial results for the first quarter of current...

Trade unions avert industrial disaster in Bangladesh

Trade unions, operating in Bangladesh, claimed to have averted a big industrial disaster after they supported more than 3,000 workers who refused to...

Sri Lankan garment industry’s working conditions upsets MEP

"If the European Union consumers knew the extremely abusive working conditions of the women who produce the clothes they buy from Sri Lanka,...

Tanneries in Bangladesh shifting; workers await job assurance

Bangladesh Government is pushing tanneries to move from national capital’s (Dhaka) Hazaribagh area to the suburbs of Savar. As the process is still...