Textile constitutes an important sector of Greek manufacturing industry, which includes many individual sub-fields as the spinning, the weaving, the clothing and other sectors which are correlated.

According to data of the Greek Textile manufacturers, the sector of textile contributes with roughly 15% in the configuration of GNP of the country, while it occupies 70.000 workers, included the personnel that is occupied in the sector of clothing also. The total number of workers approaches the 120.000 individuals representing the 28% occupied in the domestic industry.

The exports of textile manufacturing products and ready clothing classify this wider sector as the bigger export of the domestic manufacturing industry, representing the 23% of total exported products or the 47% of exported industrial products and participating with 28% in the industrial production of country, developing the domestic raw material, the cotton.

The textile in Greece presented important rythms of growth at the decades ' 60 and ' 70, period at which it maintained powerful place in the domestic industry. Since then, it entered in period of recession, with important reduction of domestic production and investment activities, so that it is led to shrinkage and a lot of textile manufacturing units suspend completely their work.

However, the most important problem is focused in the competition that Greek products mainly accept Third Countries (from Turkey, Pakistan, India, China) in the Greek market and in European market, as well.

Today the number functioning spindles in the spinning is calculated around 750.000-800.000 ,lower comperativly to 1,5 million in the beginning of 80's. It is however pointed out that, the majority of the spindles are of modern technology with higher speeds, and are installed in new spinning units replacing the old ones.

According to marketing sources , in the sector have remained henceforth the healthy enterprises, while it should pointed out that the possibility of investments was increased mainly because of the capital that was drawn Stock Exchange Market.

The continuing modernisation of productive units is essential, in order to achieve reduction of cost of production, improvement of quality and specialisation in products of great added value. In this way Greek enterprises strengthen their competitiveness in Greek market, ans in international markets, as well. Already, large enough companies of the textile sector produce high quality products.

First place in the domestic production of ginned cotton. Market Share 8,5%.

Second place in the domestic production of yarn. Market Share 10%.

First place in the export of yarn. Market Share 15%.