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Monday, 31 October 2022 16:15

Turkey apparel exports up 10%, imports up 55%

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From January 2022 to September 2022, Turkey’s apparel exports increased by ten per cent. Earnings from exports of knitted and crocheted clothing and accessories grew by seven per cent during the same months of the previous year. Earnings from exports of non-knitted apparel and accessories grew by 14per cent compared to the same period of the previous year.

Meanwhile, Turkey’s imports of cotton, cotton yarn and cotton textiles increased by a sharp 55 per cent. In September 2022, Turkey’s exports of knitted and crocheted clothing and accessories were affected by recession and slower demand. Exports decreased by one per cent yearonyear. On the other hand, shipment of non-knitted apparel and accessories saw a mild growth of three cent the same month.

Turkey has a target of becoming one of the top three textile exporting countries in the world. The country is already one of the top five textile exporting countries and overtook countries like South Korea and Italy to claim the fifth spot.The industry has increased its share in global textile exports to an all-time-high of three percent. Turkish textile companies are exporting their products to more than 200 countries. Turkey is well known for near-shore manufacturing capabilities that are of high quality.