Turkey’s textile exports increased by 14.7 per cent in October 2020 compared to the same month of the previous year and by 9 per cent compared to September 2020, reaching a value of $1 billion. As per a Textile Intelligence report, from January-October 2020, Turkey’s textile exports decreased by 6.9 per cent to reached a value of $7.7 billion. Its overall exports increased by 5.6 per cent in October to $17.3 billion.

In October, the highest export market for Turkey’s textiles and raw materials was the group of 28 EU countries. Compared to October 2019, textile exports to these countries increased by 18.7 per cent to reach a value of $525 million. However, from January-October 2020, these exports declined by 5 per cent to $4 billion. Turkey’s exports to the Former Eastern Bloc Countries increased by 0.4 per cent in the first 10 months of the year to reach $863 million. Exports to these countries increased by 17.2 per cent on the basis of October alone and reached $860 million.

Exports to other European countries increased by 21.5 per cent to $74 million compared to last year, while exports to the Turkic Republics increase by 1.9 per cent to $257 million In January – October period, there were export losses in African countries, Middle East countries, Asian and Oceania countries, American countries and free zones. Germany continued to be the largest market with a share of 9.5 per cent. Exports to this country increased by 16.2 per cent in October and by 4.8 per cent in the January-October period. Germany was followed by Italy with 7.8 per cent, the US with 6.5 per cent, England with 5 per cent and Bulgaria with 3.8 per cent.