Turkey plans to open foreign logistics centers in its major export markets including the US. This would help local exporters' access these markets and stimulate the exports believes the Turkish Exporters Assembly, TIM. As per SRTEPC, these logistics centers will work as a regional base for exporters, reduce the costs of market access and accelerate access to new markets.
Turkey's apparel and home textiles exports are expected to keep growing like last year when exports to the US increased more than 20 per cent year-on-year to cross the $10 billion-mark. While sales of carpets increased by more than 30 per cent over the previous year, exports of ready-to-wear and apparels climbed by more than 20 per cent in 2020 over 2019.
This year too, Turkey's exports to the UK have grown during January-March 2021 period due to the finalization of the post-Brexit free trade agreement. They are expected to reach monthly average of $1.80 billion during January-August 2021, with a rise of 7.48 per cent compared to the monthly average exports of $1.68 billion in 2020.












