Turkiye’s textiles and raw materials exports increased 12.4 per cent to $4.6 billion during January-April 2022 compared to the same period of previous year. As per a Textile Intelligence report, exports of textiles and raw materials surged 13.7 per cent to $1.2 billion in April 2022 compared to the same period in previous year, indicates ‘April 2022 Export Performance Report’ published by ITHIB. The share of textile and raw materials in Turkiye’s overall exports amounted for 5.3 per cent during the period.
EU emerges largest market for Turkiye
EU emerged the largest importer of textiles and raw materials from Turkiye during the January-April 2022 period. Exports to 27 EU countries increased 14.7 per cent to $2.2 million during the period compared to the same period in previous year. The second highest importers of textiles and raw materials from Turkiye were African countries whose exports increased 32.7 per cent during the period to reach $531 million.
However, Turkiye’s exports of textiles and raw materials decreased 3.5 per cent to 948,000 tons on the basis of quantity in the first four months of 2022. Exports to EU increased 4.1 per cent on quantity basis to 419,000tons during this period while that of Africa reached their highest share of 11.8 per cent totaling 112,000 tons.
Italy imports most textiles and raw materials during Jan-Apr’22
The highest increase in exports of textiles and raw materials was fromItaly during the first four months. Exports to Italy increased 34.1 per cent to reach $480 million during this period. The other countries recording most imports of textiles and raw materials from Turkiyewere, Germany, whose imports increased 4 per cent to $359 million and the USwhose imports increased 17.9 per cent to $316 million. They were followed by Spain and United Kingdom.
Belarus emerges highest importer in April
Belarus emerged the largest importer of textiles and raw materials from Turkiye in April clocking an increase of 76.3 per cent. It was followed by Spain with imports increasing 56.5 per cent and Morocco with 54.4 per cent increase in imports textiles and raw materials from Turkiye. Yarn dominates exports with 15.1% increase
Yarn emerged the most exported product group fromTurkiye during the period with exports increasing 15.1 per cent. This was followed by woven fabric whose exports increased 29.9 per cent to reach $920 million. The third most exported product group was technical textiles whose exports declined 6.2 per cent to $808 million. Turkiye’sfibre exports increased 29.5 per cent to $397 million during January-April period of 2022. These were dominated by synthetic-artificial fibers with a 60 per cent share in overall fiber exports.
Towels most exported product from Jan-Apri’22
Turkiye’s exports of knitted fabricsamounted to $398 million during the period. In home textiles, the most exported products were towels and cleaning clothes with a share of 34.4 per cent. Their exports increased 17.3 per cent during the period to $262 million.