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Turkish yarn exports rise 87% in Jan-Aug 2021

In the January-August period of 2021, Turkey saw an 87% increase in yarn exports. As European countries turned to Turkey to buy yarn due to rising freight prices, Turkish yarn export has increased significantly. Yarn exports increased by 81.3% only in August.

yarn
Figure: In the January-August period of 2021, Turkey saw an 87% increase in yarn exports.

When the yarn exports in the January-August period of 2021 are examined on the basis of sub-product groups, it is observed that the most important sub-product group is yarns made of synthetic-artificial filament fibers with an export value of 635 million dollars.

In January-August 2021, yarn exports from synthetic-artificial filament fibers increased by 73.7%. Cotton yarn became the second largest sub-product group with a share of 33.8% in total yarn exports. Exports of the cotton yarn product group increased by 119.2% amounted to 578 million dollars.

In the January-August period of 2021, with an export value of 192 million dollars Italy imported the biggest amount of yarn from Turkey. In this period, yarn exports to Italy increased by 86.9% followed by England, Portugal and the Netherlands. In the January-August period of 2021, exports to the European Union countries increased by 49.2%.

 

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