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Turkiye’s garment exports to rise $16.378 bn during Jan-Oct 2022

With a long history of textile manufacturing dating back to the Ottoman Empire, Turkey remains an important country in the global textile and apparel industry.

Recently, Turkiye garment exports increased by 8.44 percent year-on-year in January-October 2022, according to data from the Turkish Statistical Institute and the country’s ministry of trade.

Turkiye’s garment exports to rise $16.378 bn
Figure: With a long history of textile manufacturing dating back to the Ottoman Empire, Turkey remains an important country in the global textile and apparel industry.

From January to October of 2022, Turkiye exported apparel worth $16.378 billion, which was $15.102 billion during the same period of 2021.

Meanwhile, Turkey has increased its apparel export to Middle East by more than 10 percent in the first half of this year (H1) to $0.80 billion during January to June 2022, and $0.73 billion during July to December 2021.

Category-wise, exports of knitted and crocheted clothing and accessories, earned $9.250 billion in January-October 2022, registering a growth of 4.6 percent over $8.843 billion earned during the same months of the previous year,  and it was $18.294 billion in 2021 during the same period.

Besides that, exports of non-knitted apparel and accessories were valued at $7.128 billion, showing an increase of 13.9 percent compared to $6.259 billion exports in January-October 2021.

Meanwhile, Turkiye’s imports of cotton, cotton yarn and cotton textiles increased by a sharp 51 percent to $4.266 billion over $2.825 billion in the first ten months of 2021.

In October 2022, because of global economic slowdown and low demand Turkiye’s exports of knitted and crocheted clothing and accessories was affected, exports decreased by 13 percent year-on-year (YoY) to $0.923 billion.

Also, the shipment of non-knitted apparel and accessories also noticed a negative growth of 2.4 percent in the same month.

If anyone has any feedback or input regarding the published news, please contact: info@textiletoday.com.bd

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