Apparel exports from Turkiye increased by 7.3 per cent year-on-year in January-November 2022, as per the data from the Turkish Statistical Institute and the country’s ministry of trade. During the first eleven months of the current year, Turkiye exported apparel worth $17.881 billion, compared to the exports of $16.663 billion during the same period of 2021.
Category-wise, exports of knitted and crocheted clothing and accessories (HS chapter 61) earned $10.122 billion in January-November 2022, registering a growth of 3.3 per cent over $9.800 billion earned during the same months of the previous year. Exports of non-knitted apparel and accessories (HS chapter 62) were valued at $7.759 billion, showing an increase of 13 per cent compared to $6.863 billion exports in January-November 2021.
Meanwhile, Turkiye’s imports of cotton, cotton yarn and cotton textiles (HS chapter 52) increased by a sharp 38.1 per cent to $4.541 billion over $3.289 billion in the first eleven months of 2021.
In October 2022, the latest month for which the data is available, Turkiye’s exports of knitted and crocheted clothing and accessories (HS chapter 61) were affected by the global economic slowdown and low demand. The exports decreased by 8.8 per cent year-on-year (YoY) to $0.873 billion. On the other hand, the shipment of non-knitted apparel and accessories (HS chapter 62) also noticed a negative growth of 6.4 per cent in the same month.
Last year, Turkiye’s total exports of knitted and crocheted clothing and accessories (HS chapter 61) and non-knitted apparel and accessories (HS chapter 62) were valued at $18.294 billion.
Source: fibre2fashion