Türkiye textile sector eyes $1bn in US exports in 2022

Türkiye textile sector eyes $1bn in US exports in 2022

The Istanbul Textile and Raw Materials Exporters Association (İTHİB) expects textile revenues for US-bound exports to go above US$1bn by the end of this year, according to reports.

By Laura Husband 

The head of ITHİB, Ahmet Öksüz, explained the US is an important market for Türkiye’s textile sector with sales in 2021 already reaching US$850m, according to a news report by local publication Hurriyet Daily News.

The Istanbul Apparel Exporters’ Association (IHKIB) tells Just Style exclusively: “US imports of both textile and apparel from Türkiye has increased in recent years. The industry’s argument is as Türkiyeis the second biggest supplier of the EU, why not have a similar positioning in the US market?”

IHKIB also suggests the sustainability agenda values the long-life of Turkish textile and apparel products, as well as their quality and other competitive features, and believes Türkiye has the potential to change the perceptions of buyers, brands and US consumers on fast fashion and apparel business partnerships.  

It also explains the figures quoted by Öksüz are specifically for fabrics and yarns as the apparel sector already had an export value of US$1.3bn in 2021 and has a target of US$5bin for no more than five years’ time.

The country’s textile association organised its third edition of the ‘i of the World’ fair in New York earlier this month (20 – 21 July) as part of its bid to introduce Turkish textile products to the US market.

Öksüz saw the event as being important for achieving its US$1bn export revenue goal and sees Türkiye as being one of the top five countries that US imports textile products from in future.

The head of ITHİB, Ahmet Öksüz, explained the US is an important market for Türkiye’s textile sector with sales in 2021 already reaching US$850m, according to a news report by local publication Hurriyet Daily News.

The Istanbul Apparel Exporters’ Association (IHKIB) tells Just Style exclusively: “US imports of both textile and apparel from Türkiye has increased in recent years. The industry’s argument is as Türkiyeis the second biggest supplier of the EU, why not have a similar positioning in the US market?”

IHKIB also suggests the sustainability agenda values the long-life of Turkish textile and apparel products, as well as their quality and other competitive features, and believes Türkiye has the potential to change the perceptions of buyers, brands and US consumers on fast fashion and apparel business partnerships.  

It also explains the figures quoted by Öksüz are specifically for fabrics and yarns as the apparel sector already had an export value of US$1.3bn in 2021 and has a target of US$5bin for no more than five years’ time.

The country’s textile association organised its third edition of the ‘i of the World’ fair in New York earlier this month (20 – 21 July) as part of its bid to introduce Turkish textile products to the US market.

Öksüz saw the event as being important for achieving its US$1bn export revenue goal and sees Türkiye as being one of the top five countries that US imports textile products from in future.


Πηγή: just-style.com
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