Turkiye's apparel exports down 1.49% to $3.02 bn in Jan-Feb 2023

04 Apr '23

2 min read

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Turkiye's apparel exports declined by 1.49 per cent YoY to $3.022 billion in January-February 2023, with a sharp decline of 10.04 per cent in February 2023.
Knitted and crocheted clothing and accessories exports fell 6.5 per cent to $1.623 billion during this period, while non-knitted apparel and accessories rose 5 per cent to $1.399 billion.

Apparel exports from Turkiye decreased by 1.49 per cent year-on-year (YoY) in January-February 2023, as per the data from the Turkish Statistical Institute and the country’s ministry of trade. During this period, Turkiye exported apparel worth $3.022 billion, compared to the exports of $3.068 billion during the same period of 2022.

In February 2023, the exports noticed a sharp decline of 10.04 per cent to come down to $1,487.134 million.

Category-wise, exports of knitted and crocheted clothing and accessories (HS chapter 61) earned $1.623 billion in January-February 2023, registering a fall of 6.5 per cent over $1.735 billion earned during the same months of the previous year. Exports of non-knitted apparel and accessories (HS chapter 62) were valued at $1.399 billion, showing an increase of 5 per cent compared to $1.333 billion exports in January-February 2022.

In February 2023, the latest month for which the data is available, Turkiye’s total exports of knitted and non-knitted clothing and accessories eased 10.04 per cent to $1.487 billion in February 2023 against $1.653 billion of February 2022. The exports of knitted and crocheted clothing and accessories eased 14.2 per cent to $789.969 million in February 2023 against the exports of $920-950 million in corresponding period of last year.

The shipment of non-knitted apparel and accessories (HS chapter 62) also noticed a negative growth of 4.8 per cent in the month of February. It came down from $732.696 million in February 2022 to $697.165 million in February 2023.

Turkiye’s apparel exports had increased by 6.46 per cent to $19.475 billion in 2022 compared to the shipment of $18.294 billion during 2021.

Fibre2Fashion News Desk (KUL)

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