Turkiye's apparel exports slip 5.86% to $18.3 bn in year 2023

06 Feb '24

2 min read

Pic: Adobe Stock

Insights

Turkiye's exports of knitted and clothing decline 6.6% to $10.282 billion and non-knitted apparel down 4.9% to $8.039 billion in 2023.
In December 2023, Turkiye's total clothing exports decreased by 10.74 per cent to $1.420 billion.
Apparel exports had increased by 6.46 per cent in 2022, reaching $19.475 billion compared to $18.294 billion in 2021.

Turkiye’s apparel exports experienced a 5.86 per cent year-on-year decline in the period from January to December 2023, according to data from the Turkish Statistical Institute and the country’s ministry of trade. During this period, exports totalled $18.321 billion, a decrease from $19.463 billion in the corresponding period of 2022. In December 2023 alone, exports saw a more significant drop, falling 10.74 per cent to $1.420 billion.

Exports of knitted and crocheted clothing and accessories (HS Chapter 61) reached $10.282 billion in 2023, marking a 6.6 per cent decrease from $11.005 billion in the same period of the previous year. Meanwhile, non-knitted apparel and accessories (HS Chapter 62) amounted to $8.039 billion, representing a 4.9 per cent drop compared to $8.458 billion in January to December 2022.

In December 2023, the most recent month for which data is available, Turkiye’s total exports of both knitted and non-knitted clothing and accessories decreased by 10.74 per cent to $1.420 billion, compared with $1.591 billion in December 2022. Exports of knitted and crocheted clothing and accessories fell by 8.2 per cent, totalling $813.991 million, against $886.966 million in December 2022. Shipments of non-knitted apparel and accessories also declined, dropping by 13.9 per cent from $704.126 million in December 2022 to $606.461 million in December 2023.

Turkiye’s apparel exports had increased by 6.46 per cent in 2022, reaching $19.475 billion compared to $18.294 billion in 2021.

Fibre2Fashion News Desk (KUL)

More Apparel/Garments News - Turkiye...