Category-wise, exports of knitted and crocheted clothing and accessories (HS chapter 61) earned $9.250 billion in January-October 2022, registering a growth of 4.6 per cent over $8.843 billion earned during the same months of the previous year. Exports of non-knitted apparel and accessories (HS chapter 62) were valued at $7.128 billion, showing an increase of 13.9 per cent compared to $6.259 billion exports in January-October 2021.
Meanwhile, Turkiye’s imports of cotton, cotton yarn and cotton textiles (HS chapter 52) increased by a sharp 51 per cent to $4.266 billion over $2.825 billion in the first ten 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) was affected by the global economic slowdown and low demand. The exports decreased by 13 per cent year-on-year (YoY) to $0.923 billion. On the other hand, the shipment of non-knitted apparel and accessories (HS chapter 62) also noticed a negative growth of 2.4 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.
Fibre2Fashion News Desk (KUL)