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Turkey's apparel exports up 4.6% in Jan-Oct '18

26
Nov '18
Courtesy: Pexels
Courtesy: Pexels
Apparel exports from Turkey have increased by 4.6 per cent year-on-year to $14.8 billion in the first ten months of 2018, according to Istanbul Apparel Exporters’ Association (IHKIB). Readymade clothing exports accounted for 13.1 per cent of all industrial exports, and 10.7 per cent of overall exports from Turkey during January-October 2018.
 
Region-wise, seven of the top 10 destinations for Turkish apparel were the EU countries. Germany topped the list with $2.7 billion, followed by Spain with $2.1 billion and UK $1.7 billion.
 
The Netherlands, France, Iraq, the US, Italy, Denmark and Israel were also among the top 10 importers of Turkish garments during the ten-month period, according to a report in a Turkish daily.
 
If the trend continues, Turkish apparel exports are likely to touch $18 billion this year and $19 billion in 2019. (RKS)
 

Fibre2Fashion News Desk – India


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