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Turkiye's apparel exports dip 6.34% to $6.3 bn in Jan-Apr 2023

01 Jun '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Turkiye's apparel exports in January-April 2023 declined by 6.34 per cent YoY, totalling $6.348 billion, compared to $6.778 billion in 2022.
  • In April 2023, exports dipped by 23.54 per cent to $1.432 billion.
  • Knitted and crocheted clothing (HS chapter 61) decreased by 9 per cent, while non-knitted apparel (HS chapter 62) decreased by 3.1 per cent.
Turkiye's apparel exports saw a decrease of 6.34 per cent year-on-year (YoY) in January-April 2023, bringing the total exports to $6.348 billion, compared to $6.778 billion during the same period in 2022, according to the Turkish Statistical Institute and the country's ministry of trade. In April 2023, exports experienced a dip of 23.54 per cent, totalling $1,432.706 million. 

Knitted and crocheted clothing and accessories (HS chapter 61) accounted for $3.403 billion in exports during January-April 2023, a decrease of 9 per cent from $2.738 billion in the same period of the previous year. Meanwhile, non-knitted apparel and accessories (HS chapter 62) were valued at $2.945 billion, showing a decrease of 3.1 per cent compared to $3.040 billion in exports during January-April 2022. 

In April 2023, the latest month for which data is available, Turkiye's total exports of knitted and non-knitted clothing and accessories decreased by 23.54 per cent to $1.432 billion compared to $1.873 billion in April 2022. The exports of knitted and crocheted clothing and accessories dipped by 23.2 per cent to $778.000 million in April 2023 compared to $1,012.938 million during the corresponding period in the previous year. The shipment of non-knitted apparel and accessories also experienced a fall of 24 per cent in April, decreasing from $861.323 million in April 2022 to $654.706 million in April 2023. 

Turkiye's apparel exports rose by 6.46 per cent to $19.475 billion in 2022 compared to $18.294 billion in 2021. 

Fibre2Fashion News Desk (KUL)

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