Turkiye's apparel exports to Russia may breach $300 mn in 2022

27 Dec '22

2 min read

Pic: Shutterstock.com

The exports of apparel from Turkiye to Russia stood at $255.087 million in the first ten months of this year and are likely to breach $300 million in 2022. Last year, Turkiye’s apparel shipment to Russia was $273.818 million. Turkiye has emerged as a close ally of Russia in the context of Ukraine crisis, which has pushed up bilateral trade between the two.

Turkiye’s apparel exports to Russia had grown to $273.818 million in 2021 from $213.802 million of 2020, when exports declined due to COVID from $265.154 million in 2019. There has been an increasing trend in the previous years. The shipment was at $191.162 million in 2017, which increased to $242.492 million in 2018, and $265.154 million in 2019, according to Fibre2Fashion’s market insight tool TexPro.

The monthly apparel export from Turkiye to Russia was $22.275 million in January 2022, which slipped to $14.356 million in May 2022. It again rose to $36.658 million in August, but fell to $28.581 million in October, as per TexPro.

However, Russia still remains small partner for apparel shipment from Turkiye. Russia was the 13^th largest apparel importer from Turkiye, and accounted for only 1.73 per cent of the total $13.081 billion of Turkish apparel exports during January-September 2022.

Fibre2Fashion News Desk (KUL)

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