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Türkiye's textile industry in meltdown

27 Oct '25
3 min read
Türkiye's textile industry in meltdown
Pic: Prometheus72 / Shutterstock.com

Insights

  • Türkiye's textile and garment sector faces its toughest period in decades, hit by soaring costs, weak EU demand, and currency instability.
  • With major factory closures and job losses mounting, exports have declined, and competitiveness eroded as orders shift abroad.
  • Industry leaders warn of a breaking point, urging policy support to restore stability and drive recovery.

The sector has shed about ***,*** jobs and lost nearly $* billion in export revenues over the past three years, according to the Istanbul Apparel Exporters’ Association (IHKIB), as soaring costs, currency instability and waning European demand erode its global competitiveness.

What has for many years been a powerhouse of affordable, high-quality production is fast becoming a case study in how shifting trade dynamics and economic pressures can unravel an industry’s success story.

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