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Turkiye's apparel exports rise slightly in Jan-Mar 2023

03 May '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Turkiye's apparel exports grew by 0.26 per cent YoY to $4.916 billion in January-March 2023, with February exports up 3.22 per cent to $1,895.377 million.
  • Knitted and crocheted clothing and accessories (HS chapter 61) exports fell 3.7 per cent, while non-knitted apparel and accessories (HS chapter 62) exports increased by 5.2 per cent during the same period.
Turkiye's apparel exports saw a slight increase of 0.26 per cent year-on-year (YoY) in January-March 2023, bringing the total exports to $4.916 billion compared to $4.903 billion during the same period in 2022, as per the Turkish Statistical Institute and the country's ministry of trade. In February 2023, exports experienced a growth of 3.22 per cent, totalling $1,895.377 million. 

Knitted and crocheted clothing and accessories (HS chapter 61) accounted for $2.625 billion in exports during January-March 2023, a decrease of 3.7 per cent from $2.625 billion in the same period of the previous year. Meanwhile, non-knitted apparel and accessories (HS chapter 62) were valued at $2.291 billion, showing an increase of 5.2 per cent compared to $2.178 billion in exports during January-March 2022. 

In March 2023, the latest month for which data is available, Turkiye's total exports of knitted and non-knitted clothing and accessories increased by 3.22 per cent to $1.895 billion compared to $1.836 billion in March 2022. The exports of knitted and crocheted clothing and accessories rose by 1.2 per cent to $1,003.177 million in March 2023 compared to $990.938 million during the corresponding period in the previous year. The shipment of non-knitted apparel and accessories (HS chapter 62) also experienced growth of 5.6 per cent in March, increasing from $845.225 million in March 2022 to $892.200 million in March 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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