Turkiye's apparel exports to US double in 5 years; $798 mn in 2022

15 Apr '23

1 min read

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Insights

Turkiye's exports to the US reached $3 billion in Q1 this year, with apparel exports showing a steady upward trend over the last five years.
Outbound shipments doubled to $798.461 million in 2022, up from $392.274 million in 2018.
Fabric exports from Turkiye to the US also increased to $163.422 million in 2022, compared to $129.050 million in 2021.

Turkiye's exports to the US reached $3 billion during the first quarter (Q1) of the current year. Trade data shows that Turkiye's apparel exports to the US successfully maintained an upward trend over the last five years, even defying the impact of COVID-19 in 2020. Outbound shipments doubled to $798.461 million in 2022, up from $392.274 million in 2018.

Apparel exports to the US continued to grow in previous years, $435.846 million in 2019, $548.212 million in 2020, $670.220 million in 2021, and $798.461 million in 2022. Exports were recorded at $126.911 million in the first two months of the current year, according to Fibre2Fashion's market insight tool TexPro.

On a quarterly basis, exports stood at $199.795 million in Q4 2022, $210.178 million in Q3 2022, $193.781 million in Q2 2022, $194.706 million in Q1 2022, and $200.730 million in Q4 2021.

Fabric exports from Turkey to the US increased to $163.422 million in 2022, up from $129.050 million in 2021. Fabric exports dipped to $90.948 million in 2020 from $105.552 million in 2019 but rebounded in 2021 to reach $129.050 million. The trade was recorded at $114.158 million in 2018, as per TexPro.

Fibre2Fashion News Desk (KUL)

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This according to Fibre2Fashion's Market Intelligence Tool - TexPro