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Prime Content | 
Turkiye year-end review 2023: Recovery from calamity

03 Jan '24
24 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Textile exports plunged by 11.7 per cent amid declining production, influenced by cost surges, Ukraine conflict, and global economic slowdown.
  • Innovations in digital fabric libraries and sustainable technology implementation shaped the sector's recovery.
  • Increased additional customs duties aimed to curb unfair competition but drew mixed industry reactions.

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