Category-wise, exports of knitted and crocheted clothing and accessories (HS chapter 61) earned $833.585 million in January 2023, registering a growth of 2.4 per cent over $814.110 million earned during the same month of the previous year. Exports of non-knitted apparel and accessories (HS chapter 62) were valued at $702.640 million, showing an increase of 16.9 per cent compared to $600.924 million exports in January 2022.
Meanwhile, Turkiye’s imports of cotton, cotton yarn and cotton textiles (HS chapter 52) were negligible in January 2023, and therefor did not make it to the top 20 HS chapters for the imports in the country. Last year, Turkiye’s imports had increased by 30.3 per cent to $4.842 billion over $3.714 billion in 2021.
Apparel exports from Turkiye recovered in January 2023 after decline of 9.2 per cent YoY in December 2022. The exports increased 8.55 per cent in January 2023, as per the data of the Turkish Statistical Institute and the country’s ministry of trade. During January 2023, Turkiye exported apparel worth $1.536 billion, compared to $1.415 billion in January 2022
Last year, apparel exports from Turkiye increased by 6.46 per cent year-on-year (YoY) to reach $19.475 billion, compared to $18.294 billion in 2021. However, in December 2022, the exports decreased by 9.2 per cent YoY to $0.890 billion.
Fibre2Fashion News Desk (KUL)
