APPAREL AND GARMENT INDUSTRY IN TURKEY
OVERVIEW
Since its pre-historic era, Turkey is
one of the main players in the market of textiles and apparel. At present, the
country is also the major industry of all types of garments that are in the
list of both men’s and women’s fashion. The textile market of Turkey grows
annually at a rate of 12.2% annually. This particular industry of Turkey has
dominated Turkey Trade Data
for years and is one of the crucial operational industries of Turkey.
Being one of the largest industries
in the world, Turkey also exports its products to other nations to drive extra
profits and revenue. The clothing industry of Turkey still shows hope of
expansion as since the advent of the 20th century, the exports from
Turkey have got doubled and still showing an upward trend. Moreover, in the
year 2020, Turkey was ranked in 4th position in the list of largest
textile exporters in the world and contributed almost 3.3% of total exports.
If we talk about that which top
countries import textiles from Turkey the most, then as per the trend of Turkey
Export Data of the past few years, textiles from Turkey mainly reach the
countries in Europe like Germany, the United Kingdom, and Spain. These top 3
nations import the major portion of Turkey exports which amounted to USD 8.5
billion in the year 2020.
TURKEY TEXTILE EXPORTS FOR THE YEAR
2020
.
As Turkey is in the list of the
greatest exporters of textiles, a list containing the top 6 export partners of
Turkish garments as per Turkey Export Data for the year 2020 is
mentioned below:
·
Germany (USD 3.80 billion)
·
The United Kingdom (USD 2.39 billion)
·
Spain (USD 2.33 billion)
·
The United States (USD 2.13 billion)
·
Netherlands (USD 1.51 billion)
·
Italy (USD 1.25 billion)
Germany is the major contributor to Turkey
Export Data with a total percentage of 23.7% of total exports. It is
followed by the United Kingdom whose contribution is equal to 21.3% of total
exports.
TURKEY TEXTILES IMPORTS FOR THE YEAR
2020
Just like exports, Turkey also
imports textiles and garments from other nations in the form of raw or finished
product form. Based on Turkey Import Data for the year 2020, the top 06
countries from whom Turkey imported textiles and apparels the most were:
·
China (USD 1.65 billion)
·
The United States (USD 645.98 million)
·
Italy (USD 547.80 million)
·
India (USD 531.66 million)
·
Bangladesh (USD 529.68 million)
·
Egypt (USD 377.33 million)
The major import partner of Turkey as
per Turkey Import Data for the year 2020, contributed 7.19% of total
imports, followed by the USA which contributed 5.6% of total imports.
SOME MORE NOTABLE INSIGHTS ABOUT THE
TEXTILE AND APPAREL MARKET OF TURKEY
Talking about the production value of
this market, it is more than USD 20 billion. This market gives employment to
roughly 4 million people. As per Turkey Export Data for past years,
almost 60% of the textile produced in the country was exported across the
globe.
To be specific, Turkey is also on the
list of the top 10 producers of textile items like woolen clothing, carpets,
synthetic fiber, polyester, and other filaments. The contribution of the
textile and apparel industry is close to USD 20 billion in the GNP of Turkey.
The official group of Turkey, known
as “Istanbul Textile Exporters’ Association”, (ITHIB) sets new benchmarks and
goals for the year 2023 according to which Turkey Export Data would
touch USD 15 billion whereas Turkey Import Data would also rise but not
to that extent so as to maintain the balance of trade.
M.Faith, who is the honorable
president of the textile exporters association added that other countries are
still much excited and interested to get textile products from Turkey so Turkey
Export Data would be dominated by the exports of apparel and textiles from
the nation in the year 2023.
CONCLUSION
The textile and apparel sector of
Turkey is well aware of the trends that are present in lieu of Turkish designs
as a result, the country is planning to develop the strategy of exports in a
more organized way so that it helps in the healthy growth of the economy as a
whole.
There is no doubt that the demand of
Turkish clothing is very much famous across the globe, and this has led to
increased production in the nation.
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