Turkey saw exports of its textiles and raw materials increase by 8% in the first half of 2018 to reach US$5.3bn.
In the period January to June, Italy was the most important textile export market for Turkey, registering growth of 5.8% to $474m. Germany was second at $440m, representing growth of 8.3% on the prior year, according to reports.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Bulgaria was the third largest textile and raw material export market for Turkey in the first half, but the country saw exports drop by nearly 14% to $286m on last year.
Woven fabrics was the most exported product in the period, with exports up 8.3% to $1.3bn. This was followed by yarn, which constitutes 18.1% of total textile exports in Turkey, and is worth $961m.
Knitted fabrics is the third largest textile export group for Turkey, with growth of 2.3% to $801m in the six month period. This is followed by fibres, exports of which increased nearly 17% to $337m.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
