Turkey is world's 7th largest textile exporter: ISO

According to a statement issued by ISO, the country’s textile exports in 2005 totaled US$ 7.08 billion, whereas in 2012, Turkey’s textile exports amounted to $ 11.09 billion, making it the seventh largest exporter of textiles in the world.

However, as per the report, during 2005 to 2011, the number of entrepreneurs, employees, production and investment in terms of value of the overall manufacturing industry (including textiles and clothing) in the country registered a decline.

According to the report, during 2005, the number of entrepreneurs in the manufacturing industry totaled 19,726, whereas by 2011, the number of entrepreneurs increased to only 23,012 people. Number of employees in the manufacturing industry declined from 16 percent in 2005 to 12 percent in 2011, the report adds.

Production in the textile industry during the 2005 to 2011 period also registered a decrease of 8 percent, as per the ISO report.

In 2013, textile and raw materials exports, excluding apparel, from Turkey amounted to $8.39 billion, registering a rise of 7 percent, compared to 2012, when the country exported textiles and raw materials worth $7.83 billion.

Fibre2fashion News Desk - India