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New trade deal may reverse Turkiye's decline in Qatar's apparel market

19 Nov '24
2 min read
New trade deal may reverse Turkiye's decline in Qatar's apparel market
New trade deal may reverse Turkiye's decline in Qatar's apparel market

Insights

  • Turkiye and Qatar signed the Declaration of Facilitating Trade to boost bilateral trade to $***** billion.
  • Despite being Qatar's fifth-largest apparel supplier, Turkiye's exports have been declining, with apparel imports dropping **.**% year-on-year in 2024.
  • In 2023, Turkiye accounted for **.**% of Qatar's apparel imports.
  • The agreement aims to reverse this trend.

In the apparel and textile trade sector, Turkiye is the fifth-largest supplier of apparel to Qatar, albeit with a modest market share. The new trade agreement is expected to bolster Turkiye’s apparel exports to the Gulf nation. From January to August ****, Qatar’s apparel imports from Turkiye were valued at $**.*** million.

According to Fibre2Fashion&#**;s market insight tool TexPro, Qatar’s total apparel imports amounted to $***.*** million in the first eight months of ****. Turkiye held a *.** per cent share, ranking as the fifth-largest supplier. The top four suppliers—China, India, Italy, and Bangladesh—accounted for over ** per cent of Qatar’s total apparel imports.

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