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Turkiye's apparel exports dip 1.12% YoY, but May 2023 shows 27% growth

30 Jun '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Turkiye's apparel exports experienced a drop to $****** billion in the first 5 months of 2023.
  • However, a robust recovery in May saw exports rise by ****.*3 per cent to $****** billion.
  • Although knitted clothing exports declined by *.* per cent, non-knitted apparel exports rose *.* per cent.
  • This downturn follows an overall growth of *.* per cent in 2022.

The export of knitted and crocheted clothing and accessories (HS chapter **) accounted for $*.*** billion during January-May ****, which is a decrease of *.* per cent from the $*.*** billion in the same period the previous year. On the other hand, non-knitted apparel, and accessories (HS chapter **) were valued at $*.*** billion, showing an increase of *.* per cent compared to the $*.*** billion in exports during January-May ****

In May ****, the latest month for which data is available, Turkiye&#**;s total exports of both knitted and non-knitted clothing and accessories soared by **.** per cent to $*.*** billion, compared to $*.*** billion in May ****. The exports of knitted and crocheted clothing and accessories increased by **.* per cent, reaching $***.*** million in May ****, compared to $***.*** million in the corresponding period the previous year. Additionally, the shipment of non-knitted apparel and accessories also saw a rise of **.* per cent, from $***.*** million in May **** to $***.*** million in May ****

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