Home breadcru News breadcru Trade breadcru  | Turkiye's Q1 2023 apparel exports to Russia surge amid Ukraine crisis

Prime Content | 
Turkiye's Q1 2023 apparel exports to Russia surge amid Ukraine crisis

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

Insights

  • In the wake of the Ukraine conflict, Turkiye's Q1 2023 apparel exports to Russia tripled to $******** million, making Russia the 7th largest market for Turkish apparel.
  • This consistent increase has shown impressive annual growth, with a trade volume of $******** million in 2022 compared to $******** million in 2021.
  • Previously, in Q1 2022, Russia ranked 16th.

Turkiye&#**;s exports to Russia have exhibited a consistent quarterly increase, with the exception of the second quarter of last year. The trade volume climbed to $**.*** million in the first quarter of ****, then dipped to $**.*** million in the second quarter, before rebounding to $**.*** million in the third quarter and $***.*** million in the fourth quarter of the same year. In the first quarter of ****, the export volume rose to $***.*** million, As per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

These exports have also displayed rapid annual growth. Trade volume totalled $***.*** million in ****, a significant increase compared to $***.*** million in ****, $***.*** million in ****, $***.*** million in ****, and $***.*** million in ****

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