Home breadcru News breadcru Import/Exports breadcru Turkiye's apparel exports drop 3.96% YoY in Jan-Nov 2024

Turkiye's apparel exports drop 3.96% YoY in Jan-Nov 2024

04 Jan '25
2 min read
Turkiye's apparel exports drop 3.96% YoY in Jan-Nov 2024
Pic: Adobe Stock

Insights

  • Turkiye's apparel exports fell by 3.96 per cent YoY to $16.23 billion in January–November 2024 but rose by 8.02 per cent in November to $1.48 billion.
  • Knitted apparel dropped by 1.1 per cent, and non-knitted fell by 7.6 per cent in the period.
  • Imports of non-knitted goods grew 17 per cent YoY in January–October.
  • In 2023, apparel exports declined by 5.86 per cent to $18.32 billion.
Turkiye's apparel exports declined by 3.96 per cent year-on-year (YoY) during January–November 2024, totalling $16,228 million compared to $16,898 million in the same period of 2023, according to data from the Turkish Statistical Institute and the Ministry of Trade. However, exports grew by 8.02 per cent in November 2024.

Exports of knitted and crocheted clothing and accessories (HS Chapter 61) decreased by 1.1 per cent to $9,358.250 million, down from $9,466.252 million in January–November 2023. Non-knitted apparel and accessories (HS Chapter 62) experienced a 7.6 per cent decline, falling to $6,870.809 million from $7,432.327 million during the same period last year, as per the trade report on the top twenty chapters.

In November 2024, Turkiye's garment exports rose by 8.02 per cent to $1,480.022 million. Exports of knitted and crocheted clothing and accessories increased by 9.9 per cent to $890.957 million, compared to $810.371 million in November 2023. However, non-knitted apparel and accessories saw a 5.2 per cent increase, rising from $559.945 million in November 2023 to $589.065 million in November 2024.

Among the top 20 product chapters imported by Turkiye, no textiles-related chapter appeared in November 2024. However, the inbound shipment of non-knitted and crocheted goods and articles (HS Chapter 62) grew by 17.0 per cent to $1,635.267 million in January–October 2024, compared to $1,397.559 million in January–October 2023.

In 2023, Turkiye’s apparel exports fell by 5.86 per cent to $18.321 billion, compared to $19.463 billion in 2022, following $18.294 billion in 2021.

ALCHEMPro News Desk (KUL)

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