Turkiye's apparel exports to Sweden hit $137 mn in H1 2024

Turkiye’s Minister of Trade, Omer Bolat, visited Sweden and met with Johan Forssell, Sweden's Minister for International Development Cooperation and Foreign Trade, to enhance bilateral trade relations under the framework of the Joint Economic and Trade Committee (JETCO).

According to Fibre2Fashion's market insight tool TexPro, Turkiye’s apparel exports to Sweden amounted to $118.859 million during January-June 2023. In the first half of 2024, Sweden’s share was 1.63 per cent of Turkiye’s total apparel exports, which stood at $8.447 billion. This represented an increase from the 1.25 per cent share recorded in the first half of 2023.

Turkiye's total apparel exports to Sweden reached $253.534 million in 2023, representing 1.39 per cent of Turkiye’s total apparel exports of $18.238 billion for that year.

Turkiye’s presence in the Swedish apparel market remains limited. Sweden's apparel imports totalled $1.851 billion between January and May 2024, with $103.735 million coming from Turkiye, accounting for 5.60 per cent of total apparel imports. Turkiye ranked as Sweden’s sixth-largest supplier, following China, Bangladesh, Denmark, Germany, and Poland, as per TexPro.

In the same period in 2023, Sweden imported $1.983 billion in apparel, of which $92.165 million, or 4.65 per cent, came from Turkiye, placing it seventh among Sweden’s top apparel suppliers. Sweden’s total apparel imports amounted to $4.841 billion in 2023 and $4.397 billion in 2022. Imports from Turkiye were valued at $239.289 million (4.94 per cent) in 2023 and $188.426 million (4.28 per cent) in 2022.

ALCHEMPro News Desk (KUL)