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Turkiye's Textile Industry: Challenges & economic outlook

07 Jan '25

7 min read

Turkiye's Textile Industry: Challenges & economic outlook

Türkiye's textile industry remains a significant global player.
Situated at the Europe-Asia nexus, Türkiye efficiently accesses key markets, excelling in high-quality textile production with advanced technology and strong government support.
The industry's resilience, bolstered by EU trade partnerships and investments, is crucial as it navigates economic fluctuations and competitive pressures.

Economic Outlook

Exhibit *: Turkiye’s GDP over the years (in $ bn)

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