Home breadcru News breadcru Textile Fairs/Exhibition breadcru Turkish textile fair debuts in US

Turkish textile fair debuts in US

24 Jan '20
1 min read
Pic: Shutterstock
Pic: Shutterstock

Turkish textile exporters recently organised a fair, ‘I Of The World’, in the United States to promote the country's textile products. Thirty two firms participated in this first-ever two-day event organised by the Istanbul Textile and Raw Materials Exporters’ Association (ITHIB). Turkey is the sixth-largest textile supplier in the world and the 10th in the US market.

Turkish deputy trade minister Riza Tuna Turagay stressed that the United States is a significant and major market for Turkeys’ textile industry.

While annual US textile and apparel imports are worth around $100 billion, Turkey has its share with nearly $1 billion worth exports to the United States in these sectors, he was quoted as saying by a Turkish newspaper.

The figure does not reflect the potential of Turkey, of which textile and apparel exports are around $29.5 billion yearly, he added.

ALCHEMPro News Desk (DS)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!