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Turkiye apparel exports dip 6% but show stabilisation in Oct

Exports of knitted and crocheted goods (HS Chapter **) fell *.* per cent to $*.*** billion, down from $*.*** billion a year earlier. Woven apparel and accessories (HS Chapter **) recorded a sharper contraction of *.* per cent to $*.*** billion, compared with $*.*** billion in January–October ****. The steeper fall in HS ** reflects stronger price-based competition from Asian suppliers, especially in women’s and formal wear segments where cost sensitivity is high.

October data showed short-term stabilisation. Knitted and crocheted apparel exports inched up to $***.*** million from $***.*** million in October ****, indicating near-flat performance. Non-knitted apparel decreased *.* per cent year on year to $***.*** million from $***.*** million. Combined shipments under HS ** and HS ** declined only *.** per cent to $*.*** billion. This minor contraction suggests that order volumes are no longer falling at the pace seen in early ****.