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Turkiye's apparel & fabric imports from Egypt up, exports ease in 2022

During a high-level visit to Cairo after a decade of strained ties, Turkish foreign minister Mevlut Cavusoglu and his Egyptian counterpart Sameh Shoukry discussed various issues. Turkish companies pledged to invest about $*** million in Egypt to help the country overcome its financial crisis, according to local media reports. Turkish companies are active in various sectors, including textiles. 

Meanwhile, Turkiye&#**;s apparel imports from Egypt increased to $***.*** million in ****, up from $**.*** million in ****. The inbound shipment had declined to $**.*** million in **** from $***.*** million in ****, and further decreased to $**.*** million in ****, according to Fibre2Fashion&#**;s market insight tool TexPro.