The country’s exports of knitted and crocheted clothing and accessories (HS Chapter 61) reached $4,011.727 million in January-May 2024, marking a 5.7 per cent decrease from $4,254.095 million in the same period of the previous year. Meanwhile, non-knitted apparel and accessories (HS Chapter 62) amounted to $3,223.388 million, representing a 12.0 per cent drop compared to $3,663.138 million in January-May 2023, as per the trade report of the top twenty chapters.
In May 2024, Turkiye’s exports saw a drop, easing by 1.27 per cent to $1,592.764 million. Exports of knitted and crocheted clothing and accessories gained by 7.1 per cent, totalling $914.588 million in May 2024, compared to $853.857 million in May 2023. Shipments of non-knitted apparel and accessories also declined, dropping by 4.9 per cent from $719.108 million in May 2023 to $684.176 million in the same month of 2024.
The imports of cotton, cotton yarn, and cotton textiles (HS Chapter 52) by Turkiye also dipped 11.9 per cent to $1,114.783 million in January-May 2024 from $1,265.076 million in the same period of last year. Its imports decreased by 4.3 per cent to $306.357 million in May 2024 from $315.045 million in the same period of last year. It is the only textile product featured in Turkiye's top 20 chapters in its imports in April 2024.
In 2023, the country’s apparel exports eased by 5.86 per cent to $18.321 billion from $19.463 billion in 2022. Turkiye's apparel exports were recorded at $18.294 billion in 2021.
ALCHEMPro News Desk (KUL)
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