Home breadcru News breadcru Import/Exports breadcru Turkiye's textile imports reach $7.7 bn in Jan-Oct 2023

Turkiye's textile imports reach $7.7 bn in Jan-Oct 2023

09 Jan '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Textile imports of Turkiye During January to October 2023 totalled $7.761 billion, with cotton constituting 31.44 per cent.
  • There was a notable drop in cotton import by 42.65 per cent from the corresponding period in the year 2022.
  • Other key imports of the country included man-made filaments and staple fibres, which also saw decreases.
Turkiye has imported textile products, including cotton and man-made fibre and fabric, worth $7.761 billion during January-October 2023. Out of the total textile imports, cotton (Chapter 52) imports were valued at $2.440 billion during the period, accounting for 31.44 per cent of the total. Man-made filaments; strips and the like of man-made textile materials (Chapter 54) and man-made staple fibres (Chapter 55) imports were valued at $1.892 billion and $1.421 billion, respectively. 

Textile products under Chapters 54 and 55 constituted 24.38 per cent and 18.32 per cent of the total imports during the period, respectively. The import of fabric; knitted or crocheted (Chapter 60), was valued at $494.483 million, which is 6.37 per cent of the total, and textile fabrics (Chapter 59) at $429.500 million (5.53 per cent). Wadding, felt and nonwovens, special yarns (Chapter 56) were $362.184 million (4.67 per cent), wool, fine or coarse animal hair (Chapter 51) $310.751 million (4 per cent), vegetable textile fibre (Chapter 53) $232.716 million (3 per cent), fabrics (Chapter 58) $158.744 million (1.99 per cent) and silk (Chapter 50) $22.852 million (0.29 per cent), according to Fibre2Fashion’s market insight tool TexPro. 

Cotton imports by Turkiye dropped by 42.65 per cent from $4.254 billion in January-October 2022. The inbound shipment of man-made filaments and man-made staple fibres also decreased by 23.76 per cent and 27.56 per cent, respectively. 

During 2022, Turkiye’s total textile exports were valued at $12.385 billion. Out of this, cotton imports accounted for $4.831 billion (39.01 per cent), man-made filaments $2.877 billion (23.23 per cent) and man-made staple fibre $2.252 billion (18.19 per cent), as per TexPro.

ALCHEMPro News Desk (KUL)

Get Free Weekly Market Insights Newsletter

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