Home breadcru News breadcru Trade breadcru  | Vietnam's fabric exports to Turkiye slow down after 2022's steep rise

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Vietnam's fabric exports to Turkiye slow down after 2022's steep rise

25 Sep '23
1 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Vietnam's fabric exports to Turkiye have substantially slowed in 2023, with Q1 witnessing a dip to $**** million, and early Q2 (April-May) plummeting further to $**** million.
  • This decline follows a 2022 peak where exports more than doubled to $******** million.
  • Turkiye was Vietnam's 8th largest fabric market in 2022, but now it ranks 11th.

According to recent data from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro, Vietnam exported fabric valued at $**.*** million in **** to Turkiye, which significantly rose to $**.*** million in ****. This uptick was preceded by shipments worth $**.*** million in **** and $**.*** million in ****.

A quarterly breakdown shows a decrease to $*.*** million in Q* ****, down from $**.*** million in Q* **** and $**.*** million in Q* ****. The early months of Q* **** (April-May) saw trade fall to $*.*** million.

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