Turkey strengthens its textile industry expects fashion export of $19 million in 2020
In January, the country's fashion exports registered a year-on-year increase of 5.8%, according to the latest data from the Istanbul Apparel Exporters Association (Ihkib).
The fashion industry in Turkey, on the rise. The country expects to end 2020 reaching a record in its fashion exports. Specifically, the Turkish market plans to close the year with fashion sales abroad worth 19,000 million dollars, compared to 17,700 million in 2019.
Turkey is one of the productive hubs that is benefiting the most from the coronavirus epidemic, as it stands as a cluster of alternative production to the Chinese market.
In January, the country's fashion exports registered an annual increase of 5.8% according to the latest data from the Istanbul Apparel Exporters Association (Ihkib). In the first month of the year, Europe was Turkey's main customer.
Germany, Spain and the United Kingdom were the countries that most imported Turkish fashion goods in the period, registering a rise in exports of 4.7%, 8.7% and 3.9%, respectively. The Netherlands, France, the United States, Denmark, Iraq and Poland are also among the main importers of the Turkish fashion sector.
In parallel, Mustafa Gultepe, president of the Ihkib, has indicated that the coronavirus will positively affect the Turkish industry since the main fashion operators have moved their supplies to the country before the outbreak of the epidemic. However, it also affects the fall in the production of raw materials in China ballasted by the coronavirus.
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