According to a note released by the Turkish Statistics Institute (TÜİK) on 25 August, Turkey was ranked the sixth largest textile and confection exporter of the world by making around 4 percent of such exports globally in 2014.
China topped the list with 41 percent, followed by India with 5.4 percent, Italy with 5.3 percent and Germany with 5 percent.
There has also been a decrease in the share of textiles trade in the world. While the share of the sector was 7 percent in global trade in 1995, this rate dropped to 4.6 percent in 2014.
In 2014, Turkey was one of the three countries which gave a trade surplus in the sector which was around $16 billion. China and India were the other two countries with trade surplus at $264.6 billion and $33.7 billion respectively. These countries were followed by the United States, Japan, Britain and Germany.
Loop Industries has partnered with Ester Industries to create a manufacturing facility in India to produce low-carbon recycled rDMT and…
Silk Laundry introduces its latest collection, "A View," merging conservation with fashion to foster "wearable conversations" about sustainable living.
Under Armour has introduced its first product utilizing Neolast: the Vanish Pro T-shirt, boasting lightweight, stretchy, breathable, and fast-drying qualities.
DKNY and Dubit have introduced a virtual collection of handbags, hats, and jackets from its new 'Heart of New York'…
Archroma, a leading provider of sustainable specialty chemicals, is set to unveil a comprehensive array of denim solutions at the…
Xefco has successfully secured US$6.9m in funding to advance the commercialization of its groundbreaking water-free textile dyeing and finishing solution.