Turkey Exports
The Turkey textile industry which has been placed to be the world’s second-largest product group in exports has recorded an 8% increase year-on-year in exports. They have hit $1.18 billion in July.
Uludağ Exporters Union (UIB) and Turkish Exporters Assembly (TIM) data reports stated that the textile and ready-to-wear industry exported to over 150 countries in July.
The total exports have reached $8.79 billion in the first half of 2020 and have posted a 15% decrease compared to the previous year.
Germany was among the first countries to receive Turkish textiles in July with $349.1 million which has accounted for 15% increase year-on-year. Spain and U.K followed Germany with $248 million and $ 183 million respectively.
The exports in the US increased by 53% in the same time frame when compared to the previous year and has reached $109 million.
The overall exports in Turkey reached its highest in 202 as they have made over $15 billion amid a rapid recovery from the pandemic.
The country’s Export Climate Index (ECI) for the manufacturing sector has experienced an incline in July.
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.
Researchers are exploring mushroom roots, mycelium, as a sustainable alternative to synthetic fibers in various products, including clothing and car…
Coachtopia has partnered with upcycle designers worldwide to give a fresh look to its popular Ergo bag, highlighting sustainability through…
France announced that the G7 will focus on tackling the environmental and climate effects of the fashion and textiles sector…