Turkey to seek $15B textile exports by 2023
Being the world's 5th largest textile exporter, Turkey is expecting positive growth for the financial year 2023. There was a minor increase in Turkey's textiles exports this year. According to the Turkey customs data reports, around 12.9 billion dollars exports were recorded for Turkey this year. Compared to last year, it was just 0.6% more. Textiles is the 3rd largest exported commodity from Turkey. Turkey’s textiles exports remained stable throughout the year. The Turkish government is aiming for 15 billion dollars textile exports by 2023. Turkey export data suggests that the major buyers of Turkish textiles were mainly European and African countries. In 2022, Turkey exported over 5.5 billion dollars to leading European destinations. There was a shortfall of 5% in comparison to FY 2021. As per our Turkey import export data , there was an increase of 7% in Turkish textile exports to African countries. Turkey's exports to African nations totaled 1.4 billion dollars. Re...