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Turkish Garment Exports See Strong Demand in First Half

Turkey’s garment exports have been boosted by a retail restoration in key European markets. Shutterstock

Turkish garment exporters noticed shipments to overseas markets develop by 27 p.c year-on-year from January to July, reaching $11.1 billion, boosted by a retail restoration in European markets.

Germany was the sector’s largest export market at $1.9 billion, adopted by Spain at $1.5 billion and the UK at $1.2 billion.

Turkey’s garment exports might hit $20 billion by the tip of the 12 months, Burak Sertbas, chair of the Aegean Prepared Put on and Confection Exporters’ Union, advised a Turkish newspaper.

Be taught extra:

Turkey’s Trendyol Raises $1.5 Billion, Valuing It at $16.5 Billion

The Alibaba-backed firm has emerged as a pacesetter in Turkey’s fragmented e-commerce market.

https://www.businessoffashion.com/news/global-markets/turkish-garment-exports-see-strong-demand-in-first-half | Turkish Garment Exports See Robust Demand in First Half

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