Turkey’s textile exports to Egypt increased by 30% in the first 10 months

According to the ‘Textile and Raw Materials Sector Export Performance in October 2024’ report published by ITHIB, the textile and raw materials sector ranked 8th in Türkiye’s overall exports with a share of 4.4% in the January-October 2024 period, while apparel and garment was the 5th sector with the highest exports with a share of 6.1%. Compared to the same period of the previous year in January-October 2024, Egypt was the country with the highest increase in Türkiye’s textile exports with 30.3% on a value basis and 71.7% on a unit basis. During this period, textile exports to Egypt increased from 285 million to 371 million dollars, followed by Spain with a 12.7% increase, Morocco with a 10.9% increase, and the USA with a 67.7% increase. During this period, the top 5 countries with the highest textile exports in value were Italy, the USA, Germany, Spain and the UK, respectively.

When textiles and apparel are considered together, it is the industry that exports the most after the automotive and chemicals and products. Textile and raw material exports decreased by 2.3% in the January-October period compared to the same period of the previous year, decreasing to 9.5 billion dollars, while the apparel and garment realized exports of 13.2 billion dollars, decreasing by 7.9%.

European Union (EU) countries maintained their weight in Turkish textile exports both based on unit (38.1%) and value (41.3). In the first 10 months of 2024, textile exports to EU countries increased by 8.5% on a unit basis and decreased by 1.4% on a value basis compared to the same period of the previous year.

The highest increase in value was experienced in African countries, which ranked 2nd with a share of 11.6%, and in the American continent, which ranked 3rd with a share of 8.8%. During this period, exports to African countries increased by 1.1 billion dollars, and to countries in the American continent by 7.2 percent, with a value of 830.4 million dollars, compared to the same period of the previous year. When textile exports were examined in terms of quantity during the same period, the highest increase of 15.9 percent was seen in former Eastern Bloc countries.