Turkish Fashion Exports Surpass Last Year’s Sales - SolidRumor.com

Turkish Fashion Exports Surpass Last Year’s Sales

 Turkish Fashion Exports Surpass Last Year’s Sales

A garment worker in Istanbul, Turkey. Shutterstock.

The country’s textile industry expects to close 2020 with fashion sales of around $19 billion, up from $17.7 billion the year prior, according to the Global Fashion Business Journal citing figures released by the Istanbul Apparel Exporters Association. Turkey’s fashion exports saw a year-on-year increase of 5.8 percent in January.

The success is partly driven by European companies’ nearshoring efforts during the pandemic. Turkey has served as an alternative manufacturing hub for fashion brands that have been cut off from Chinese exports due to supply chain disruptions. Countries that imported the most Turkish fashion products during the period were Germany, Spain and the United Kingdom, which saw an increase in 2020 exports of 4.7 percent, 8.7 percent and 3.9 percent respectively.

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