{"id":42080,"date":"2021-10-07T17:18:20","date_gmt":"2021-10-07T14:18:20","guid":{"rendered":"http:\/\/www.textilegence.com\/?p=42080"},"modified":"2021-10-07T17:18:29","modified_gmt":"2021-10-07T14:18:29","slug":"turkish-textile-industry-increased-its-exports-by-41-percent","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/turkish-textile-industry-increased-its-exports-by-41-percent\/","title":{"rendered":"Turkish textile industry increased its exports by 41 percent"},"content":{"rendered":"\n<p>According to the export report published by the Istanbul Textile and Raw Materials Exporters\u2019&nbsp;Association (<a href=\"http:\/\/www.ithib.org.tr\/tr\/default.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u0130TH\u0130B<\/a>), the Turkish <a href=\"https:\/\/www.textilegence.com\/en\/category\/topical\/\" target=\"_blank\" rel=\"noreferrer noopener\">textile industry<\/a> achieved an export of 8.2 billion dollars in the January-August period of 2021 by increasing 41 percent compared to 2020 and 24 percent compared to 2019. In August, the sector realized an export of 1 billion dollars with an increase of 36 percent compared to the same period of the previous year, reaching the highest August export figure of all time.&nbsp;<\/p>\n\n\n\n<p>\u0130TH\u0130B&nbsp;Chair&nbsp;Ahmet \u00d6ks\u00fcz&nbsp;said that&nbsp;as the sector,&nbsp;they&nbsp;continue to break new records every month; \u201cBy the end of the year, we predict that we will reach our export target of 12 billion dollars by breaking the historical record of the Republic. Together with the ready-to-wear&nbsp;industry, we aim to have a foreign trade surplus of 18.6 billion dollars at the end of the year\u201d.&nbsp;\u00d6ks\u00fcz stated that they will continue to work as a sector in order to maintain their upward momentum in exports.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-we-export-to-approximately-190-countries\">\u201cWe export to approximately 190 countries\u201d<\/h2>\n\n\n\n<p>Ahmet \u00d6ks\u00fcz&nbsp;noted&nbsp;that this year, the textile industry broke a new export record almost every month by separating positively from the targets of the&nbsp;pandemic; \u201cOur exports increased in 83% of our export markets in the 8 months of the year. We export to approximately 190 countries. In the January-August period, the countries to which we exported the most were Italy with an increase of 56 percent, Germany with an increase of 20 percent and the USA with an increase of 51 percent, respectively. As an industry, we have realized exports worth 11.8 billion dollars in the last 12 months\u201d.&nbsp;<\/p>\n\n\n\n<p>\u00d6ks\u00fcz&nbsp;disclosed&nbsp;that they went up one step in world textile exports and rose to the&nbsp;fifth&nbsp;rank in 2020, and that the market share of Turkey, which is the second largest supplier of the EU, continues to increase in the European Union countries. Explaining that they get a share of 17.5 percent from the EU\u2019s imports as the Turkish textile industry, \u00d6ks\u00fcz stated that they recorded significant increases of up to 60 percent in all country groups, especially in the American Countries, Other European Countries and Former Eastern Bloc Countries, besides the EU.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2021\/10\/turk-tekstil-sektoru-detail.jpg\" alt=\"\" class=\"wp-image-42078\" srcset=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2021\/10\/turk-tekstil-sektoru-detail.jpg 1200w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2021\/10\/turk-tekstil-sektoru-detail-768x432.jpg 768w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2021\/10\/turk-tekstil-sektoru-detail-696x392.jpg 696w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2021\/10\/turk-tekstil-sektoru-detail-1068x601.jpg 1068w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption>Turkish textile industry increased its exports by 41 percent<\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-most-exported-product-was-yarn-with-an-increase-of-87-percent\">The most exported product was yarn with an increase of 87 percent<\/h2>\n\n\n\n<p>When the exports of the Turkish textile and raw materials sector are&nbsp;analysed&nbsp;on the basis of&nbsp;product groups in the January-August 2021 period, the yarn product group took the first place with an increase of 87%. Yarn exports increased by 81.3% in August. In the same period, technical textiles, the second most exported product group, decreased by 10.2%, while exports amounted to 1.6 billion dollars. In August, technical textile exports decreased by 21.6% to 179 million dollars. Home textile exports, which ranked third, increased by 36.6% in the January-August period and amounted to 1.5 billion dollars. The home textile product group increased by 25.8% in August and reached a value of 200 million dollars.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-usa-is-the-focal-point-of-the-turkish-textile-sector-exports\">USA&nbsp;is&nbsp;the focal point of the Turkish textile sector exports<\/h2>\n\n\n\n<p>The USA, which is the world\u2019s largest textile importer with 43 billion dollars of imports, is one of the most important target markets of the Turkish textile industry and is at the focal point of exports. Organized by \u0130TH\u0130B with the support of the Ministry of Trade and the Turkish Exporters\u2019&nbsp;Assembly at the beginning of 2020, the&nbsp;\u201cI Of&nbsp;The&nbsp;World New York\u201d, which is the only sectoral export products fair among the Exporters\u2019&nbsp;Associations, is very important in terms of the sustainable export targets of the sector in the USA.&nbsp;<\/p>\n\n\n\n<p>Despite the global&nbsp;pandemic,&nbsp;with the support of the fair and promotional activities, 2020 exports to the USA increased by 8 percent and amounted to 628 million dollars, reaching the highest export data of all time. In 2020, Turkey jumped one step in the USA\u2019s textile imports and rose to&nbsp;eighth&nbsp;place, while in the first 8 months&nbsp;of 2021, textile sector exports to the USA increased by 51 percent and reached 547 million dollars. \u0130TH\u0130B announced that they aim to exceed their annual exports to the USA in the first 9 months of 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the export report published by the Istanbul Textile and Raw Materials Exporters\u2019&nbsp;Association (\u0130TH\u0130B), the Turkish textile industry achieved an export of 8.2 billion dollars in the January-August period of 2021 by increasing 41 percent compared to 2020 and 24 percent compared to 2019. In August, the sector realized an export of 1 billion [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":42076,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9859],"tags":[10777,10776,10369,12450],"class_list":{"0":"post-42080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-topical","8":"tag-ithib-en","9":"tag-textile-exports","10":"tag-textile-news-en","11":"tag-topical"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Turkish textile industry increased its exports by 41 percent - Textilegence<\/title>\n<meta name=\"description\" content=\"According to the export report published by the Istanbul Textile and Raw Materials Exporters\u2019 Association, the Turkish textile industry...\" \/>\n<meta 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