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TURKISH TEXTILE INDUSTRY MAINTAINS ITS RESILIENCE

In a difficult year marked by shrinking global demand and declining export volumes, Türkiye’s textile and raw materials sector closed 2024 with exports totaling $11.5 billion. Although there was a slight year-on-year decrease, the industry successfully demonstrated its resilience and strategic strength amid a global crisis environment.

 

Over the past three years, global textile exports have contracted by $34 billion and apparel exports by $24 billion; yet Türkiye stood firm against this downturn, proving its competitive strength on a global scale. Particularly notable was its ability to maintain its foothold—and even gain market share in certain segments—in critical markets like the European Union and the United States.

 

While the EU’s textile imports from around the world fell by 2.7% in 2024, Türkiye maintained its stability in this market and increased its market share over the past three years. Meanwhile, the US market is gaining strategic importance for Türkiye’s textile sector. With textile exports to the US exceeding $780 million in 2024, Türkiye has become the country’s eighth-largest supplier. The short-term goal is to break into the top five and further solidify its position in this key market. Thanks to its high production quality, sustainability-focused approach, and fast delivery capabilities, Turkish textiles continue to be not just a regional player but an indispensable part of the global value chain.

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