Türkiye’s textile industry aims to become the top exporter in the world
Turkish Free Daily reported that the Turkish textile industry has increased its global trade market share in the past few years and has set a goal to become the top 3 in the global market. Ahmet Oksuz, chairman of the Istanbul Textile and Raw Materials Exporters Association (ITHIB), said at the top textile exporters award ceremony that Turkey has reached its goal set four years ago to make Turkey the top five textile exporters in the world, and Turkey has surpassed South Korea. , Italy became the fifth in the world, and now Turkey aims to become the top three in the world.
Chairman Oksuz said that Turkey’s domestic industry has increased its market share in global textile exports to a record high of 3.6%. Despite challenges in the global economy, Turkey’s textile industry is well managed and has made the country the fifth largest supplier in the world. Over the past three years, investment in the domestic textile industry has exceeded US$2 billion. These investments will help Turkey achieve its goal of becoming the top three global textile exporters.
Mustafa Gultepe, chairman of the Turkish Exporters Association (TIM), said that Turkish textile companies are exporting their products to more than 200 countries around the world. In the first nine months of 2022, textile and garments Export value reached US$24 billion, and he is confident that exports this year will exceed US$32 billion. Mustafa Varank, the country’s Minister of Industry and Technology, said that Turkey’s textile industry has the potential to climb the global rankings and become a top player.
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