Türkiye Eyes US$15bn in Textile Exports

Türkiye Eyes US$15bn in Textile Exports

The third edition of Texhibition Istanbul Fabric, Yarn and Textile Accessories Fair saw a 50% year-on-year jump in visitor numbers, with the Istanbul Textile Exporters’ Association (ITHIB) revealing an export target of US$15bn in the short term.

The Istanbul Textile Exporters’ Association (ITHIB) and the Istanbul Chamber of Commerce (ICOC) collaborated to organize the Texhibition Istanbul Fabric, Yarn and Textile Accessories Fair, which was held from March 8–10 at the Istanbul Expo Centre in Türkiye. There, 437 exhibitors displayed the newest innovations in fabrics, yarns, and accessories over 30,000 square meters in three halls.

Exhibitors included market leaders such as Kipaş, Bossa, Yünsa, Btd, Hefa, İskur,
Among others, Universal, Gülle, and Migiboy are showing the newest trends for spring/summer 2024. Mostly textiles (wovens, knits), accessories, prints, yarns, faux leather, and fibers were on offer.

The European Green Deal and sustainability were two of the show’s key industry topics. A total of 18,525 visitors attended with international visitors from 104 countries, the the Middle East, the EU, the UK, Eastern Europe, the USA, South America, and North Africa.

Türkiye Textiles: Facts and Figures

  • Around $13 billion in exports of textiles were made by Turkey last year.
  • Türkiye is already the second largest textile producer for the EU, globally Türkiye ranks fifth.
  • The biggest denim producer in the world is Turkey.
  • The fourth-largest supplier of home textiles, fabrics, and denim fabrics in the world as well as the fifth-largest yarn producer is the nation that lies between Europe and Asia.
  • Turkish production of denim even takes first place.

The Istanbul Textile Exporters’ Association (ITHIB) stated that the industry has ambitious goals for 2023 and the near future, including an increase in export volume to US$15 billion, of which US$7.5 billion is destined for the EU and US$1 billion is destined for the US.

“We will intensify our production growth and work even harder to increase exports. We help to heal the quake’s wounds by participating in the Texhibition Istanbul Exhibition. We stand together as a country to strengthen the Türkish textile industry and generate added value,” said The Istanbul Textile Exporters Association’s (ITHIB) chairman of the board is Ahmet Öksüz.

M. Fatih BİLİCİ, vice president of the board of the Istanbul Textile Exporters Association ITHIB, added: “The industry has shown a lot of interest, as we have seen. As an international center for effective upstream sourcing, Texhibition has made a name for itself. For the following edition in September 2023, additional innovations are planned. On sound growth is the main emphasis. In order to maintain a high level of show quality, participants are carefully chosen; for this event, there was a waiting list of 120 additional companies.”

Green Focus

Sustainability is a particular focus of the Turkish textile industry and was also highlighted in many ways at Texhibition.

The Circular Economy Action Plan of the European Green Deal is an important starting point for the Turkish industry to meet the requirements of European customers. Manufacturers’ top priority is to adjust to the specifications. This is why the textile industry is working very hard. Targeted initiatives on the sustainable use of natural resources include initiatives to cut water use, improve the energy efficiency of renewable energy sources, encourage the production of organic cotton, organize supply chains sustainably, achieve zero waste in production and export, implement the circular economy, and introduce tools for calculating carbon footprints.

Reference: www.just-style.com

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