Turkish textile industry eyes textile exports of US $ 15 billion – ChinaTexnet.com
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Turkish textile industry eyes textile exports of US $ 15 billion

2023-03-28 07:52:10 CCFGroup

The Istanbul Textile Exporters' Association (ITHIB) said 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.

The Turkish industry reached US $ 13 billion in exports last year. For the EU, Turkey ranks as the second largest textile producer while it ranks fifth globally. The country is the world's largest producer of denim, the world's fourth largest supplier of home textiles, fabrics and denim fabrics, and the fifth largest producer of yarns.

The textile industry has ambitious goals for 2023, said the Istanbul Textile Exporters' Association (ITHIB) which aims to have an increase in export volume to the tune of US $ 15 billion from which US $7.5 billion is destined for the EU and US $1 billion is destined for the US.

"We will increase our production in a concentrated way and boost exports with even greater motivation. With Texhibition Istanbul Exhibition, we contribute to healing the wounds left by the earthquake. We stand together as a country to strengthen the Türkish textile industry and generate added value," said Ahmet ?ksüz, chairman of the board of the Istanbul Textile Exporters Association (ITHIB).

M. Fatih B?L?C?, vice president of the board of the Istanbul Textile Exporters Association ITHIB, added, "We have noticed great interest from the industry. Texhibition has established itself as an international hub for efficient upstream sourcing. More innovations are being planned for the next edition in September 2023. The focus is on healthy growth. Participants are carefully selected to keep the quality standard of the show high, for this event we had a waiting list of 120 companies who also wanted to participate."

An important starting point for the Turkish industry is the Circular Economy Action Plan of the European Green Deal which will help the country meet the requirements of European customers with the top priority for manufacturers being an adaptation to these requirements.

Projects on the sustainable use of natural resources are being targeted, the biggest goals being to reduce water consumption, increase the energy efficiency of renewable energy sources, promote organic cotton cultivation, sustainable organization of supply chains, zero waste in production and export, circular economy and the introduction of tools for measuring the carbon footprint.

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