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Related Keywords: annual export revenue, EU countries, Iraq second largest export destination, textile sector exports, Turkey export, Turkish exporters assembly

Turkey’s exports increased from $36.1 billion in 2002 to nearly $158 billion in 2014 and a record high in annual exports revenue after "political and financial stability” was achieved in the country, according the Turkish Exporters’ Assembly.

The textile sector's annual exports were up 8 percent, accounting for $18.7 billion. The chemicals sector came in third after its exports grew by only 2.3 percent to $17.8 billion. However, the driving force of exports was the automotive sector, jewelry sector and the Turkish defense and aviation sectors.

Related Keywords: EU countries, GSP Plus status, knitted garment, Pakistan textile industry, value added export, woven garment, yarn export

Pakistan although granted with GSP Plus status has shown less increase in exports than non-GSP Plus India is not a good portent for Pakistan. India having graduated out of even GSP status that provides some relief in duties than the normal EU tariff as yet show remarkable growth in value-added exports to the EU in the first three months of 2014, said Pakistani experts concerned over Indian growth in textile exports to EU.