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Panama participates into ITM 2018 for the first time

Related Keywords: ITM 2018 Exhibition, Panama Colon Free Zone, ready-made clothing, Textiles

A surprise country will take place at the ITM 2018 Exhibition, in which the heart of the textile world will beat and the sector leaders will be introducing their latest technological products, in the present year. The Panama Colon Free Trade Zone, the world's second largest free trade zone, will take part at its booth at ITM.

Turkey experienced loss in textile exports to Russia to nearly 24.92 pc in 2014

Related Keywords: decrease in value of ruble, exports to Russia, losses in Russian market, ready-made clothing, Turkey, Turkey textile sector, Turkish Exporters' Assembly

Turkey has been experiencing difficult times with its exports to Russia which has declined by 14.6 percent, dropping to $6.57 billion in 2014 compared to $7.96 billion in 2013 due to the decrease in the value of the ruble.

According to the records of the Turkish Exporters' Assembly (TİM), Turkey's total exports rose to $157.62 billion with an increase of 4 percent in 2014. Unlike the increasing export rates in 2014, big losses occurred in the Russian market, having a large impact on all sectors, as Russia is one of the top export markets for Turkey.

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