Related Keywords: textile export, textile exports of Turkey, textile import from China, textile import from India, textile import from turkey, textile trade surplus, world textile market
According to a note released by the Turkish Statistics Institute (TÜİK) on 25 August, Turkey was ranked the sixth largest textile and confection exporter of the world by making around 4 percent of such exports globally in 2014.
China topped the list with 41 percent, followed by India with 5.4 percent, Italy with 5.3 percent and Germany with 5 percent.
There has also been a decrease in the share of textiles trade in the world. While the share of the sector was 7 percent in global trade in 1995, this rate dropped to 4.6 percent in 2014.
