...

Demand for Turkish-made clothing in Georgian markets lowers

Business Materials 31 August 2020 15:52 (UTC +04:00)
Demand for Turkish-made clothing in Georgian markets lowers

BAKU, Azerbaijan, Aug. 31

By Rufiz Hafizoglu - Trend:

The export of ready-made clothes from Turkey to Georgia declined by 14.18 percent in the first 7 months of 2020, compared to the same period of 2019, making up over $44.5 million, the Turkish Ministry of Trade told Trend.

In July 2020, Turkey exported ready-made clothes worth $6.6 million to Georgia, which is 8.1 percent less than in July last year.

Turkish ready-made clothes’ export to world markets decreased by 15.3 percent from January through July 2020, compared to the same period of 2019, amounting to $8.7 billion.

The ministry noted that the export of ready-made clothes was 9.8 percent of the country's total export during the reporting period.

In July 2020, Turkey exported the ready-made clothes worth $1.8 billion to world markets, which is 8.4 percent more compared to the same month of 2019, the ministry said.

Exports of ready-made clothes in July 2020 accounted for 12.1 percent of the country's total export.

Over the past 12 months (from July 2019 through July 2020), Turkey exported the ready-made clothes worth over $16 billion abroad.

---

Follow the author on Twitter: @rhafizoglu

Tags:
Latest

Latest