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Import of Turkish clothes by Iran plunges

Business Materials 23 September 2020 17:41 (UTC +04:00)
Import of Turkish clothes by Iran plunges

BAKU, Azerbaijan, Sept. 23

By Rufiz Hafizoglu – Trend:

Turkey's export of ready-made clothes to Iran slumped by 94.77 percent from January through August 2020, compared to the same period of 2019, making up $7.2 million, the Turkish Ministry of Trade told Trend.

In August 2020, the value of export of Turkish clothes to Iran increased by 4.77 percent compared to August 2019, has amounted to $1.38 million, said the ministry.

The export of the Turkish ready-made clothes to the global markets decreased by 12.3 percent from January through August 2020, compared to the same period of 2019, amounting to $10.3 billion.

The ministry noted that the export of ready-made clothes was 10.1 percent of the country's total export during the reporting period.

Turkey exported the ready-made clothes worth $1.5 billion to the international markets in August 2020, which is 10.9 percent more compared to the same month of 2019, the ministry said.

Meanwhile, the export of ready-made clothes accounted for 12.4 percent of the country's total export.

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

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