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Turkey's export of ready-made clothing to Iran slumps

Türkiye Materials 29 May 2020 12:37 (UTC +04:00)
Turkey's export of ready-made clothing to Iran slumps

BAKU, Azerbaijan, May 29

By Rufiz Hafizoglu - Trend:

Turkey’s export of ready-made clothing to Iran decreased by 97.27 percent from January through April 2020 compared to the same period of 2019, equaling to $3.4 million, Turkey’s Ministry of Trade told Trend.

In April 2020, the export of ready-made clothing from Turkey to Iran dropped by 99.6 percent compared to the same month of 2019, amounting to $121,000.

In the first four months of 2020, Turkey’s export of ready-made clothing to world markets dropped by 20.1 percent, compared to the same period of 2019, amounting to $4.7 billion. Meanwhile, Turkey’s export of ready-made clothing amounted to 9.3 percent of the country’s total export.

In April 2020, Turkey exported the ready-made clothing to world markets worth over $575.8 million, which is 61.7 percent less compared to the same month of 2019. In this month, the export of Turkish ready-made clothing amounted to 6.4 percent of the country's total export.

From April 2019 through April 2020, Turkey’s export of ready-made clothing reached $16.4 billion.

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Follow the author on Twitter: @rhafizoglu

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