of Turkey Textile Industry
Turkey is the
world's seventh largest cotton producer and the sixth largest textile/apparel
exporter. Turkey's largest export sector is textiles, which accounts
for 37 percent of the total exports. Turkey is in the top ten synthetic
fiber producers. With the new investments of USD 1 billion by the
existing eight largest manufacturers totaling, their production
capacities will increase from 655 tons to 2,000 tons per day.
These investments aim at decreasing imports and increasing Turkey's
share in the world markets. Turkey's world market share of spinning
and fabric production are as follows: ring spinning - 2.4 percent,
open-end spinning - 2.0 percent, shuttle looms - 2.5 percent, and
shuttleless looms - 1.4 percent. With initial investments in the
Southeastern Anatolia Project (GAP) the country's cotton production
increased to from 700,000 tons to 1 million tons per year.
Turkey's January 1, 1996 joining of the European Customs
Union brought with it the implementation of EU regulations, including
the recision of quotas on Turkish apparel exports to member countries.
These developments were expected to result in an increase in textile
exports, an enhancement of the investment climate, improvements
in quality, and increases in employment.
Therefore, there was an excess investment in the sector, at a time
when the European market slowed down.
Additional factors have also affected this sector. Germany is Turkey's
largest trade partner in textiles. Forty percent of Turkey's total
textile exports goes to the EU and nearly 40-50 percent of that
amount goes to
Germany. In 1997 the new candidate members of the EU were granted
protection from import duties and quotas. Imports into Germany from
countries such as Poland, Hungary, and Czechoslovakia had a negative
impact on the level of Turkish exports.
Statistics of Turkey Textile Industry