Signs of growth for Turkey’s footwear exports
29/05/2019
In 2016, 2017 and 2018, the sector’s total export revenues were between $1.5 billion and $1.6 billion per year. Annualised, the figures for the first four months of 2019 suggest the total this year could be between $1.7 billion and $1.8 billion.
In the January-April 2019 period, footwear contributed export earnings of $390 million, two-thirds of the total. Leathergoods’ share was $77 million, while exports of semi-finished and finished leather brought in $72 million. Exports of garments made from sheep nappa and lamb double-face leather earned revenues of $46 million.
Russia was the biggest importer of these materials and finished products, spending $93 million over the four-month period, more than 15% of the total and more than double Italy’s spend of $45 million and Germany’s of $42 million.
Iraq was the fourth-biggest export market for Turkish leather over the period, with shipments worth $32 million going there. The UK was fifth with $22 million and Romania sixth with $21 million.