"EU's Imports from Turkey in First Quarter 2006 Country Report
3 July 2006
Turkey's apparel exports began sharply rebounding in May, after the new lira sharply fell against the euro and the US dollar. Lower currency value should help Turkish exporters is regaining market shares that were lost in the first quarter this year on the EU's clothing market.
As indicated by our statistical report below, Turkey is increasingly shifting to more expensive products, probably improving the quality of its exports in order to limit the current surge in low-cost competition from Asia."
More:EU's Imports from Turkey in First Quarter 2006 (Country Report) - Emerging Textiles - Textile Information