A comparison of Turkey's and Iran's textile industry exports
Textiles include products such as fabric and apparel. These products are made using various yarns and fibers, including cotton, wool, silk, and synthetic materials.In 2020, the value of Turkey's textile exports reached 31.3 billion dollars. This amount is one billion dollars less compared with 2018. But an examination of Turkey's export trend shows that over the past twenty years it has experienced continuous growth.
By contrast, the value of Iran's textile exports in 2020 fell significantly relative to previous years. In the same year, the value of Iran's textile exports reached its lowest figure, namely 155 million dollars.
In 2018, Iran lost the Iraqi market, one of the largest consumer markets of the textile industry. This is while in 2018 the value of textile exports to Iraq had reached 538 million dollars. Iran currently exports fabric to three Asian countries: Azerbaijan, Japan, and the UAE. But the main destination of Turkey's textiles is European countries. Germany has been the principal buyer of Turkish fabrics throughout the past twenty years.
In your view, what is the most important factor in the decline of Iran's textile industry exports?
See the original infographic (Persian)
Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian