UTIB Increased its Export Volume by 4,41 % in February

UTIB recorded an export volume of 1 billion 231 million 500 thousand dollars by closing the year 2012 with an increase of 10 % above the average in Turkey

  18 March 2013 18:31 Monday
UTIB Increased its Export Volume by 4,41 % in February

Member firms of Uludağ Textile Exporters Association (UTIB) reached an export volume of 105 million 535 thousand dollars in February. Recording an export volume of 109 million 68 thousand dollars in the first month of 2013, UTIB had a good start in this year with an export increase of 23,9 %. The association also recorded an export volume of 105 million 535 thousand dollars in February by increasing it by 4,41 % in comparison to the same month of the previous year. Reaching an amount of 214 million 603 thousand dollars in the first two months of this year in total, UTIB observed an increase of 13,48 % in total export volume in comparison to january and february of the previous year. UTIB recorded the 12-month export volume as 1 billion 235 million 721 thousand dollars with an increase of 9,29 %.

The target for 2023 is 4 billion dollars

Expressing that their target for 2013 as association is 1, 4 billion dollars, Chairman of UTIB, İbrahim Burkay explained the export target for 2023 as 4 billion dollars. Burkay stated that: “If we want to reach 2023 targets as the whole country, we should position ourselves according to the economic dynamics changing in the world. Our orientation towards alternative markets following the shrinkage experienced in the EU economies sets a important model for this positioning. As country, the share of our export to EU countries in the last 5 years, in particular, decreased considerably. Althouh our export volume to EU decreased with orientation towards alternative markets, we continued increasing our export share in total. Being the most important market of the sector for years, Europe Union was replaced by alternative markets in terms of importance.” He also emphasized that Turkey can not proceed with its historical export amounts and should turn into a country which integrates technology into its production systems and exports technologies.


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