KOCAELI – Exports of machine made carpets in Turkey surpassed the US$0.5 billion threshold in the first quarter of 2014, suggesting that a global top spot is likely according to the figures of Istanbul Textile and Apparel Exporter Association.
Turkey has become the second largest carpet exporter in 2013 with a $2.2 billion worth of exports, an all time record after China, which exports $2.4 billion of carpets annually.
According to the Association's figures, Turkey's machine made carpet exports increased by 9.9 percent from $497 million in first quarter of last year to $546 million in same period of 2014.
In 2014, exporters are setting their sights on $2.4 billion worth of exports to topple the reigning champion China - a feat achieved four years ago with the Netherlands and with Belgium two years ago.
Currently China leads the competition in the carpet market worths of $13.6 billion exports ,followed by Turkey, Belgium and India.
The sector accounted for 1.45 percent of Turkey's overall exports in 2013.
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