In 2023, Turkey's textiles exports to India stood at USD 40.980 million. The forecast for 2024 is USD 41.615 million, followed by incremental annual increases reaching USD 43.891 million by 2028. Year-on-year changes show a consistent growth with a slight upward trend, marked by a 1.4% rise from 2024 to 2025, 1.4% from 2025 to 2026, and 1.3% from 2026 to 2027. Over the entire five-year forecast period, the Compound Annual Growth Rate (CAGR) is approximately 1.4%, indicating steady growth ahead.
Future trends to watch for:
- Potential impacts of trade policies and regulations between Turkey and India.
- Global economic conditions and their effects on consumer demand.
- Technological advancements in textile manufacturing and their adoption rates.
- Currency fluctuations and their impact on export values.
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