The actual textiles exports from Turkey to Malaysia in 2023 was 19.089 million USD. The forecasted values indicate a slight decrease year-on-year, with the exports expected to fall to 18.961 million USD in 2024, 18.835 million USD in 2025, and further down to 18.471 million USD by 2028. This corresponds to an annual decline of approximately 0.63% on average from 2024 to 2028.
Year-on-year variations in percentage:
• 2025 (compared to 2024): -0.66%
• 2026 (compared to 2025): -0.66%
• 2027 (compared to 2026): -0.65%
• 2028 (compared to 2027): -0.64%
CAGR (2024-2028): -0.63%
Future trends to watch for include potential changes in trade policies, economic conditions in Malaysia, and emerging market demands for textiles. Additionally, shifts in global supply chains and technological innovations in textile production could impact these forecasts. Monitoring these factors will provide deeper insights into the direction of Turkey's textile exports to Malaysia.
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