ISTANBUL - The Turkish textile industry should be happy with the current export figures, which are still strong despite the ongoing crisis, said Pierluigi Berardi, sales manager for Europe, Middle East and South Asia at Invista, one of the world’s largest producers of integrated fibers and polymers.

The Turkish textile sector has experienced a notable slowdown since the crisis escalated this autumn, and recorded a 26 percent decrease in exports in November 2008, said Berardi in Istanbul yesterday.
"However, when the first 10 months of the year is taken into account, exports increased by 25 percent in Turkey and that is a success considering in China exports were up by only 15 percent during the same period."

In order to increase its role in the global textile industry, Turkey needs to stabilize its currency, which has been going up and down lately, and watch out for its competitors in Asia, he said.