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Turkiye’s exports up 1.3%, imports rise 2.6% YoY in Nov 2025

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Turkiye’s exports up 1.3%, imports rise 2.6% YoY in Nov 2025



Turkiye’s exports were worth $22.536 billion in November this year—a 1.3-per cent increase year on year (YoY), while imports were worth $30.518 billion—a 2.6-per cent rise YoY, according to provisional data from the Turkish Statistical Institute and the Ministry of Trade.

In January-November 2025, exports were worth $247.23 billion—a 3.6-per cent increase, while imports during the period were worth $329.698 billion—a 5.7-per cent increase YoY.

In November, foreign trade deficit amounted to $7.982 billion—a 6.3-per cent increase YoY.  In January-November 2025 period, it was $82.674 billion—a 12.6-per cent increase YoY.

Turkiye’s exports were worth $22.536 billion in November—a 1.3-per cent increase YoY, while imports were worth $30.518 billion—a 2.6-per cent rise YoY, according to provisional official data.
Foreign trade deficit in the month was $7.982 billion—a 6.3-per cent increase YoY.
The main partner country for exports in November was Germany, while the top country for imports was China.

Exports excluding energy products and non-monetary gold were worth $21.296 billion in November—a 3.2-per cent increase YoY.

Imports excluding energy products and non-monetary gold were worth $23.25 billion in the month—a 6-per cent increase YoY.

Foreign trade deficit excluding energy products and non-monetary gold was $1.854 billion in November.

Foreign trade volume in the month was worth $44.647 billion—a 4.6-per cent increase YoY.

In November, the share of the manufacturing sector in total exports was 93.2 per cent, a Turkstat release said. In January-November 2025, that share was 94.4 per cent.

The main partner country for exports in November was Germany, with exports worth $1.855 billion. It was followed by the United Kingdom ($1.378 billion), the United States ($1.338 billion), Italy ($1.222 billion and Iraq ($1.163 billion. The share of these five countries in Turkiye’s total exports was 30.9 per cent in the month.

In January-November 2025, the main partner country for exports was Germany, with exports worth $20.408 billion. It was followed by the United Kingdom ($15.19 billion), the United States ($14.764), Italy ($12.204 billion) dollars and Iraq ($11.45 billion). The share of these five countries in total exports was 29.8 per cent during the period.

In November, the top country for Turkiye’s imports was China, with imports worth $4.153 billion. It was followed by Russia ($3.128 billion), Germany ($2.491 billion), Switzerland ($2.32 billion), the United States ($1.488 billion). The share of these five countries in total imports was 43.6 per cent.

In January-November 2025, the top country for imports was China, with imports worth $44.927 billion. It was followed by Russia ($38.625 billion), Germany ($27.87 billion), the United States ($16.59 billion), Switzerland ($14.312 billion). The share of these countries in imports was 42.8 per cent.

In November, seasonally- and calendar-adjusted exports and imports increased by 2.2 per cent and 1.2 per cent month on month (MoM) respectively; the YoY increases were 4.6 per cent and 6.1 per cent respectively.

Fibre2Fashion News Desk (DS)



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Primark to double Romania store count, the first two arriving in Sibiu and Bacău

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Primark to double Romania store count, the first two arriving in Sibiu and Bacău


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January 7, 2026

Following major expansion in Italy last year, Primark’s European expansion programme continues apace as the value fashion/lifestyle retailer intends to now grow operations in Romania.

Four new stores have so far been confirmed to open in Sibiu and Bacău, joining planned openings in Iași and Craiova, doubling its presence to eight in the market and creating over 450 new jobs.

The announcement comes as the company celebrates its anniversary in the market this week, marking three years since the opening of its first Romanian store in ParkLake Shopping Centre, Bucharest.

The new stores will be located in Sibiu Shopping Centre and Arena Mall Bacău, joining previously announced locations in Electroputere Mall, Craiova and Palas Mall Iași, adding a total of 10,870 sq m of retail space across the country.

They join the four “successful” stores in the market: two in Bucharest, one in Timișoara and one in Cluj-Napoca.

The stores in new regions will introduce Primark’s latest fashion pieces, as well as everyday essentials across clothing, beauty, lifestyle and home categories. The stores will also stock the growing Primark Cares range.

Maciej Podwojski, Head of CEE, Primark said: “Since opening our first store just three years ago, we have grown a strong business with a loyal and ever-expanding customer base. As a retailer with a strong focus on physical stores, we know that much of this success is thanks to our exceptional retail teams.”

Last year, Primark announcing a further €40 million (£34 million) investment with five new Italian stores planned for Rome, Biella, Perugia and two in Naples, following a €50 million investment in the country in 2023.

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Vietnam’s industrial output up 9.2% in 2025; highest level since 2019

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Vietnam’s industrial output up 9.2% in 2025; highest level since 2019



Vietnam’s industrial production rose by 9.2 per cent last year, accelerating from an 8.2-per cent year-on-year (YoY) increase in 2024 and marking the strongest performance since 2019, according to the National Statistics Office (NSO).

Manufacturing and processing led the expansion, rising by 10.5 per cent and contributing 8.4 percentage points to overall growth.

Vietnam’s industrial production rose by 9.2 per cent last year, accelerating from an 8.2-per cent YoY rise in 2024 and marking the strongest performance since 2019.
Manufacturing and processing led the expansion, rising by 10.5 per cent and contributing 8.4 percentage points to overall growth.
December saw a 10.1-per cent YoY growth in industrial output, driven by a 11.9-per cent rise in manufacturing.

Power generation and distribution increased by 6.7 per cent, adding 0.6 percentage points.

In the fourth quarter (Q4) of 2025, industrial output grew by 9.9 per cent year on year, with manufacturing up by 10.8 per cent.

December alone saw a 10.1-per cent YoY growth in industrial output, driven by a 11.9-per cent rise in manufacturing.

Natural gas output fell by 5.6 per cent YoY last year. All 34 provinces and cities recorded industrial growth during the year.

Industrial employment increased by 2.4 per cent YoY as of December 1, with companies adding 0.8 per cent more workers compared to November.

Manufacturing consumption index rose by 9.9 per cent for the entire year, easing from 11.4-per cent growth in 2024.

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Coty UK, Ireland turnover dips on tough consumer beauty market

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Coty UK, Ireland turnover dips on tough consumer beauty market


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January 7, 2026

Coty has faced major challenges in its global operations and Coty UK&I’s latest accounts filing shows that its British and Irish business wasn’t immune to that, although it remains a key beauty operator.

Rimmel

The accounts cover the 12 months to the end of June 2025 with turnover falling to £326.3 million from £335.3 million. The gross profit margin dropped to 40.9% from 41.4% and operating profit was down to £7.6 million from £8.6 million while the operating profit margin narrowed to 2.3% from 2.6%. 

But there was better news on profit before tax as it jumped to £9 million from a loss of £53.4 million the year before. Net profit also moved in the right direction, reaching £7.1 million after the £56.8 million loss in the previous year.

Not that this tells the whole story. In the previous year the owner of key brands such as Rimmel London and Cover Girl had swung from a pre-tax profit of £9.9 million to a loss of £53.4 million. But the accounts statement listed a £134.7 million one-off impairment charge for the year. Without that it had seen an increase in both turnover and operating profit.

That wasn’t the case this time on the turnover front as the company said the business “experienced a slowdown in retail demand in the consumer beauty business leading to a 2.7% reduction” in turnover.

And of course, the absence of any impact impairment charges is what was behind the big difference in the profit figure, showing that the business does remain very profitable. The directors also said that they consider the reduced 2.3% operating margin to be “acceptable”.

During the year, Coty maintained its media investment across both consumer beauty and prestige brands, focusing on major celebrations to drive sales. Additionally it invested in enhancing online platforms to further promote sales and strength and digital engagement.

It will be interesting to see what the 2025/26 results show this time next year. As mentioned, the global parent company has been facing challenges and this has led to it reviewing its overall strategy. 

Back in September it said that it had launched a strategic review of its consumer beauty business that could lead to the sale of some brands as it plans to focus on its more profitable fragrances unit.

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