Business

Istanbul Exporters made $3.6 billion exports in the first half of 2020

According to the statement of Istanbul Exporters’ Associations (IIB), their 7 exporter unions made an export worth 3 billion 600 million dollars in the first half of 2020; there is 1.2 percent of increase in export compared to first half of 2019. IIB became the third association that increased it’s export the most; IIB exported to 188 countries and covered the 5.2 percent of the total country export in the first half of the year.

The most export was made to Iraq in the first half

IIB made the most value-based export to Iraq that is valued at 270 million dollars in the first half of 2020; these exports were mostly; poultry, animal products, furniture, paper and forest products.

The other countries that IIB exported to the most are Germany, USA, Italy and United Kingdom. The exports sent to Germany were hazelnut and hazelnut products, cereals, legumes and oily seeds; the exports sent to USA were cereals, legumes, oily seeds, furniture and paper; the exports sent to Italy were hazelnut and hazelnut products, ship and yacht; the exports sent to UK were furniture, paper and forest products, cereals, legumes and oily seeds.

Besides, IIB made more than 578 million dollars of export in June 2020 and increased it’s export by 35.7 compared to June 2019.  

IHBIR export is valued at 950 million dollars

Istanbul Cereal, Legumes, Oily Seeds and Their Production Exporters Union (IHBIR) made nearly 950 million dollars of export in the first half of 2020; also, made more than 155 million dollars of export in June and increased it’s exporting by 45 percent compared to June 2019.

Istanbul Wood and Forestry Products Exporters Union made nearly 830 million dollars of export in the first half of 2020; also, made 154 million dollars of export in June and increased it’s export by 36.3 percent compared to June 2019.

Ship, Yacht and Related Services Exporters Union (GYHIB) made 500.5 million dollars of export in the first half of 2020; also, made more than 88.3 million dollars of export in June and increased it’s export by 58.8 compared to June 2019.

The most increase in Turkish exports is seen in hazelnut

Industry of hazelnut and it’s products has the most export increase in the first 6 months of 2020. Istanbul Hazelnut and It’s Products Exporters Union (IFMIB) made 355 million dollars of export in the first half of 2020 and had a 20.4 increase when we compare the first halves of 2019 and 2020; union also made 33.5 million dollars of export in June and increased it’s export by 32.3 percent compared to June 2019.

Istanbul Water and Animal Products Exporters Union (ISHIB) made 350 million dollars of export in the first half of 2020, also made 55 million dollars of export in June and increased it’s export by 14.6 percent compared to June 2019.

Istanbul Raw Fruit and Vegetable Exporters Union made 180 million dollars of export in the first half of 2020 and had 17.6 percent of increase when we compare the first halves of 2019 and 2020; union also made 34 million dollars of export in June with 51.6 percent of increase compared to June 2019.

Istanbul Dried Fruits and Their Products Exporters Union (KUMIB) made 79 million dollars of export in the first half of 2020 and 10.5 million dollars of export in June with 19.5 percent of increase compared to June 2019.

‘’Turkey successfully pulled through these difficult times.’’

Muhsin Çakıcı, the President Coordinator of Istanbul Exporters’ Associations stated that:

‘’Even though there has been a global pandemic dominating the world economy, we still have 1.2 increase in our export compared to last year and that is a success. Our export started to recover as from June as a normalization period. We see that foodstuff demand increased in all world markets during the pandemic; this once more, reminded us the importance of agriculture.

Turkey successfully pulled through these difficult times. We need to maintain our place in world markets by presenting products with high added value. Istanbul Exporters, mainly focused on digital marketing during the pandemic; we held online trainings and online procurement committees and we also continued our R&D studies.  We especially continue informing our members about e-export and we predict that by the end of the year there will be more increase in exports.’’

source: AA / translated by Bazaar Team

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button