According to the data of the Turkish Exporters Assembly (TIM), the automotive industry was the sector that realized the most exports in February. The automotive industry, which signed $2 billion 556 million 445 thousand last month, was followed by the chemical materials and products with $2 billion 400 million 988 thousand, and the ready-made clothing and apparel industry with $1 billion 845 million 884 thousand.
The automotive industry was the sector that realized the most exports last month.
According to TIM data, the automotive industry, which made $2 billion 556 million 445 thousand last month, was followed by the chemical substances and products with $2 billion 400 million 988 thousand, and the ready-made clothing and apparel industry with $1 billion 845 million 884 thousand.
In February, the highest increase in exports was in ship and yacht services with 388.1%.
In the industrial group, which made up 75% of Turkey’s total exports last month, exports amounted to $15 billion 7 million 172 thousand with an increase of 25.6%.
In the aforementioned period, the agricultural group, which made up 13.9% of the total exports, reached $2 billion 784 million 139 thousand with an increase of 30.9%, and $476 million 83 thousand with an increase of 14.9% in the mining group, which received a 2.4% share from the total exports.
MOST EXPORTS WERE TO GERMANY
The top 3 exporting countries were Germany with $1.8 billion, the USA with $1.3 billion and the United Kingdom with $1.1 billion. The highest increase was recorded in the USA with $384 million, Iraq with an increase of $318 million and Germany with an increase of $291 million.
Looking at exports by country groups, exports to the EU, which is the largest market, increased by 22% and reached a volume of $8.4 billion. When other European countries other than the EU are included, the share of the European continent in February exports was 55.2%. In other country groups, exports were $3.5 billion to the Near and Middle East countries, $2 billion to the African continent, $1.5 billion to North America and $1.4 billion to the Far East.
The top 3 provinces with the highest exports were Istanbul with $8 billion, Kocaeli with $1.4 billion and Bursa with $1.3 billion, respectively.
EXPORTS BY TURKISH LIRA INCREASED BY 92% IN FEBRUARY
A total of ₺9 billion worth of Turkish lira was exported to 165 countries. Thus, exports in Turkish lira increased by 92% in February.
1,718 companies joined the export family by exporting for the first time in February.
Source: Sabah / Translated by Irem Yildiz