The total volume of Turkish exports during the first third of 2023 amounted to about 80 billion and 873 million dollars, recording a decline of about 3% compared to the same period in 2022.
The data of the Turkish Exporters Council showed that the share of the industrial sector in the total volume of exports amounted to about 72%.
According to the same data, the exports of the industrial sector during the aforementioned period amounted to about 58 billion and 196 million, recording a decline of about 7.4%.
Seven industrial sectors recorded a new record in the volume of exports, despite the decline in total exports due to local and international developments. The mentioned sectors are; Leather and its products manufacturing, automobile manufacturing, electrical and electronics, machinery and its parts, jewelry, defense and aerospace industries, and air conditioning industries.
The importance of Turkish exports is growing a few days before the presidential elections in the country, at a time when the lira is undergoing significant declines, while many believe that the economy may be the main bet in determining who will rule the country for the next five years.
While President Recep Tayyip Erdogan is waging his presidential battle over the achievements of technology, military power, and modernization of Turkey, the Turkish opposition is betting on a return to “classical economics” policies and rapprochement with the West, with the aim of restoring the local currency to its strength and raising the standard of living of citizens.-
The Turkish Exporters Council said that exports of leather and leather products amounted to about 716 million and 608 thousand dollars, while exports of cars and their parts amounted to about 11 billion and 310 million dollars.-
Exports of electrical and electronics recorded about $5 billion and $220 million, machinery about $3 billion and $637 million, jewelry about $2 billion and $157 million, defense and aerospace industries about $1 billion and $507 million, while air conditioning products exports amounted to about two billion and $317 million.
Russia occupied the first place in the destination of Turkish exports of leather, with about 90 million and 183 thousand dollars, and machines and their parts, with about 446 million and 91 thousand dollars.
Germany topped the list of Turkish exports of cars and their parts, with about one billion and 623 million dollars, and it also topped the list of exports of air conditioning products, with about 246 million and 113 thousand dollars.
In electrical and electronics, the United Kingdom imported about 501 million and 437 thousand dollars, and in jewelry, the UAE topped the list with about 526 million and 444 thousand dollars.
(Anatolia, The New Arab)