Turkish Trade Minister Ömer Bolat said that the value of his country’s exports last March amounted to 22 billion and 578 million dollars.

Bolat explained in a post on the X platform on Thursday that Turkey’s exports have continued to rise since the beginning of this year.

He stated that the value of the country’s exports amounted to $20 billion in January and $21.1 billion in February.

On the other hand, the Ministry of Commerce stated in a statement that exports in March 2024 declined by 4.1 percent compared to exports for the same month last year.

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For the tenth year in a row, Turkey maintained first place in the world in wheat flour exports by the end of 2022.

According to information, global wheat production reached 773 million tons in the 2020-2021 season, an increase of 1.4 percent compared to the previous season.

The reason for this is the increased production of some countries such as Russia, Kazakhstan, Australia, and Canada.

Production reached 781 million tons in the 2021-2022 season thanks to an increase in China, the European Union, Australia, India and Ukraine.

Turkey is among the countries in the world that can meet its own consumption in wheat production.

While wheat production in the country reached 22 million tons last year, Turkey ranked first in the world by exporting approximately 3.7 million tons of flour in this period.

On the other hand, according to the latest World Bank data, Turkey continued to rank first in wheat flour exports in the period between 2013-2022.

Turkey exported 2.1 million tons of wheat flour in 2013, and exports continued to increase until 2016, when they reached 3.5 million tons.

Although exports declined between 2017 and 2021, this did not affect Turkey’s leading position in global exports.

Turkish flour exports recorded 3.1 million tons in 2022.

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Turkey’s exports last January recorded an increase of 3.5 percent compared to the same month last year, and amounted to 19 billion and 991 million dollars.

Foreign trade data issued by the Turkish Statistics Authority and the Ministry of Commerce on Wednesday showed a 22 percent decrease in imports in the same month, reaching 26 billion and 218 million dollars.

The data indicated that the foreign trade deficit decreased by 56.4 percent in January 2024 compared to the same month in 2023, reaching $6 billion and 227 million.

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The Turkish Ministry of Commerce denied allegations reported by the media regarding an increase in Turkish exports to Israel, stressing that these allegations do not reflect the truth.

A statement issued by the ministry on Thursday said that what some media outlets are promoting about increasing exports to Israel does not reflect the truth.

The statement indicated that trade with Israel is not directed to the Jewish region of the country, explaining that it is also “trade directed to 2.2 million Palestinians who are citizens of Israel, the occupied West Bank, East Jerusalem and Gaza.”

The statement pointed out that 8 million Palestinian Arabs live in the Palestinian territories and 7.2 million Jews live in Israel, and explained that all goods destined for the Palestinian region must pass through Israeli customs and ports under the name of Israel.

The statement also stated that between October 7 and December 31, 2022, Turkey’s total trade with Israel amounted to two billion and 320 million dollars.

While the number decreased by 45 percent in the same period in 2023, and recorded one billion and 280 million dollars.3

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Exports of the machinery industry sector in Turkey achieved $25.8 billion in the past 11 months of this year.

According to a statement issued by the Turkish Machinery Exporters Union on Wednesday, the sector’s exports recorded an increase of 8.5 percent compared to the same period in 2022.

The first importing countries, in order, were Germany, Russia, the United States, Italy, the United Kingdom, France, and Spain.

Total exports to these countries exceeded $10 billion, an increase of 17 percent.

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The value of Turkey’s exports in the automotive industry amounted to 3 billion and 127 million dollars during the month of last November.

According to a statement issued by the Uludağ Union of Automotive Industry Exporters on Wednesday, the sector’s exports in November recorded an increase of 10.4 percent compared to the same month in 2022.

The sector ranked first among Turkish export sectors, accounting for 13.8 percent of total exports.

The total sector exports between January and November amounted to 31 billion and 831 million dollars, an increase of 14 percent.

Germany came at the forefront of importers with $433 million, then the United Kingdom with $306 million, then France with $297 million.

The post Exports of the automotive industry in Turkey reach $3.1 billion appeared first on Move 2 Turkey.

Last October, Turkish exports recorded a 7.4 percent increase compared to the same month in 2022.

This came in a report prepared by the Turkish Statistics Authority in cooperation with the Ministry of Commerce on the volume of the country’s foreign trade in October.

According to the data, the value of exports in October amounted to 22 billion and 871 million dollars, while imports recorded an increase of 0.6 percent.

The foreign trade deficit decreased by 17.5 percent in October, recording 7 billion and 902 million dollars.

Total exports from the beginning of this year until October increased by 0.2 percent, achieving 209 billion and 904 million dollars.

During the same period, the foreign trade deficit reached 91 billion and 44 million dollars, an increase of 3.2 percent.

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Ankara’s ambassador to Baghdad, Ali Riza Gunay, discussed with the Prime Minister of the Kurdistan Regional Government of Iraq, Masrour Barzani, in Erbil, the resumption of Iraqi oil exports through Turkey.

A statement issued by the Prime Minister of the Kurdistan Regional Government of Iraq stated that the meeting between Barzani and Gonani witnessed the exchange of ideas regarding developments in Iraq and the strengthening of bilateral relations, and focused on advancing trade cooperation and facilitating travel procedures.

He added that the two sides discussed resuming the flow of oil shipped from the Kurdistan Regional Government to the port of Ceyhan in Adana Province, southern Turkey.

The two parties agreed, according to the statement, on the need to resume oil shipping as soon as possible.

The statement also conveyed through the Turkish ambassador his country’s readiness to resume oil exports from Iraq.

Last Wednesday, Iraqi Prime Minister Muhammad Shia al-Sudani said that his country is ready to find a solution to resume oil exports to Turkey, during his meeting with Turkish Minister of Energy and Natural Resources Alp Arslan Bayraktar and his accompanying delegation in the capital, Baghdad.

It is noteworthy that on March 25, it was announced that the flow of oil from Iraq to the port of Ceyhan in Turkey had stopped against the backdrop of a decision issued by the Paris-based International Court of Arbitration regarding the export of oil between Turkey and Iraq.

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Turkish President Recep Tayyip Erdogan said that the country’s exports in the last 12 months until October amounted to $254.8 billion.

This came in a speech on Friday at the “Innovalig Champions” awards ceremony (a program for developing innovation in Turkey) at the Gulf Convention Center in Istanbul.

President Erdogan expressed their pride in all the companies that contribute to production, employment and export in Turkey, especially the champions of “Innovalig”.

He pointed out that the regular increase in the number of companies applying to the Innovation Development Program every year shows that the culture of innovation is beginning to take root in the business world.

President Erdogan pointed out that Turkey’s annual exports were only $36.1 billion in the year the Justice and Development Party came to power (2002).

He noted that the value of exports amounted to 254.2 billion dollars in the last 12 months, and with this rate of increase, Turkey became third among the countries of the Organization for Economic Cooperation and Development in terms of the speed of increasing exports.

He pointed out that despite all the difficulties and problems at the global level, Turkey’s exports continue their upward trend.

He pointed out that exports set a new record last October, increasing by 7.4 percent compared to the same month of the previous year and reaching $22.9 billion.

He added, “Thus, we were pleased to reach the highest export value in the month of October. Thus, our exports in the last 12 months until October amounted to 254.8 billion dollars.”

President Erdogan stressed that increasing exports in terms of numbers is certainly important, but during the coming period the focus must be on increasing quality as well.

He noted that they want to achieve successes in the fields of missiles, ships, armored vehicles, cameras, air defense systems, and electronic warfare, similar to the country’s successes in the field of drones.

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The value of Turkey’s revenues from cosmetics exports during the first 9 months of this year exceeded one billion dollars.

According to the Cosmetics Producers Association, Turkey’s exports of cosmetics during the first 9 months of this year amounted to one billion and 76 million dollars.

Chairman of the Turkish Cosmetics and Cleaning Products Industry Council, Ahmed Bora, explained in a statement on Saturday that cosmetics products are exported to more than 150 countries.

He added that the country’s exports of cosmetic products during the first nine months increased by 19% compared to the same period last year.

Bora expected that cosmetics exports in 2023 would reach $1.5 billion.

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