The exports of the Turkish state of Kocaeli, the pioneer in the field of industry, during the first quarter of this year amounted to 4 billion 554 million 374 thousand dollars.

According to data from the Turkish Exporters Council, 70 percent of the state’s exports during the first quarter of this year came from the automotive and chemical sectors.

The data added that the imports of the automobile and chemicals sectors during the first quarter of this year amounted to 3 billion 183 million 89 thousand dollars.

The British markets came at the forefront of the most importing markets for the products of the Turkish state of Kocaeli, followed by France, then Italy third, Slovenia fourth, and Germany fifth.

It is noteworthy that Turkey’s total exports in the first quarter of this year amounted to 61 billion and 587 million dollars, an increase of 2.5 percent compared to exports for the same period last year.

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Turkey’s revenues from ready-made garment exports amounted to one billion and 634 million dollars last January.

According to data from the Exporters’ Council, Turkey’s total exports grew by 10.4 percent in January compared to the same month last year, amounting to $19.4 billion.

During the past month, the revenues of the ready-made clothing sector in Turkey amounted to 1.634 billion dollars, achieving a growth of 2.7 percent compared to the same month last year.

In terms of importing countries, Germany topped the list with 304 million dollars, followed by Spain with 176 million dollars, then the Netherlands with 143 million dollars.

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Turkish Minister of Energy and Natural Resources Fatih Donmez announced the conclusion of an agreement with the Sultanate of Oman to import 1.4 billion cubic meters of natural gas annually for a period of 10 years.

This came in a speech he delivered on Monday during his participation in the “Turkey’s Century in Energy Summit” organized by the “Albayrak Media Group” in Istanbul.

Donmez pointed out that a delegation from the Turkish state energy company “Botas” is currently visiting the Sultanate of Oman to sign the agreement.

He explained that Turkey will import 1.4 billion cubic meters of gas annually from Oman under the 10-year agreement, which can be extended if the conditions are also suitable in the future.

He added, “At a time when the world, especially Europe, is suffering from a shortage of gas supplies, Turkey is taking all steps to become a center for gas trade.”

He pointed out that the ministry has been conducting intensive diplomacy in the field of energy to make Turkey a center for gas trade for a long time, and explained that they visited 15 countries in Europe, Central Asia and the Gulf region last year.

He pointed out that the agreement to supply gas from Turkey to Bulgaria represents the first concrete step in this context, as Turkey will supply Bulgaria with 1.5 billion cubic meters of gas annually until 2035.

He explained that this capacity is equivalent to about 30 percent of Bulgaria’s annual gas consumption, adding, “Within 13 years, there will be a total gas flow of 20 billion cubic meters to Bulgaria.”

According to Minister Donmez, “In addition to Bulgaria, we are taking similar steps with North Macedonia, Romania and Moldova.”

He noted that his ministry’s next goal is to host meetings between gas-producing and consuming countries and to make Turkey a center where the reference price for gas in the region is determined.

He pointed out that the Istanbul Gas Summit will be held on February 14-15 in this context, indicating that it will bring together the producing countries in the Middle East, the Mediterranean, the Caspian Sea and Central Asia with the consuming countries in Europe.

He pointed out that the summit will be held under the slogan “Securing the Future Together” and will be attended by energy ministers and high-level representatives from public institutions, the private sector and international energy organizations.

He pointed out that the effects of global developments on the energy sector, changes in supply and demand, pricing and global supply security will be discussed.

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The value of Turkish exports in the furniture, paper and forest products sector amounted to 8.44 billion dollars during the past year 2022, thus recording the highest annual exports ever.

According to information from the data of the Turkish Exporters Council on Tuesday, the sector’s exports recorded a growth of 20.8 percent during 2022 compared to 2021.

In terms of importing countries, Iraq topped the list with $1.04 billion, followed by Israel with $483.6 million, then Britain with $450.8 million.

Russia recorded the highest increase in the sector’s exports among countries that imported products of more than $100 million, at a rate of 164.5 percent ($216.8 million), followed by Qatar 78.8 percent ($177.2 million), then Uzbekistan 61 percent ($117.2 million).

What drew attention was the increase in the rate of exports to the Kingdom of Saudi Arabia by 651.1 percent, to reach $40.9 million.

The head of the Furniture, Paper and Forest Products Exporters’ Union in Istanbul, Erkan Ozkan, praised the sector’s export figures during 2022.

He said their current goal is to exceed $10 billion in sector exports.

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Turkey’s exports of chemical materials and products amounted to $33.6 billion during the past year 2022, according to the Sector Exporters’ Union.

Adel Balester, head of the Chemical Exporters Union, said on Tuesday that the union aims to increase exports this year to $36 billion.

He stressed that the chemical industry has a strategic importance for the development of Turkey’s economy and the future of its exports, and that efforts are continuing to reach a position among the global producers of the sector.

The chemical products sector aims to reach revenues of $50 billion within Turkey’s 2030 vision, according to Pallister.

He pointed out that the union’s participation in many exhibitions targeting the chemical importing markets to obtain the largest share of global trade in the sector.

The countries that import the most Turkish chemical products are the Netherlands, the United States, Italy, Romania, Lebanon, Russia, Germany, Spain, Iraq and South Africa.

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Exports of the air-conditioning industry in Turkey increased during the first 11 months of 2022 by 8.4 percent compared to the same period last year, and recorded 6 billion and 93 million US dollars.

Data from the Exporters’ Council showed that Turkey’s exports last November increased by 1.9 percent compared to the same period last year, and amounted to $21.9 billion.

It indicated that Turkey’s exports during the first 11 months of this year amounted to $231 billion.

The data indicated that the air-conditioning industry’s exports during November increased by 7.3 percent compared to the same month last year, and recorded $599.8 million.

It added, “The sector’s exports increased in 11 months by 8.4 percent, reaching $6.93 billion.”

Germany topped the countries importing the most Turkish air conditioners in the aforementioned period, with 642 million dollars, followed by the United Kingdom with 396 million dollars, then Italy with 355 million dollars.

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The value of Turkish olive oil exports for the 2021-2022 season increased compared to the previous season, reaching 201 million 687 thousand dollars.

According to information from the data of the Aegean Exporters’ Association, Turkey continued its trade with more than 120 countries in the 2021-2022 olive oil export season, which ended on October 31.

According to the information, olive oil exports increased from 44,000 tons to 58,000 tons, an increase of 32 percent compared to the previous season, and increased on a value basis from 134,877,000 dollars to 201,687,000 dollars.

The United States of America came on the list of countries importing Turkish olive oil at a value of $75 million, followed by Spain with $24 million, Japan with $17 million, Saudi Arabia with $10 million, and the UAE with $5 million.

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Turkish Foreign Minister Mevlüt Çavusoglu said that his country aims to reach $1.5 billion in trade volume with Venezuela, and that he is confident that this goal can be easily achieved.

This came during his participation, Friday, in the third meeting of the joint cooperation committee between the two countries in the Venezuelan capital, Caracas, the last stop of his tour of Latin America.

Çavusoglu reiterated Turkey’s rejection of the sanctions applied to Venezuela and stressed that it will continue to stand by it.

He pointed out that Turkey ranks first among the countries importing from Venezuela, despite the great distance separating the two countries.

He expressed his confidence that the goal of reaching $1.5 billion in trade exchange between the two countries could be easily achieved, given the numbers recorded in the first quarter of this year.

Çavuşoğlu pointed out that the volume of trade exchange between the two countries has increased about 3 times during the past two years, despite the conditions of the Corona pandemic and the unilateral sanctions imposed on Venezuela.

He explained that the volume of exchange between the two countries was $300 million in 2020, and rose to $850 million in 2021.

Çavusoglu noted that the Turkish government encourages Turkish businessmen to make investments in Venezuela.

On April 23, Çavusoglu began a tour of Latin America, which included Uruguay, Brazil, Ecuador, Colombia and Panama, and concluded in Venezuela.

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