Turkish companies’ exports to 18 countries including the United States, China, Japan, Pakistan, India and Australia within the framework of the “Distant Countries Strategy” increased by 9.2 percent year-on-year in the period from January to September this year, reaching $20.1 billion.
The war between Russia and Ukraine that has been going on for about 3 years in the north, the Israeli attack on Palestine in the south and the possibility of this situation spreading to the entire Middle East, and the economic recession in Europe have directed Turkish exporters to new markets.
In this context, the “Distant Countries Strategy” implemented by the Ministry of Trade with the aim of obtaining a greater share of the imports of 18 countries that constitute more than half of the world economy has become more important for Turkish exporters, and exporters have established closer contacts with the relevant countries within the framework of this strategy, and these steps taken by Turkey have also been reflected in the export figures.
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According to the data of the Ministry of Trade and the Turkish Exporters Assembly, exports to 18 countries including distant countries such as the United States, China, Japan, Pakistan, India and Australia increased by 9.2 percent year-on-year in the period from January to September this year, reaching $20 billion 293 million 325 thousand, while in the same period last year, exports to these countries amounted to $18 billion 578 million 826 thousand.
The United States ranks first with exports of $9 billion 798 million 724 thousand, and exports to this country accounted for 48 percent of exports to 18 countries.
It was followed by China with $2 billion 302 million 562 thousand, Canada with $1 billion 115 million 180 thousand, Mexico with $933 million 931 thousand, and India with $914 million 300 thousand.
The country with the highest increase in exports during the first nine months of the year was Pakistan at 76.1%, followed by Brazil at 26.9%, Australia at 24.5%, Mexico at 21%, and Chile at 16.1%.
