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Turkey continues to break records in exports despite the pandemic. October export of $17.333 billion became the highest export figure of the first 10 months and the monthly export record in the history of the country, while 1,742 companies started to work as exporters with the acceleration of e-export activities. Germany was the leading country this year.
*** This release is originally published in Turkish.
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ISTANBUL (TR) - The pandemic has not stopped the rise in Turkey's exports. According to TradeValley, the B2B e-export platform that compiles the data of the Turkish Exporters Assembly (TIM); exports in October reached 17 billion 333 million dollars with an increase of 5.6 percent compared to the same month last year, breaking the monthly export record in the history of the country. The more efficient use of e-export platforms in October expanded the family of exporters. 742 companies, which have just joined the family, made 114 million 158 thousand dollars of exports in October. In total, 42,559 companies sent Turkish products to 208 countries.
In October, when 49 provinces increased their exports, Istanbul maintained its top position with 6 billion 991 million dollars. Bursa with 1 billion 456 million dollars, Kocaeli with 1 billion 325 million dollars, İzmir with 906 million dollars, Gaziantep with 801 million dollars were among the most exporting provinces after Istanbul. Adıyaman export income is 12 million dollars with an increase of more than 200 percent, Rize with an increase of 146 percent to 11 million dollars, and Kastamonu with an increase of 100 percent to 19 million dollars.
European Union countries again took the biggest share in exports in terms of product groups and quantity in October. Exports to Europe reached a volume of 7.23 billion dollars with an increase of 4.1 percent in October, taking a share of 41.7 percent of all export activities. In this period, the country with the most exports was Germany with 1 billion 620 million dollars. It was followed by the United Kingdom with 1 billion 495 million dollars and Iraq with 966 million dollars.
TradeValley's founder, Yusuf Yenitürkoğulları regarding B2B e-exporting platform in the assessment relating to Germany's prominence in Turkey's exports said, “Compared to October of the previous year, this year our exports to Germany in October increased of 9 percent. This momentum, which was achieved after the 8 percent increase in September, is a harbinger of an increasing trend. During this period, our tobacco exports to Germany increased by a record 249.82 percent. It was followed by our exports of industrial products with an increase of 93.77 percent, jewelry with 88.86 percent, and mining products with an increase of 75.97 percent. Other notable increases are; exports of ornamental plants and products with 44.50 percent, and fresh fruit and vegetables exports with 36.58 percent. When we evaluate the last two months together, we can say that e-export activities have a rising effect on the increase in our export activities with Germany. If the potential created by e-exports is used correctly, we can see record increases in exports to Germany.”
Despite the pandemic period, Yusuf Yenitürkoğulları said that there is a share of e-export activities in this gained momentum, “The new world order brought by the pandemic has given a new opening to Turkey's export activities. This period, as in all areas of the economy, shaped the road map of exports. Companies that started the process of digitalization in the new era became involved in the international trade environment. In this process, it became clear how essential it is to adapt to the e-export and e-commerce movement. In order to make the growth trend caught in exports sustainable, we need to turn to more e-export activities. Because we see very clearly that every step taken towards e-export is paid off.”
Contact: Tülay Genç | [email protected] | +90 (850) 885 12 55