The results of the 'Export Impact Survey' prepared by Eskişehir Chamber of Industry to determine the expectations and predictions of businesses regarding exports under current economic conditions have been announced.
It was stated that a total of 244 businesses participated in the survey and the effects of factors such as exchange rates, interest rates, and inflation on export performance were evaluated. Celalettin Kesikbaş announced that Eskişehir's total exports in 2023 were 4.3 billion dollars. He stated that they expect a renewed acceleration in exports as the problems in the supply chain and raw materials decrease after the pandemic and earthquake disaster.
It was emphasized that the survey tried to determine how exchange rates, interest rates and inflation affect foreign trade dynamics. Kesikbaş stated that fluctuations in exchange rates affect export prices, and that this increases production costs but also enables them to gain a competitive position in international markets.
According to the survey results, it was stated that businesses felt a contraction in foreign markets and expected economic indicators to follow a stable course after a certain level. Kesikbaş emphasized the importance of a sustainable and predictable economic environment and stated that they demanded easier and faster access to finance.
On the other hand, Kesikbaş predicted that 2024 would be difficult for industrialists and said that the applicability of the Medium Term Plan (MTP) would be important. He stated that the answers revealed in the survey indicate the possibility of feeling the pain of fighting inflation. He also stated that in a period when the need for external financing increases, tight monetary policy may negatively affect Turkey and there may be difficulties in accessing finance for businesses.
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