9,765.12 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
1.00 CNY CNY/CNY CNY/CNY
43.50 TRY Interest Interest
72.45 USD Fossil Oil Fossil Oil
29.03 USD Silver Silver
4.09 USD Copper Copper
100.71 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,600.46 TRY Gold (gr) Gold (gr)

27 billion dollars worth of exports to the Middle East

The high demand for Turkish products continued with the steps taken in the field of mutual trade and investment with the countries in the region.

27 billion dollars worth of exports to the Middle East

According to the data of the Turkish Exporters Assembly (TIM), exports to the Middle East and Gulf countries consisting of Bahrain, United Arab Emirates (UAE), Palestine, Iraq, Iran, Israel, Qatar, Kuwait, TRNC, Lebanon, Syria, Saudi Arabia, Oman, Jordan and Yemen amounted to 26.7 billion dollars in 10 months of the year.

In the January-October period, the highest exports within the Middle East and Gulf countries were realized to Iraq with 7.7 billion dollars. Iraq was followed by the UAE and Israel with 4.4 billion dollars each, Iran with 2 billion dollars and Saudi Arabia with 1.8 billion dollars.

In the same period, exports amounted to 1.3 billion dollars to the Turkish Republic of Northern Cyprus (TRNC), 1.1 billion dollars each to Syria and Lebanon, 716 million dollars to Yemen, 591.6 million dollars to Qatar, 579.8 million dollars to Jordan, 454.8 million dollars to Kuwait, 248.1 million dollars to Oman, 122.9 million dollars to Bahrain and 103.9 million dollars to Palestine. Thus, the highest January-October exports of all time were made to the TRNC and Palestine. Despite geopolitical risks and tensions in the region, Turkey continued to strengthen its trade relations with Palestine.

The "cereals, pulses, oil seeds and products" and "chemicals and products" sectors realized the highest exports to the Middle East and Gulf geography in 10 months of the year with 3.7 billion dollars each. These sectors were followed by jewelry with 2.6 billion dollars, steel with 2.3 billion dollars, furniture, paper and forestry products with 1.9 billion dollars.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Dofer Yapı expands Karabük factory: Receives 31.6 million TL investment incentive certificate

Sunday, December 22, 2024

Europe's crude steel production increased

Wednesday, December 18, 2024

Kardemir's 'Power Plant' has been commissioned

Sunday, December 22, 2024

Hasçelik becomes the leader in cold bar exports in 2023

Sunday, December 22, 2024

European car sales decreased by 2% in november

Sunday, December 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now