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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.

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