10,680.91 TRY BIST 100 BIST 100
4.52 CNY CNY CNY
32.69 USD USD USD
35.38 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.84 TRY Interest Interest
86.87 USD Fossil Oil Fossil Oil
29.18 USD Silver Silver
4.37 USD Copper Copper
113.14 USD Iron Ore Iron Ore
382.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,465.38 TRY Gold (gr) Gold (gr)

Türkiye's global export share increased

Türkiye's share of global exports increased in the first quarter, growing by 0.05 percentage points.

Türkiye's global export share increased

The World Trade Organization (WTO) data revealed that Türkiye's share in global exports increased by 0.05 percentage points to 1.082% in the first quarter. Global exports reached $5.919 trillion in the first quarter.

The World Trade Organization (WTO) has published foreign trade statistics for the first quarter of 2024. According to a written statement from the Ministry of Trade, while global exports decreased by 0.6% to $5.919 trillion in the first quarter of 2024, Türkiye's exports increased by 3.6% to $63.603 billion.

On an annualized basis, global exports decreased by 4.2% to $23.808 trillion. Türkiye's exports, on the other hand, increased by 0.8% to $257.6 billion.

The statement said: "Despite the decline in global exports, our exports continued to increase. In this context, the upward trend in our annualized exports' share of global exports continued in the first quarter of 2024, rising by 0.05 percentage points from the first quarter of 2023 to 1.082%.

As the Ministry of Trade, we are working with all our might to further increase Türkiye's share in global trade with our policies and strategies that are focused on value-added, innovation, and competitiveness in export perspective. We will continue to evaluate global trade trends in the best way possible and increase the gains we have made to strengthen our position in the global supply chain."

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
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

Korea's steel industry is in China's shadow: Exports decrease, trade deficit increases

Thursday, July 4, 2024

Uzbekistan and Slovakia sign agreement for new plant to produce railway freight wagons

Thursday, July 4, 2024

Argentina's crude steel production decreased in may

Thursday, July 4, 2024

Dumping crisis in Chinese galvanized steel in Vietnam: New threats for domestic producers

Sunday, July 7, 2024

India's crude steel production increased in May

Thursday, July 4, 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