9,672.75 TRY BIST 100 BIST 100
4.86 CNY CNY CNY
35.24 USD USD USD
36.64 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.44 TRY Interest Interest
73.58 USD Fossil Oil Fossil Oil
29.72 USD Silver Silver
4.10 USD Copper Copper
101.01 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,616.87 TRY Gold (gr) Gold (gr)

UK tops Türkiye's export list: July figures exceed USD 1.2 billion

Türkiye's exports to the UK surged in July, making it the country with the highest export growth in value terms. Despite global economic challenges, Turkish products continue to attract demand from worldwide buyers.

UK tops Türkiye's export list: July figures exceed USD 1.2 billion

The UK was the top destination for Turkish exports in July, registering the highest export growth in value terms, as Türkiye’s exports to its largest market, Europe, continue to rise. According to data from the Turkish Exporters' Assembly, Türkiye's exports to the UK reached USD 1.3 billion in July, increased by USD 348.3 million y/y.

The UAE followed the UK with a USD 275.6 million increase in exports, followed by the US with USD 255.2 million, Egypt with USD 148.5 million, and Iraq with USD 144.8 million. In July, Türkiye exported USD 705.9 million to the UAE, USD 1.2 billion to the US, USD 327.8 million to Egypt, and USD 858.4 million to Iraq.

The UK ranked second in terms of Türkiye's top export destinations in July

Germany topped the list of Türkiye's top export destinations in July with USD 1.6 billion in exports. The UK followed with USD 1.3 billion, the US with USD 1.2 billion, Italy with USD 967.2 million, and Iraq with USD 858.4 million.

Automotive sector leads the way

The automotive sector led exports to the UK with USD 458.1 million. The electrical and electronics sector exported USD 155.9 million, ready-made clothing and textiles exported USD 136 million, chemical products and manufactures exported USD 87 million, and the steel sector exported USD 49.8 million.

Istanbul leads exports

In July, Istanbul led exports to the UK with USD 477.4 million. Istanbul was followed by Kocaeli with USD 238.9 million, Sakarya with USD 95.3 million, Bursa with USD 91.5 million, and İzmir with USD 72.7 million.



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

Sidenor acquires industrial scrap specialist Eplus

Wednesday, December 25, 2024

Emirates Steel has announced a price increase for its rebar products

Tuesday, December 24, 2024

An agreement has been signed on the full restoration of the Donetsk Metallurgical Plant

Tuesday, December 24, 2024

Egypt invites Canadian investments to boost industrial growth

Tuesday, December 24, 2024

India’s steel imports hit record high

Tuesday, December 24, 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