Turkish Exporters Assembly announced the first quarter export data

Turkey's exports increased by 2.5 percent in the first quarter and reached 61.6 billion dollars. The amount obtained was recorded as the highest first quarter export value of all time.

On the basis of country, the amount of exports was 54 billion 317 million dollars.

Most exports were made with Germany

In the period between January and March, the highest export was made to Germany with 4 billion 877 million dollars. Based on these data, exports to Germany increased by 0.4 percent compared to 2022.
The USA came after Germany with $2.97 billion. It was followed by Italy with $2.9 billion, the United Kingdom with $2.76 billion, France and Russia with $2.48 billion, and Spain with $2.43 billion.

In the same period, exports were $2.05 billion to Iraq, $1.67 billion to the Netherlands, and $1.46 billion to Israel. Half of the top 10 exporting countries took place in Europe.
In the period from January to March, the export values made to 13 countries in total were above the level of 1 billion dollars. Other countries outside the top 10 countries included Poland, Romania and the United Arab Emirates.

Bulgaria and Belgium were among the countries that exported close to 1 billion dollars.
The number of countries to which 100 million dollars or more was exported was recorded as 76.

The increase in export data to Saudi Arabia drew attention

In the first quarter of the year, the highest increase was recorded in Saudi Arabia among the 76 countries that exported $100 million or more. In the said period, foreign sales to Saudi Arabia increased by 755.1% to $611.8 million.

Saudi Arabia was followed by Mali with 540.9 percent ($ 120.3 million) and the Russian Federation with 133.4 percent ($ 2.48 billion).

The rate of increase was 124.1 percent in Malta, 102.6 percent in Kazakhstan, 94.7 percent in Switzerland, 76.8 percent in Belarus, 49 percent in Ukraine and 42.2 percent in Kyrgyzstan.

While 23 of the 76 countries to which exports of 100 million dollars or more were exported in the first quarter increased to double digits, countries such as Japan, Mexico, Hong Kong and Djibouti were also among the other markets with an increase.