10,727.58 TRY BIST 100 BIST 100
36.60 USD USD USD
5.09 CNY CNY CNY
39.76 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
37.05 TRY Interest Interest
70.45 USD Fossil Oil Fossil Oil
33.88 USD Silver Silver
4.94 USD Copper Copper
104.46 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,518.13 TRY Gold (gr) Gold (gr)

Turkish Exporters Assembly announced the first quarter export data

According to the data of the Turkish Exporters Assembly (TIM), Turkey's exports by countries at the end of the first quarter were announced as 54.3 billion dollars. The country with the highest foreign sales was Germany with 4.9 billion dollars. It was followed by the USA with 2.97.

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.

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

Green light for Free Trade Agreement between Ukraine and Türkiye

Friday, March 14, 2025

Türkiye's current account deficit exceeded expectations in January

Wednesday, March 12, 2025

Construction cost index in Türkiye continued to increase in January

Tuesday, March 11, 2025

Turkish manufacturing exports continue to strengthen

Monday, March 10, 2025

Türkiye's Industrial production increased by 1.2% y/y in January

Monday, March 10, 2025
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