More than half of Turkish exports go to 20 countries in 2014
Turkey's export total in 2014 was TL 157.6 billion ($68.062 billion), with 65 percent of this amount divided among the country's top 20 export partners. Moreover, ready-made-clothing, garments and vehicles stood out as the sectors marking the highest exports to these 20 countries, which include Germany, Iraq, the U.K., Italy, France, the U.S., Russia, Spain, Iran, the Netherlands, Egypt, the UAE, Romania, Saudi Arabia, Israel, Belgium, Azerbaijan-Nakhichevan, China, Poland and Turkmenistan. According to information compiled by an Anadolu Agency reporter from the data of the Turkish Exporters' Assembly (TİM), these top trade partners secured exports worth $102 billion. Germany topped Turkey's export list at $15 billion. Ready-made-clothing and garments were the most exported products to Germany, followed by vehicles and automotive parts at $3.7 billion and chemicals at $891 million. Iraq ranked second with exports valued at $9.7 billion. The most exported products to Iraq were cereals, pulses and seed oils valued at $2 billion, followed by steel at $1.4 billion and chemicals at $1.1 billion. The U.K. ranked third with exports valued at $10.7 billion. Ready-made-clothing and garments were the most exported products, totaling $2.5 billion, followed by vehicles and automotive parts at $2.1 billion and electronics at $1.5 billion. France was fourth with exports valued at $7 billion followed by Italy with exports valued at $6.4 billion. Vehicles and automotive parts were the most exported products to both countries as well. Additionally, automobile exports to France and Italy were valued at $2.4 billion and $1.8 billion, respectively. Thus, the total exports made to both countries by the automotive sector were valued at $4.2 billion.Steel topped the products exported to the U.S. among Turkey's top 10 export partners, valued at $1.5 billion, while total exports to the country was valued at $6.3 billion. The export value of the defense and aerospace industries to the U.S. was nearly $548 million, followed by vehicles and automotive parts at $471 million. Fresh fruits and vegetables topped the export list to Russia with $940 million, followed by vehicles and automotive parts at $794 million and textile products at $763.
Last Update: January 13, 2015 12:46