- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,195.00+0.10%
- INTEREST37.00%-1.00
- BITCOIN81,946-2.06%
- October 13, 202618°
- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,195.00+0.10%
- INTEREST37.00%-1.00
- BITCOIN81,946-2.06%
- October 13, 202618°
Türkiye’s exports to EU countries reached $71.8 billion in eight months
Türkiye’s total exports rose 4% to $185 billion in the January–August period, while exports to EU countries increased by 3.6%. Germany ranked first among EU countries with $13.576 billion in exports.
Türkiye’s exports to EU countries increased by 3.6% in the January–August period compared with the same period last year, rising from $69.3208 billion to $71.7885 billion. Exports to EU countries thus increased by approximately $2.468 billion.
Türkiye’s total exports during the same period rose 4%, from $177.9 billion to $185 billion.
Germany ranks first
Germany received the most exports among EU countries, at $13.576381 billion. Exports to Germany increased by 3.8% compared with the same period last year.
Germany was followed by Italy with $8.561640 billion, Spain with $7.238906 billion, France with $6.925832 billion and Romania with $4.891962 billion.
Exports to Italy increased by 4.3%, those to Spain by 7.4% and those to France by 5.2%, while exports to Romania declined by 5.5%. Total exports to Germany, Italy, Spain and France reached approximately $36.3 billion.
Exports to Malta record the highest increase
Malta recorded the largest proportional increase in exports among EU countries. Exports to Malta rose 107%, from $324.491 million to $671.566 million.
Malta was followed by Slovakia, with an increase of 32.8%; Finland, with 25.3%; Bulgaria, with 17%; and Austria, with 14.4%. Exports reached $1.458 billion to Slovakia, $408.7 million to Finland, $3.439 billion to Bulgaria and $1.414 billion to Austria.
During the January–August period, exports increased to 17 of the 27 EU countries, while exports to 10 countries declined.
Automotive exports exceed $20 billion
The automotive industry stood out among the sectors exporting to EU countries. The sector’s exports increased by 4.5%, from $19.1886 billion to $20.0607 billion.
The automotive industry was followed by chemicals and chemical products with $9.063 billion, and ready-made clothing and apparel with $6.5417 billion.
The sector that increased its exports to the EU the most in value terms was iron and non-ferrous metals. Exports in this sector rose 18.6%, from $4.8696 billion to $5.7741 billion, an increase of approximately $904.5 million.
Iron and non-ferrous metals were followed by the automotive industry, with an increase of $872.1 million, and the electrical and electronics sector, with an increase of $269.5 million.
Istanbul ranks first in exports
Istanbul, Kocaeli, Bursa, Ankara and Izmir stood out in Türkiye’s exports to the 27 EU countries. The five provinces’ combined exports to EU countries approached $53.6 billion.
Istanbul ranked first with $25.440 billion in exports, followed by Kocaeli with $10.110 billion, Bursa with $8.305 billion, Ankara with $4.911 billion and Izmir with $4.791 billion.
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