Turkish exports increased by 20.05 percent to $77.1 billion in the first seven months of 2011, compared to the same period last year, according to the data disclosed by Mehmet Büyükekşi, the chairman of Turkish Exporters’ Assembly, or TİM, at a press meeting on Monday in the northwestern province of Çanakkale. Exports in the last 12 months reached a total of $126.7 billion, marking a rise of 15.6 percent.
The automotive industry claimed top spot on the exports list at $1.9 billion, accounting for 16.55 percent of the overall figures. That was followed by ready-wear with at $1.6 billion, or 14.09 percent of the total, and by chemicals at $1.2 billion, or 10.79 percent of the total.
Exports of industrial goods in July 2011 grew 23.64 percent to $9.8 billion, claiming 85.09 percent of overall exports. Meanwhile, agricultural goods, which accounted for 11.8 percent of the total exports, rose by 24.35 percent to $1.3 billion in July. About 3.1 percent of the total exports were made from the mining sector, which grew by 24 percent to about $354.6 million in the same month.
The goods whose exports increased most rapidly in July were water and animal products, which grew by 52.8 percent. They were followed by the automotive industry, with 38 percent, and cereals, legumes, oily seeds and their products, with about 37 percent.
Turkey’s July exports approached the $12.6 billion record that Turkish exporters posted in July 2008, according to Turkish Economy Minister Zafer Çağlayan, who commented on TİM’s export figures in a statement released by the ministry on Monday.
“An increase by 20 percent in exports in the last seven months, compared to the same period last year, signals that we will break another record in 2011, if there are no extraordinary circumstances in the world [economy],” he said. Noting that Germany, Britain and Italy were the top three destinations for Turkish exports, Çağlayan said they were not facing any problems. |
Source : hurriyetdailynews.com
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