Turkish exports reach a new high

Posted on 03 January 2012

3 January 2012, Ankara – Despite the global downturn Turkey’s 2011 exports reached an all time high exceeding 2010 by 18.2 percent and amounting to nearly 135 billion USD. According to data from TIM (the Turkish Exporters Assembly) the manufacture of motor vehicles showed the largest sector for exports amounting to over 20 billion USD followed by the chemical industry with over 16 billion USD, a nearly 30 percent increase over 2010. Turkey’s traditional high volume textile sector was pushed into 3rd place with a 10.7 percent increase. Turkey expects to increase its exports to 500 billion USD by 2023, the centennial of the founding of the Republic of Turkey. Source: Invest in Turkey

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