Huge success of 690 million dollars from Turkey! Neighbor took the lead

Huge success of 690 million dollars from Turkey!  Neighbor took the lead

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The country where Turkey’s exports increased the most in terms of value in the first quarter of the year was Iraq with 691.5 million dollars, while exports to this country exceeded 2.7 billion dollars.

According to the information compiled by the AA correspondent from the Turkish Exporters Assembly (TİM) data, Iraq took the lead with 691.5 million dollars among the countries where Turkey’s exports increased the most in terms of value in the first quarter of the year.

Iraq was followed by Romania with 489.3 million dollars, the Netherlands with 324.2 million dollars, Italy with 246.4 million dollars and the USA with 241.8 million dollars in export increase.

In the January-March period, exports of 2.7 billion dollars to Iraq, 1.9 billion dollars to Romania, 2 billion 30 million dollars to the Netherlands, 3.1 billion dollars to Italy and 3.2 billion dollars to the USA done.

IRAQ BECAME THE 5TH COUNTRY WITH THE HIGHEST EXPORTS

In the first quarter of the year, Iraq became the 5th country with the most exports.

In the said period, the countries to which Turkey made the most exports were Germany, the USA, Italy and the United Kingdom. Exports worth 4.6 billion dollars were made to Germany and 3.2 billion dollars were made to the United Kingdom.

In the first quarter, the grains, pulses, oilseeds and products sector made the most exports to Iraq with 583.8 million dollars. The furniture, paper and forest products sector sold products worth 274.5 million dollars, chemicals and products sold 265.2 million dollars, the electrical and electronics sector sold 188.8 million dollars, and aquatic products and animal products sold 167.4 million dollars.

THE MOST EXPORTS TO IRAQ WERE MADE FROM ISTANBUL

Istanbul-based companies made the highest exports to Iraq in the January-March period, with 785.6 million dollars.

Istanbul was followed by Gaziantep with 453.2 million dollars, Mardin with 196.8 million dollars, Şırnak with 150.1 million dollars, and Mersin with 149.6 million dollars.

The countries that saw the highest increase in Turkey’s exports in terms of value in the first quarter of the year compared to the same period of 2023 are as follows:

1 JANUARY – 31 MARCH
COUNTRY 2023 (THOUSAND DOLLARS) 2024 (THOUSAND DOLLARS) CHANGE (THOUSAND DOLLARS)
IRAQ 2,039,782.23 2,731,316.77 691,534.54
ROMANIA 1,375,651.82 1,864,994.77 489,342.96
HOLLAND 1,706,777.45 2,030,955.06 324,177.61
ITALY 2,897,633.80 3,143,995.63 246,361.83
USA 2,919,353.74 3,161,106.05 241,752.31
UNITED KINGDOM 2,756,149.81 2,957,880.01 201,730.20
SWEETCORN 681,336.59 872,415.15 191,078.56
SAUDI ARABIA 605,932.05 746,969.31 141,037.25
ALBANIA 163,438.06 299,122.54 135,684.48
ALGERIA 474,028.87 590,762.41 116,733.54

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