10/2/2012

Turkey’s exports rise by 7.4 percent in September

Sabah - Turkey’s exports reached USD 11.4 billion in September with an increase of 7.4 percent over the same month of 2011, while the first 9 months saw the country’s exports climb to USD 111.4 billion, corresponding to an increase of 12.1 percent over a year earlier.

According to the newly released data from the Turkish Exporters’ Assembly (TIM), Turkey exported USD 1.5 billion of automotive products, closely followed by the chemicals sectors with USD 1.48 billion worth of goods shipped overseas. Ready-wear and textiles came third with USD 1.3 billion.

The month of September also signaled an upturn in exports to the EU, which were on the decline in the first 8 months. Exports to the crisis-stricken European economies climbed up by 3 percent, with Germany being the largest export destination, followed by Iraq and Britain.
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