Turkey’s first half exports surge 2.5 percent to USD 74.7 billion

Today’s Zaman - Turkey sold products worth USD 74.66 billion in the first half of this year -- a 2.5 percent increase from over a year ago – according to data from the Turkish Exporters' Assembly (TIM), sending positive signals for year-end goals.

At a press conference held in the southeastern Anatolian province of Batman, TIM announced that Turkish exports were growing despite problems and a diminishing demand by major trade partners. The country owes its success in maintaining stable growth in exports to diversifying its target markets. Turkey sells goods to 241 countries and expects to commence exports to two new countries shortly.

Turkey experienced the highest increase in exports of mining products, with 30 percent between January and June over a year ago. Most goods sold overseas were industrial products, with USD 58.75 billion in the first half of the year. The agriculture sector saw its exports hit USD 10.1 billion in the same period.

The Turkish government had earlier set its target to reach USD 158 billion in exports in 2013. The fast-emerging Organization for Economic Cooperation and Development (OECD) member sold products worth 152.5 billion in 2012, with a 13.1 percent rise over 2011.

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