4/19/2011

Turkish exports expected to surge 20 percent, survey shows

Today’s Zaman - A survey conducted among the 500 leading export and import companies in Turkey has shown that the export sector's expectations for the future have improved by a large margin as a strong indicator of optimism.

According to the Foreign Trade Expectations Survey conducted by the Undersecretariat of Foreign Trade (DTM), the expectation index both for exports and imports is up for the second quarter of this year. The export expectation index has gone up by 20.2 points, while the import expectation index climbed by 15.4 points quarter-on-quarter.

Turkey’s State Minister for Foreign Trade Zafer Caglayan shared the findings of the survey with the press on Monday in Ankara.

According to Caglayan, the study showed that the first quarter’s export expectation index of 122.7 increased to 142.9 for the second quarter this year. Any value above, below or equal to 100, represents an upward expectation, lower expectation and neutral expectation, respectively. The export expectations for the coming three months of May, June and July, export orders expectations, the current level of registered export orders and the level of export orders in the previous quarter account for the upward value of the index, Caglayan also said.
Turkey; turkish exports; turkey export goods; export expectations; zafer caglayan; export-import