Turkey aim for $250 billion (4.55 trillion Turkish liras) in Issued this year, Minister of Commerce Mohamed Moush said on Friday, stressing that the country maintains goal Although tags of a global slowdown and inflationary pressures.
Muş was speaking at the 4th Turkish Export Mobilization Summit. The event Organized by Turkey’s leading media group And Deli Sabah parent Turquoaz Media Company in Southeast Province of Gaziantep.
The minister wrote separately on Twitter that issues in August hit The highest monthly level ever so far againreaffirming the views that the annual target will be achieved even before year-End.
Overseas sales jumped 13.1% year-over-year last The month is up to $21.3 billion, Mosch said. Imports rose at a much faster rate pacejumped 40.7% to $32.6 billion
I managed to achieve the two sources record sales in Every month so far this year And the in 22 of The last 24 months.
The trade The deficit increased by 162% to a record $11.3 billion in August, data from the Turkish Exporters Association (TIM) showed. shortage in The first Eight months, it jumped 146.4% to $73.4 billion, mainly due to rising Energy import costs.
Deterioration global Circumstances exacerbated by the war in Ukraine, has raised concerns for the rest of The year. Russia invasion of send her neighbor global Rising commodity prices, putting the Turkish economy at risk program Aims to tackle high inflation with a current Account surplus.
Exports had finished 2021 at $225.4 billion, a figure government Economists expected this amount to reach 250 billion dollars year.
Muş said they want To diversify the regions to which Turkish companies export, focusing on North and South America, East Asia, no just Europe.
more than half of Turkey export vector for Europe, however, uncertainty in The region creates obstacles.
‘Compared to the 2021 period, our exports to this region by 17.2% in period from January to August minister He said, but this increase ” in Moderate trend compared to months.
“Uncertainty and slowdown in Europe is weakening demand. For example, while our exports to the European Union increased by 17.8% in June compared to the previous year, the increase was 5.2% in July and 2.7% in August.”
“We are trying to diversify market. we want To focus not only on Europe but also on North America then on Latin America, some countries in far East. This will take some time and expectations are like slowing down in The worlduncertainty in Europe and whether there will be power Cut or not inevitably withdraw down demand. “
slow down demand There is a payment down Our exports are here.
Turkey aim for $250 billion (4.55 trillion Turkish liras) in Issued this year, Minister of Commerce Mohamed Moush said on Friday, stressing that the country maintains goal Although tags of a global slowdown and inflationary pressures.
Muş was speaking at the 4th Turkish Export Mobilization Summit. The event Organized by Turkey’s leading media group And Deli Sabah parent Turquoaz Media Company in Southeast Province of Gaziantep.
The minister wrote separately on Twitter that issues in August hit The highest monthly level ever so far againreaffirming the views that the annual target will be achieved even before year-End.
Overseas sales jumped 13.1% year-over-year last The month is up to $21.3 billion, Mosch said. Imports rose at a much faster rate pacejumped 40.7% to $32.6 billion
I managed to achieve the two sources record sales in Every month so far this year And the in 22 of The last 24 months.
The trade The deficit increased by 162% to a record $11.3 billion in August, data from the Turkish Exporters Association (TIM) showed. shortage in The first Eight months, it jumped 146.4% to $73.4 billion, mainly due to rising Energy import costs.
Deterioration global Circumstances exacerbated by the war in Ukraine, has raised concerns for the rest of The year. Russia invasion of send her neighbor global Rising commodity prices, putting the Turkish economy at risk program Aims to tackle high inflation with a current Account surplus.
Exports had finished 2021 at $225.4 billion, a figure government Economists expected this amount to reach 250 billion dollars year.
Muş said they want To diversify the regions to which Turkish companies export, focusing on North and South America, East Asia, no just Europe.
more than half of Turkey export vector for Europe, however, uncertainty in The region creates obstacles.
‘Compared to the 2021 period, our exports to this region by 17.2% in period from January to August minister He said, but this increase ” in Moderate trend compared to months.
“Uncertainty and slowdown in Europe is weakening demand. For example, while our exports to the European Union increased by 17.8% in June compared to the previous year, the increase was 5.2% in July and 2.7% in August.”
“We are trying to diversify market. we want To focus not only on Europe but also on North America then on Latin America, some countries in far East. This will take some time and expectations are like slowing down in The worlduncertainty in Europe and whether there will be power Cut or not inevitably withdraw down demand. “
slow down demand There is a payment down Our exports are here.