Türkiye’s exports of furnishings, paper and forestry merchandise within the January-July interval of 2023 have topped $4.58 billion in response to the figures launched by the Istanbul Furniture, Paper and Forest Products Exporters Association on Monday.
The furnishings, paper and forestry merchandise sector, which set its export goal at $10 billion this yr, realized $609 million of international gross sales in July.
At the identical time, the affiliation recalled that Türkiye’s exports in July elevated by 8.4% in comparison with the identical interval of the earlier yr and reached the $20.09 billion determine.
The export of furnishings, which carries the biggest share within the sector, amounted to $343 million in July, whereas the whole export quantity of the sector from January by means of July totaled $2.61 billion.
Türkiye exported largely to Iraq, Israel and the United Kingdom within the seven-month interval, the information highlighted.
In this era Iraq imported furnishings merchandise value $577.6 million from Türkiye. The neighboring nation was adopted by Israel, which imported some 238.6 million of furnishings, paper and forestry merchandise from the Turkish market, whereas the U.Okay. stood third with $229 million.
Germany and Iran closed the group of prime 5 international locations Türkiye exported its furnishings largely to.
During the identical interval, furnishings exports to Russia leaped by 55.3% to achieve $131.5 million, in response to the information.
Erkan Özkan, president of the Istanbul Furniture, Paper and Forest Products Exporters Association informed Anadolu Agency (AA) that investments within the sector accelerated because the elections had been left behind, and the way forward for the sector acquired clearer.
Noting that the quieter summer season season in different sectors was very advantageous for them, Özkan stated: “While increasing our export rates in this process from one side, we aim to set new export strategies and reach the records we aim for in the short and medium term. To this end, we added the Organisation of Islamic Cooperation Countries (OIC) Strategy to the Far Countries Strategy launched by the Trade Ministry last year and expanded our export route.”
“With the delegations we will form, we will visit the OIC member countries, which has 57 members, and develop export strategies that are suitable for the needs of those countries. Although we are not weak in these markets, we have a very high chance of a larger share in exports, given the potential of the countries,” he famous.
The exports from the identical sector in 2022 elevated by 20.8% when in comparison with the yr earlier and peaked at $8.44 billion, reaching the best annual determine of all time, in response to Türkiye Exporters Assembly (TIM) information.
Source: www.dailysabah.com
