Türkiye’s exports to African international locations exceeded $21 billion final yr, reaching file ranges, in accordance with official information.
Sales to the continent elevated by 12.3% in comparison with 2021, an Anadolu Agency (AA) report stated Thursday, citing information from the Turkish Exporters Assembly (TIM) information.
While the share of international gross sales to African international locations in complete exports was 8.6% in 2022, African international locations turned the third nation group to which Türkiye exported probably the most on the premise of nation teams final yr.
In 2022, Türkiye made international gross sales of $93.6 billion to EU international locations and $32.8 billion to Middle East international locations.
Among African international locations, the international locations that Türkiye exported probably the most to have been Egypt with $3.9 billion, Morocco with $3 billion, Libya with $2.4 billion, Algeria with $1.9 billion and South Africa with $1.6 billion.
The file degree of export figures got here as Türkiye pushed for increasing into different markets in commerce. Turkish exporters centered extra on different markets with the beginning of the Russia-Ukraine struggle.
While there have been losses in Türkiye’s exports to Russia and Ukraine at the start of the struggle, cancellations and postponements in orders have been among the many major elements that negatively affected the exports of the sectors to those two international locations.
Sectors, which positioned the merchandise they might not export within the home market, took motion to show this case into a possibility regardless of the destructive results of the struggle and positioned different markets on their radar with the beginning of the struggle.
While “increasing market diversity” turned extra necessary with the onset of the struggle, exporters who broke data of their exports to different markets started to reap the fruits of their work with the historic degree reached in African exports.
Chemical supplies prime exports
Last yr, from a sectoral standpoint, the chemical substances and merchandise sector made probably the most exports to African international locations. The sector made $4.2 billion in international gross sales to the area final yr.
Chemicals and their merchandise have been adopted by metal with $3.1 billion; cereals, pulses, oilseeds and merchandise with $2.7 billion; the automotive trade with $1.4 billion, and electrical energy and electronics with $1.3 billion.
The sectors with the least exports to the area have been decorative vegetation and merchandise with $1.6 million, different industrial merchandise with $10.9 million, olive and olive oil with $13.6 million, recent vegatables and fruits with $19.5 million, and ship yacht and companies with $48.2 million.
In exports to African international locations, chemical substances and merchandise additionally led the way in which within the improve in exports on the premise of worth. Last yr, the sector’s export improve to African international locations was $1.1 billion.
Exports to the area elevated by $558.8 million in cereals, pulses, oilseeds and merchandise; $439.2 million within the metal sector; $148.7 million in furnishings, paper and forestry merchandise, and $122.6 million in textiles and uncooked supplies.
Türkiye “works hard” to strengthen its ties with all African international locations and business relations are one of many prime priorities, Foreign Minister Mevlüt Çavuşoğlu stated just lately in a press release.
Çavuşoğlu is presently in Rwanda as a part of a five-nation African tour that included South Africa, Zimbabwe, Rwanda, Gabon, and Sao Tome and Principe.
