Türkiye’s exports to Gulf nations noticed a considerable improve of 16.1% in January, in comparison with final yr’s complete of $1.43 billion (TL 26.9 billion).
The nation’s total exports in January rose to $19.38 billion, a ten.4% improve in comparison with the identical month in 2022, in response to the Turkish Exporters Assembly (TİM) knowledge.
In the Gulf area, Türkiye exported $671.2 million to Iraq, $223.1 million to the UAE, $202.8 million to Saudi Arabia, $191.7 million to Iran, $54.9 million to Qatar, $45.4 million to Kuwait, $27.6 million to Oman and $14.3 million to Bahrain. Notably, Saudi Arabia confirmed the best proportional improve in exports in January.
The jewellery sector was the main trade in exports to the UAE, totaling $31.3 million in January.
In January, Türkiye’s exports to the Gulf nations have been pushed by numerous sectors.
Chemicals and merchandise topped the checklist, with exports price $2.3 million to Bahrain and $46.8 million to Iran. Other main sectors included grains, pulses, oilseeds and merchandise, which have been exported to Iraq with $164 million, and furnishings, which was exported to Qatar with $8.1 million.
In addition, ready-made clothes and attire have been exported to Kuwait with $5.7 million, whereas the carpet sector noticed exports price $29.3 million to Saudi Arabia. Grains, pulses, oilseeds and merchandise have been additionally exported to Oman, with a complete worth of $6 million.
In phrases of provinces, Istanbul was the highest exporter to the Gulf nations in January, with exports totaling $522.6 million. Specifically, Istanbul exported $122 million to the UAE, $7.2 million to Bahrain, $178 million to Iraq, $112.6 million to Iran, $27 million to Qatar, $20.3 million to Kuwait, $65 million to Saudi Arabia and $9.5 million to Oman.
Source: www.dailysabah.com
