While the economic effects of the new type of coronavirus (Covid-19) epidemic and the contraction in demand in important export markets negatively affected Turkey’s exports, exports to the Commonwealth of Independent States (CIS) countries increased in the January-April period.
According to the information compiled by the AA correspondent from the Turkish Exporters Assembly (TİM) data, Turkey exported to 10 different country groups in the four months of the year.
The country’s exports decreased by 13.6 percent in the January-April period compared to the same period last year, falling to 51 billion 741 million 747 thousand dollars.
During this period, the European Union (EU) was the country whose exports decreased the most on a country group basis, while the CIS countries stood out as the only country group where exports increased.
Decrease in 22 sectors in exports to the EU
Exports to the traditional export market, the EU, decreased by 18.3 percent in the January-April period compared to the same months of 2019, falling to 22 billion 769 million 502 thousand dollars.
While products from 27 sectors were sold to the EU, exports decreased in 22 of them and increased in 5 of them.
During the said period, the sector that increased its exports to the EU the most on a proportional basis was jewellery. Exports of the jewelery industry to the EU increased by 55 percent and reached 434.8 million dollars.
This sector was followed by hazelnuts and their products, which increased their exports by 37 percent and sold products worth 575.4 million dollars, and fresh fruits and vegetables, which increased their exports by 31 percent and sold 244.8 million dollars.
Fruit and vegetable products increased their annual exports by 25 percent, reaching 265.4 million dollars, while the grains, pulses, oilseeds and their products sector increased their exports by 12.2 percent, reaching 316.5 million dollars.
On the other hand, in the January-April period, compared to the same months of 2019, the sectors most affected by the effects of the Covid-19 epidemic in exports to the EU are other industrial products, whose exports decreased by 37 percent, steel, which decreased by 35 percent, automotive industry, which decreased by 29 percent, and carpets, whose exports decreased by 26 percent. and textiles and raw materials decreased by 25 percent.
The top 5 sectors with the most exports to the EU in this period are the automotive industry with 5.7 billion dollars, ready-made clothing and apparel with 3.3 billion dollars, chemicals and products with 2.6 billion dollars, electrical and electronics with 1.7 billion dollars and It was listed as iron and non-ferrous metals with .3 billion dollars.
The ship and yacht sector came to the fore in the proportional increase in exports to the CIS
While products worth 3 billion 877 million 587 thousand dollars were sold to the CIS, which is the only region where exports from Turkey increased among country groups in the four months of the year, in this period, exports to these countries increased by 5.1 percent on an annual basis.
While Turkish exporters exported to the CIS in 27 different sectors during the said period, the exports of 17 of them increased.
In the January-April period, compared to the four months of the previous year, the sector whose exports to the CIS increased the most on a proportional basis was ships and yachts. During this period, the ship and yacht sector more than doubled its annual exports from 10 million dollars to 28.9 million dollars.
This sector includes hazelnuts and their products, whose exports increased by 69 percent to 15.9 million dollars, cement, glass ceramics and soil products, whose exports increased by 33 percent to 85.7 million dollars, fresh fruits and vegetables, which increased by 29 percent to 347.5 million dollars, and 18 percent. It was followed by machinery and parts, which increased to 411.3 million dollars.
The sectors whose exports decreased the most in the four months of the year compared to the January-April period of last year were tobacco with 45 percent, defense and aerospace industry with 43 percent, leather and leather products with 22 percent, dried fruits and products with 20 percent and ready-made clothing with 10 percent. and it became a garment.
The sector with the most exports to the CIS in this period was chemicals and their products with 646.9 million dollars. This sector was followed by machinery and parts, fresh fruits and vegetables, automotive industry and textiles and raw materials.
Source: https://www.aa.com.tr/tr/ekonomi/bdtye-ihracat-ocak-nisan-doneminde-artti/1833514
