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The share of railways in trade is increasing

While Turkey has recently broken the records in the history of the Republic in exports, the share of railways in this performance is gradually increasing. Exports by rail increased by 33 percent in 2019 compared to the previous year, reaching 967 million dollars.

According to the information compiled by the AA correspondent, in parallel with the targets in the country’s Export Master Plan and Logistics Master Plan, it is planned to achieve a balanced structure of foreign trade according to transportation modes in the logistics sector and to increase the share of railway transportation.

In this context, increasing the efficiency of logistics services, determining alternative transportation routes and working on the establishment of logistics centers in Turkey are among the focused issues. The work carried out is expected to make a positive contribution to Turkey’s foreign trade.

According to Turkish Statistical Institute (TUIK) data, Turkey’s total exports in 2019 increased by 2.2 percent compared to the previous year within the scope of the General Trade System, reaching 180 billion 718 million dollars.

During this period, most of the foreign trade was done by sea transportation. The share of seaborne exports in total exports approached 62 percent.

After sea transportation, land transportation was the most used route in foreign trade. In 2019, 28.4 percent of exports were carried out by land, 8.4 percent by air and 0.6 percent by rail.

Exports by rail increased by 33 percent, imports by 15.7 percent

Last year, maritime use in exports increased by 0.5 percent compared to 2018, reaching 106 billion dollars. While the amount of exports by land increased by 4.2 percent to 48.6 billion dollars, exports by air increased by 5 percent to 14.5 billion dollars. Exports by rail increased by 33 percent in the same period, reaching 967 million dollars.

Turkey’s imports decreased by 9 percent in 2019 compared to the previous year, reaching 202.7 billion dollars, while 54.2 percent of this was by sea, 16.4 percent by land, 14.2 percent by air and 0.7 percent by sea. It was seen that it was made by iron.

During this period, imports by sea decreased by 17 percent to 109.8 billion dollars, and imports by land decreased by 6 percent to 33.2 billion dollars. Despite the decrease here, imports by air increased by 1.2 percent to 28.8 billion dollars, and imports by rail increased by 15.8 percent and exceeded 1.4 billion dollars.

While Turkey’s total foreign trade decreased by 4 percent in 2019, it was noteworthy that there was a 22 percent increase in foreign trade by rail.

Source: https://www.aa.com.tr/tr/ekonomi/ticarette-demir-yolunun-payi-yukseliyor/1724737

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