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NEWS Turkey reaches highest export level to the UK during the January-August period with $8.3 Billion

16 Sep 2024


Turkey and the UK have made significant positive strides in mutual cooperation, particularly over the past 20 years. The two countries continue to support each other in various areas. As a result, mutual trade is also benefiting from these positive developments.

Accordingly, Turkey reached its highest export level to the UK during the January-August period, with exports totalling $8.3 billion. Turkey's total exports increased by 3.9% compared to the same period last year, reaching $170.8 billion.

10.8% Increase in Exports

Turkey's exports to the UK rose by 10.8% compared to the same period last year, making a significant contribution to the country's overall export figures. The UK became Turkey's third-largest export market.

Top Export Destinations

In the first eight months, Turkey exported $12 billion to Germany, $8.8 billion to the US, $7.6 billion to Italy, and $6.8 billion to Iraq. During this period, Germany remained Turkey's largest export market.

Automotive Sector in the Lead

The automotive sector led Turkey's exports to the UK with $2.7 billion, followed by the electrical and electronics sector with $1.1 billion. Ready-made garments and textiles accounted for $982.1 million, chemical products and derivatives $578.2 million, and the steel sector $427.3 million in exports.

Key Sectors on the Rise

The automotive, electrical-electronics, and ready-made garments sectors played a crucial role in Turkey's export growth to the UK.

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