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Turkish carpet makers pin hope on Improving relations to raise Saudi sales

by John Pierce
July 3, 2023
in Business
2 min read
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As Ankara and Riyadh move To mend ties, Turkish carpet makers hope new will squeezing help They raise their sales after they all dry up over The last Husband of years.

Saudi businessmen have indicated an intention to reconsider up Purchases of Goods from Turkey in The next period, paving way for Exports to the Kingdom to quickly return to normal.

exports to one of The big buyers of Turkish rugs came in at just $565,000 (8.6 million Turkish liras) in 2021, according to data collected from the Southeast Anatolian Exporters Association (GAIB).

It was only $68 thousand in The first four months of This year out of The total carpet sales of The data showed 666 million dollars.

In contrast, total sales to Saudi Arabia amounted to $342.16 million in 2019, before dropping to $263.98 million year Later.

The kingdom was the industry secondBiggest customer just After the United States, President Mohamed Tourer said of Gaziantep room of Carpet makers.

The southeastern province of Gaziantep accounts indirectly for 85% of Sales of foreign Turkish carpets.

Saudi Arabia’s imports from Turkey have fallen to the lowest historical level last year After many unofficial months boycott in the Kingdom.

“Since we were not able to export directly As for Saudi Arabia, this country has been replaced by Europe. As carpet makers, we export to nearly 150 countries, “Tourer told Anadolu Agency (AA)”.

Ankara and Riyadh have in Recent months have attempted to repair some diplomatic damage after a decade of Tension, especially after 2018 murder of Dissident Saudi journalist Jamal Khashoggi in Consulate of the Kingdom of Saudi Arabia in Istanbul.

Late President Recep Tayyip Erdogan last pay month first High-level visit to Saudi Arabia in years, and then said Monday countries when common Will ‘to reactivate a great economic potential.”

Erdogan said his visit is an example of that of a common Will start a new interval with Riyadh and maybe start of a new era in political, military, economic and cultural cooperation.

After the trip, Erdogan said Ankara and Riyadh had agreed on The need to collect business circles and investors of the two countries.

Tourer said the restrictions have been implemented against Turkish goods in Kingdom Saudi Arabia over The last two years, which hit trade.

But Erdogan’s visit gave rise to optimism for He indicated the coming period.

“Our expectations are ancient times. If our relationships are with Saudi Arabia is getting better, I expect Saudi Arabia to be our number one market. He noted that our exports will increase by at least 25%.

“Turkish goods valuable in Kingdom Saudi Arabia. The people of Saudi Arabia preferred Turkish goods, and merchandise of else countries has not been in great demand. about 95% of The imported carpets were being exported to Saudi Arabia from Gaziantep.

“We think there will be something positive result in trade with Kingdom Saudi Arabia. I hope it’s customs issue will be solved in Very short time, and we will continue our direct sales as before.”

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