Turkey’s exports to the US amounted to $2.97 billion (57.2 billion TL) in the first quarter of 2023, according to data from the Turkish Exporters Association (TIM).
This represents an increase of 2.5% over the same period last year.
Turkish total Exports amounted to $61.59 billion in the year’s first Three months.
It was the United States second-Larger trading a partner for Turkish during this period, accounting for 5.46% of Country total exports.
Chemicals and products exports to the United States amounted to $278.5 million in the first quarter of 2023, making it the number one destination for These exports.
These were exports made From 68 cities across Türkiye, with Istanbul Accounting for The largest share, followed by the western province of Izmir, the capital Ankara, southeast of Gaziantep and northwest of Bursa.
In the first quartercomp in Istanbul made 1.22 billion dollars in Export sales to the United States, while those in Goods export from Izmir worth $281.8 million.
TIM President Mustafa Gültepe said that the United States is the world’s largest importing country, with $2.9 trillion in imports in 2022. So despite the geography distanceUnited State market not important in Türkiye exports.
Gultepe noted that Türkiye’s exports to the United States increased by 2.5 percent times over the past Contract, while a foreigner trade The volume increased to 1.6 times. he added There has been a marked increase in exports to the United States since 2020, with state ranking second in terms of The most exported in Türkiye countries in 2022 with $9 billion.
This represents highest annual value of exports to the United States for Türkiye.
“This is a huge increase in Exports to the United States reflect Turkey’s increasing competitiveness in the global market And his strength trade Relations with Gulteep said.
Gültepe noticed that the effects of Expected global trade shrinkage was visible in United State market.
Despite this, he said, the United States has maintained its position as Türkiye secondThe largest export market in the year’s first quarter.
Consider sectors with good performance in the first quarterChemicals materials topped up list with $279 million in Exports to the United States, Goltepe said, noting that the auto industry followed suit with $259 million jewelry with $223 million, ready-made Apparel and apparel products with $215 million.
Joltib also Highlight the strong performance of the defense and the airline industry, which generated $209 million in Exports to the United States, making it one of top five segments for exports to the United States
Gultepe emphasized that he believes that Türkiye is a brand country in production, has the potential to increase share in United State market At least three times the current one And that they, like TIM, are doing their best work From this perspective.
Indicating that both TIM and exporters’ associations bear out special projects for United State marketGültepe said: “For example, we organized trade delegation with broad participation of the United States on February 26 – March 3. Our show over 100 B2B Meetings for Representatives of Our companies are in many sectors, especially textiles, carpets and furniture, with 30 leading comp in United State”
Despite the downturn in consumption and negative impact of exchange rate on Our competitiveness, we continue work Day and night to increase our exports to the United States and all our markets.