Turkey sets $ 225 billion export record in 2021
January 6, 2022 6:10 p.m. (UTC + 04:00)
By economic center
Turkey set a new record with $ 225 billion in exports in 2021, Yeni Shafak newspaper reported.
Thanks to the interest in Turkish products, which reached 229 countries during the period of pandemic restrictions, freight crisis and increased savings around the world, a significant increase in exports to many regions has been recorded. , adds the report.
The country increased its exports by 32.9% from 2020 and reached $ 225.4 billion in 2021.
In 2020, Turkey managed to increase its exports to 184 countries. Annual export records have been broken in 112 countries, including Germany, the United States, England, Italy and Spain.
Unlike those who try to cloud Turkey’s export success with the increase in the exchange rate and write disaster scenarios, Turkey’s foreign trade attracts attention with its performance. The top three exporting countries were Germany with $ 19.33 billion, the United States with $ 14.73 billion and England with $ 13.71 billion.
The increase in exports to these countries, which have strict customs rules and regulations, is also considered a great success in Turkey’s export policy. Likewise, the average unit value of exports, which was 1.10 in 2020, reached 1.29 (17% growth) in 2021, which was interpreted as a qualified increase in exports.
In addition, Turkey increased its exports the most to countries like the United States ($ 4.54 billion), Italy ($ 3.40 billion) and Germany ($ 3.35 billion). ) in 2021.
On the other hand, Turkey’s long-standing “win-win” policy with Africa has paid off. Exports to sub-Saharan Africa increased by 31% to reach $ 7.8 billion, while exports to North Africa increased by 44% to reach $ 13.3 billion.
Exports to South America reached $ 3.6 billion with a significant increase of 86 percent. Likewise, a 34 percent increase in remote areas such as the Far East and Central Asia has drawn attention. On the other hand, the volume of exports to the Middle East region increased by 38%.
It should be noted that the success was obtained during the period when world trade was disrupted in particular because of the transport crisis. The government aims to increase the volume of exports to $ 250 billion by 2023.