The Countries to Which Turkey Exported the Most In 2019 and The Rates of Increase Compared to Last Year
According to data announced by the Turkish Exporters Assembly (TIM) considering the General Trade System, the total export value of Turkey was 180.4 billion dollars in 2019.
In our earlier articles, we analyzed the sectoral and regional total exports of Turkey in 2019.
In 2019, while most of the imports of Turkey were realized in the Industry sector, when we analyze regionally, we see that most of the exports were to European countries.
In this article, we are going to analyze Turkey’s top export countries in 2019.
We would like to particularly indicate that the figures of bonded warehouses and free trade zones within Turkey and the figures of exports exempted from registered export associations are not included in the national export figures announced by the Turkish Exporters Assembly (TIM).
In the graphic chart below, you can find the comparison of the figures of 2019 announced by TIM, Turkey’s top export countries and the export figures of 2018.
Looking at the chart above, we see Germany at the top. While Turkey’s export to Germany was 15.8 billion dollars in 2018, it decreased by %5.46 to 14.9 billion dollars in 2019.
Turkey has been maintaining its trade relationship with Germany for many years and Germany has always been an important market for Turkey’s exports.
Compared to the previous year, the biggest increase by value in the export of Turkey in 2019 was the Netherlands market with 679 million dollars. When we look at the top three product group which was exported to the Netherlands market the most in 2019, we see that Motor Land Vehicles and Parts is ranked at the top with an export value of 1 billion dollars. The exports of Motor Land Vehicles and Parts has shown an increase of 36% in 2019 when compared to the previous year. Mineral Fuels, Mineral Oils, and Products of Their Distillation ranked number two. The total export value of this product group in 2019 was 704 million dollars. It significantly accelerated with a dramatic increase of 198% compared to the previous year. Knitted or Crocheted Apparel and Clothing Accessories products group ranked in third place with an export value of 555 million dollars. The Knitted or Crocheted Apparel and Clothing Accessories export to the Netherlands has shown an increase of 7% in 2019 compared to the previous year.
When looking at pro-rata, the major increment rate was the Saudi Arabian market by 21.42%, compared to the previous year. When we analyze the most important top three product groups that Turkey exports to Saudi Arabia, we see Carpets and Other Floorings Made of Materials Suitable for Weaving at the top. The total export value of Carpets and Other Floorings Made of Materials Suitable for Weaving has increased by 28% in 2019 when compared to the previous year which was 341 million dollars. The export value of Electric Machines & Devices and Parts which ranked at second has shown an increment of 31% and raised to the level of 216 million dollars. The furniture product group ranked in third place. The export value of the furniture products from Turkey to Saudi Arabia in 2019 was 210 million dollars and it has increased by 15% compared to the previous year.
You can see in detail the table of the countries to which Turkey exported the most in 2019, their export values, their exchange ratio compared the previous year and their share in total export in 2019.