Turkey Exporters Assembly (TIM) Chairman İsmail Gülle, 2018, expects that the record as a record year as they said, "In addition, we look at the figures in September that a new market to begin to face the day, our success at the entrance, we see an increase in some countries." said.
In September, exports increased by 22.5 percent, in comparison to the same month of the previous year and amounted to 14 billion 476 million 54 thousand dollars. This figure is recorded as the highest monthly exports of September. This was the most rapid increase in the last 13 months of September exports. Thus, in the first nine months of the year, exports increased by 7 percent to 123 billion 110 million dollars. In the last 12 months, exports increased by 7.6 percent to 165 billion 56 million dollars.
In terms of quantity, exports increased by 30 percent compared to the same month of the previous year and reached 11.2 tons. In September of last year, 8.5 million tons of exports were realized. Thus, September 2018 was the second most exportable month to date. Textile sector, 1.4 billion dollars in garment and apparel exports with the eye filled. In the period mentioned the highest increase in exports in the sectors of steel with 95 percent, 65 percent was dried fruit and 53 percent with other industrial products group.
The Biggest Amount of Export Was to Germany
When we look at the export market, in September, the export datas were increased to 172 different countries and areas. The country with the highest exports was Germany with $ 1.4 billion. This country was followed by Britain with $ 1.1 billion, Italy with 825 million dollars and Iraq with $ 722 million.
In terms of country-group exports, exports to the EU increased by 24.7 percent in September compared to the same month of the previous year, to $ 7.3 billion. The share of the EU was 51 percent. 100 percent increase in exports to the Far East has attracted attention.
“Exports are a National Issue”
President of TIM Ismail Gülle, stated that they have reached the highest export data in September for all years, and also the most rapid export increase for 13 months.
Gülle, pointed to that 2018 was the year of records as they expected before, and stated that “We reached the records every month except June and August. I celebrate the success of the exporters who reached the records in September. Also, when we check September records, anyone can see that we were successful with exporting to new markets considering countries’ increase.”
Syndicated Loan to Exporters
Gülle, “In the past months, the contribution of the funds obtained from abroad has been great. Last year, we renewed our loan by 8.5% this year. Thus, we created an additional resource. These loans, Türk Eximbank, are the most important indicator of on-going confidence in the future of Turkey and the Turkish economy. Given the fact that the contribution of net exports to growth will be positive in the upcoming period, the support provided by Türk Eximbank for exports is even more important. Increasing its capital along with the renewed syndicated loan, our Bank is the biggest assurance of export financing” said.
“The share of SMEs in exports is growing fast”
Türk Eximbank the digit of exporters receive support, especially the importance of increasing share SMEs are underlined by Gülle stated that; “The exporters which are supported by Türk Eximbak are expected to reach 11.000 digit till the end of year. In addition, the share of SMEs, which was 64 percent among the total number of exporters benefiting from loans as of September, is expected to increase to 68 percent at the end of the year. The loans provided by Eximbank have a great function in increasing the number of exporters and exporters.”
