Turkey

Türkiye’s exports to the Middle East and Gulf countries increased by almost 25% in the first nine months of 2022

by Daily Sabah

Türkiye’s exports to the Middle East and Gulf countries increased by 24.8% in the first nine months of this year, with the highest exports to Iraq at $7.5 billion.

Exports to the countries, including Jordan, Yemen, Bahrain, the United Arab Emirates (UAE), Palestine, Iraq, Iran, Israel, Qatar, Kuwait, the Turkish Republic of Northern Cyprus (TRNC), Lebanon, Syria, Saudi Arabia and Oman, reached $24.6 billion in the period, according to a report released by Anadolu Agency (AA) Sunday that compiled data from the Turkish Exporters Assembly (TİM).

This figure was $19.7 billion in the same period of last year.

In the nine-month period, Iraq took the lion’s share in Türkiye’s exports to the region with $7.5 billion. Iraq was followed by Israel with $5.1 billion, the UAE with $2.5 billion, Iran with $1.7 billion and Lebanon with $1.7 billion.

During this period, some $1.8 billion worth of sales were made to Qatar, $1.7 billion to Syria, $985.8 million to the TRNC, $776.1 million to Yemen, $647.2 million to Jordan, $489.4 million to Kuwait, $420.8 million to Saudi Arabia, $306.9 million to Oman, $142.4 million to Bahrain and $92.2 million to Palestine.

Exports to the Middle East and the Gulf region increased in 13 countries in the January-September period of this year compared to the same period of 2021, but decreased in two countries.

Source
Daily Sabah
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