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Türkiye’s Gulf exports surge by 16.1% in Jan., totaling $1.43B

by Daily Sabah

ISTANBUL Feb 19, 2023 - 2:37 pm GMT+3
Containers are seen at the Port of İzmir in western Türkiye, Dec. 24, 2021. (AA Photo)
Containers are seen at the Port of İzmir in western Türkiye, Dec. 24, 2021. (AA Photo)
by Daily Sabah Feb 19, 2023 2:37 pm

Türkiye’s exports to Gulf countries saw a substantial increase of 16.1% in January, compared to last year, to reach $1.43 billion (TL 26.9 billion).

The country’s overall exports in January rose to $19.38 billion, a 10.4% increase compared to the same month in 2022, according to the Turkish Exporters Assembly (TIM) data.

In the Gulf region, Türkiye exported $671.2 million to Iraq, $223.1 million to the UAE, $202.8 million to Saudi Arabia, $191.7 million to Iran, $54.9 million to Qatar, $45.4 million to Kuwait, $27.6 million to Oman and $14.3 million to Bahrain. Notably, Saudi Arabia showed the highest proportional increase in exports in January.

The jewelry sector was the leading industry in exports to the UAE, totaling $31.3 million in January.

In January, Türkiye’s exports to the Gulf countries were driven by various sectors.

Chemicals and products topped the list, with exports worth $2.3 million to Bahrain and $46.8 million to Iran. Other leading sectors included grains, pulses, oilseeds and products, which were exported to Iraq with $164 million, and furniture, which was exported to Qatar with $8.1 million.

In addition, ready-made clothing and apparel were exported to Kuwait with $5.7 million, while the carpet sector saw exports worth $29.3 million to Saudi Arabia. Grains, pulses, oilseeds and products were also exported to Oman, with a total value of $6 million.

In terms of provinces, Istanbul was the top exporter to the Gulf countries in January, with exports totaling $522.6 million. Specifically, Istanbul exported $122 million to the UAE, $7.2 million to Bahrain, $178 million to Iraq, $112.6 million to Iran, $27 million to Qatar, $20.3 million to Kuwait, $65 million to Saudi Arabia and $9.5 million to Oman.

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  • Last Update: Feb 19, 2023 4:23 pm
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