The U.S. emerged as the second-top destination for Turkish exports in the first eight months of the year, with shipments surging close to 13% compared to the same period a year earlier, according to a report on Sunday.
Türkiye's exports to the U.S. increased by 12.9% year-over-year in the January-August period, reaching approximately $9.64 billion (TL 470.11 billion), the report by Anadolu Agency (AA) indicated. The U.S. thus became the second-largest destination for Turkish exports.
The country's total exports increased by 4% on a yearly basis in the January-August period, rising from $177.9 billion to $185 billion, according to data compiled from Türkiye Exporters Assembly (TIM).
During the same period, Germany ranked first among Türkiye's top export destinations, with exports totaling $13.58 billion.
When looking at trade with the U.S., exports surged from some $8.54 billion during the same period last year to $9.64 billion this January-August, approaching the $10 billion mark.
In Türkiye's exports to the United States during the first eight months of the year, the chemicals and chemical products and electrical and electronics sectors stood out, while exports by the steel sector in August increased by a staggering 404.6% versus the same month last year.
According to sectoral export data for the U.S., exports of chemicals and chemical products increased by 33.7% during the January-August period compared with the same period last year, climbing from $780.3 million to slightly over $1 billion.
Exports from the electrical and electronics sector to the U.S. also increased by 41.8% during this period, rising from $702.8 million to $996.4 million.
Meanwhile, the automotive industry was also among the sectors that exported the most to the United States. Its exports increased by 3.5% during the first eight months of the year, reaching $841.2 million.
During the same period, exports of cereals, pulses, oilseeds and related products increased by 4.7% to $596.9 million, while exports of ready-to-wear clothing and apparel rose by 6.5% to $594.8 million.
Similarly, sales of machinery and equipment also posted a yearly increase of about 27.2% to $530.8 million, while carpet exports rose by 5.2% to $486.7 million.
Looking at exports by province, Istanbul recorded the highest level of exports to the United States during the January-August period, totaling $3.42 billion. Istanbul's exports to the U.S. increased by 9.1% compared with the same period last year.
Istanbul was followed by the capital, Ankara, with $976.5 million, the western province of Izmir with $819.7 million, Gaziantep in the south with $816.4 million, and the northwestern province of Kocaeli with exports totalling some $700.3 million.
Ankara's exports to the United States increased by 53.5%, Gaziantep’s by 16.8%, Kocaeli’s by 13.6% and Izmir’s by 11.3%, respectively.
Exports from Bursa also increased by 25.7% during the same period, reaching $566.8 million, while exports from Eskişehir rose by 25.5% to $436.4 million.
