Exports of the Turkish air conditioning sector reached $2.988 billion (TL 6.48 billion) with an increase of 11.8 percent in the first eight months of 2014 compared to the same period of the previous year.
According to the data gathered from the Turkish Exporters' Assembly, the heating and cooling sector which is positively affected by the achievements of Turkish contractors in foreign countries is enhancing its performance daily.
The air-conditioning sector, which ranks 12th in Turkey's export list and exports to more than 150 countries, covered 3.6 percent of industrial exports in the first eight months of the year. Foreign trade which was nearly $311 million in August 2013 rose to $330 million with an increase of 6 percent in the same month of this year.
With 25 percent of the companies based in Istanbul, the sector increased its export of air conditioning systems by 13 percent in the January-August period compared to the same period of previous year. Istanbul made nearly half of the total foreign sale on its own with air conditioning exports valued at around $1.418 billion. Turkey's highest rate of air conditioning exports were to Germany, Russia, Iraq, England, Iran, Azerbaijan and Turkmenistan, respectively, among others.
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