Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Turkey's exports remain unaffected by diplomatic rows

by Daily Sabah

ISTANBUL Sep 12, 2017 - 12:00 am GMT+3
by Daily Sabah Sep 12, 2017 12:00 am

As Turkish exports to countries such as Germany, Iraq, the U.S. and the United Arab Emirates continue, the country's foreign trade performance has remained positive in spite of recent developments in diplomacy.

According to data compiled from the Turkish Statistical Institute (TurkStat) and the Customs and Commerce Ministry, Turkish exports in the first eight months of this year increased by 10.8 percent, to around $103.4 billion.

Trade relations with diplomatically tense Germany, where the most political tension has been seen in the recent period, led among the ranks of other countries in terms of Turkish exports.

In other words, exports to Germany in the January-August period saw an increase of 7 percent compared to the same period last year, reaching around $9.79 billion.

Moreover, $6.36 billion in exports were made to Iraq, where security problems surrounding the Bashiqa camp have caused a diplomatic spat, surrounding the 150 Turkish soldiers and as many as 25 tanks were stationed to protect Turkish servicemen training Iraqi volunteers to fight Daesh, since March 2015.

Turkey's exports to Iraq increased by 35.3 percent in the first eight months of this year compared to the same period last year. Exports to the U.K. in the same period were $6.2 billion, while exports to the U.S. increased by 33.9 percent from $4.3 billion to $5.8.

After the Qatar crisis, exports to the UAE increased by 149.2 percent year-on-year in the first eight months of this year. Accordingly, exports, which were $2.9 billion in January-August last year, reached to $7.4 billion in the same period of this year. Exports to other countries, in contrast, increased by 6 percent to around $67.8 billion.

On the other hand, trade with Russia that had broken down in the wake of the jet crisis in late November 2015 has also started to increase again, thanks to the mutual steps being taken by Moscow and Ankara. Exports to Russia in the January-July period were registered at $1.3 billion.

  • shortlink copied
  • RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    homepage
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Celebrating Holy Week
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021