Turkish Exporters’ Assembly – Muhasebe News

Turkish exports in February were 18.6 billion dollars despite the earthquakes

MuhasebeNews — Thu, 16 Mar 2023 08:16:20 +0000

Automotive industry ranked first among the sectors with the highest exports in February with 2.6 billion dollars. Chemicals and chemical products ranked second with 2.3 billion dollars and apparel sector ranked third with 1.6 billion dollars. Unit export value increased by 29.6 per cent compared to the same month of last year and rose to 1.69 dollars.

TIM President Mustafa Gültepe: Production continues in provinces such as Gaziantep and Adana, which were less affected by the earthquake. The wheels have started to turn in Kahramanmaraş, Adıyaman and Malatya. I foresee that the capacity will increase to 60 per cent after the Ramadan feast.

Turkey exported 18.6 billion dollars in February. Exports in the 12-month period were 254.8 billion dollars.

Mustafa Gültepe, President of the Turkish Exporters Assembly (TIM), reminded that February was a difficult month for the whole country due to the earthquakes. Gültepe stated that while the export family mobilised to heal the wounds of the earthquake victims, they also worked to prevent trade from stopping.

Gültepe also added; “According to the General Trade System (GTS) records, we completed February with exports of 18.6 billion dollars. We are 6.4 per cent less than the same month last year. The exports of 11 provinces in the earthquake region decreased by 43 per cent to 985 million dollars. While our exports for the first two months covering the January-February period increased by 1.5 percent to 38 billion dollars, our exports for the last 12 months were 254.8 billion dollars. The automotive sector made the highest contribution to our exports last month with 2.6 billion dollars. Our other sectors in the top five were listed as chemicals and chemical products with 2.3 billion dollars, apparel with 1.6 billion dollars, electrical-electronics with 1.3 billion dollars and steel with 1.1 billion dollars. In February, 18 provinces increased their exports. Our top five exporting provinces were Istanbul, Kocaeli, Bursa, Izmir and Ankara. Last month, one thousand 455 companies joined the export family. Our unit export value increased by 29.6 per cent compared to the same month of last year and rose to 1.69 dollars.”

Gültepe stated that Turkey’s top export destinations are Germany, Italy, the USA, Russia and the UK, and underlined that the recovery in exports to Saudi Arabia continues.

WE WILL REACH 60 PER CENT CAPACITY IN THE EARTHQUAKE REGION AFTER THE FEAST

Mustafa Gültepe also said the following about the aid activities of the exporters’ associations under the leadership of TIM for the earthquake victims and the process of returning to production in the region:

“Our pain is very great; our hearts are weeping blood. I once again wish God’s mercy to our citizens who lost their lives in the earthquakes, urgent healing to the wounded and patience to those who lost their relatives. We visited the region with our friends, we saw the destruction on the spot. We talked to earthquake victims and industrialists. Although there was not much physical damage to the production infrastructure, production had come to a standstill due to loss of employment.

Production continues in provinces such as Adana and Gaziantep, which were less affected by the earthquake. The wheels started to turn in Kahramanmaraş, Adıyaman and Malatya. In these provinces, 30 per cent capacity has been reached. However, people are forced to migrate due to housing problems. Therefore, it is of great importance to meet the need for temporary accommodation as soon as possible. Based on this fact, we joined hands with our exporter associations and launched the ‘TIM Container and Prefabricated Housing Project’. In the first stage, we are establishing temporary shelter centres in Kahramanmaraş, Adıyaman, Hatay and Malatya, which were most affected by the earthquake, with 1,000 houses for 5,000 people. We will hopefully start the shipment of the houses for the shelter centres to be located near the organised industrial zones as of next week. We will provide all kinds of support to our employees and their families in these centres. Because people have experienced very heavy traumas. It will take time to overcome this trauma and for our employees to participate in production. As the state and the private sector, we need to take steps to make it attractive for our earthquake victims to stay in the region and return to work. Our ministries and relevant institutions have made important arrangements in this regard. In addition to all these, our state can give a salary to the earthquake victims who return to work in the factories in the region for at least 6 months in addition to the salary they will receive from the company they work for.”

WE HAVE THE CAPACITY TO MEET ORDERS DESPITE THE EARTHQUAKE

Mustafa Gültepe, who also evaluated the effects of the earthquake on exports, stated that they received very strong messages of cooperation and solidarity from customers abroad from the first day. Emphasising that Turkey has the capacity to meet orders despite the temporary disruption of production in the region, Gültepe said, “Many of our customers, who do not believe the rumours that some of our competitor countries are trying to spread, such as ‘there will be a supply problem in Turkey’, want to increase their cooperation with us. I would like to thank them on behalf of all our exporters.”

ABOUT 40 PER CENT OF GROWTH IN 2022 CAME FROM EXPORTS OF GOODS AND SERVICES

Mustafa Gültepe said that while trying to heal the wounds of the earthquake, the 2022 growth figures announced by the Turkish Statistical Institute (TURKSTAT) were a morale for them. Gültepe reminded that Turkey’s economy grew by 5.6 per cent last year according to TURKSTAT’s data, “About 40 per cent of the growth came from the contribution of exports of goods and services. Despite the great disaster, we will work with all our strength to show the highest performance in exports on the 100th anniversary of the founding of our Republic. We will participate in more fairs and organise more trade delegations to all markets, far and near. We will host more buying missions in our country,” he said.

Mustafa Gültepe added that the reduction in electricity and natural gas prices used in industry as of March will also have a positive impact on the competitiveness of exporters.

Source: Turkish Exporters Assembly (TIM)
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Cooperation From Turkish Exporters Assembly and Turkish Airlines To Break New Export Records

MuhasebeNews — Fri, 10 Sep 2021 07:56:11 +0000

TİM CHAIRMAN GÜLLE: THE SHARE OF THE AIRLINE INCREASES IN EXPORT

The scope of the cooperation agreement of the Turkish Exporters Assembly (TİM) with Turkish Airlines (THY) for discounted cargo transportation has been expanded to reduce the logistics costs of the exporter. According to this, in the air cargo discount campaign, the number of destinations was increased to 46, additional tone capacity was provided, the discount rate was increased, and product ranges were expanded.

TİM Chairman İsmail Gülle said, “In the first 8 months of the year, our air cargo export increased by 28 percent from $5.3 billion to $6.8 billion. In the protocol signed today, the scope of export products was expanded with eggs, fresh fruits and vegetables, and fish. The destination was increased from 28 to 46. The discount available to exporters through list prices has been updated to 10-35 percent. Hopefully, with this new protocol, we will increase the share of air export much higher. Türkiye will rise with export. The export will also rise in the wings of THY.”

Turkish Exporters Assembly (TİM), the only umbrella organization of 100,000 exporters with 61 exporter associations and 27 sectors, continues its efforts to increase its export by reducing the costs of air cargo transportation. In this context, TİM and THY had signed a cooperation last year that gives a great advantage to Turkish exporters in global trade. Turkish Cargo was discounting between 10 percent and 30 percent for additional capacity and 28 destinations heavily used by exporters. Thanks to the cooperation that contributed greatly to Türkiye’s export mobilization, a total of nearly 1.2 billion dollars of high value-added products were exported in 4 months, while the scope of the agreement was expanded.

46 destinations in 35 countries

With the new protocol signed between TİM and THY; ten percent to 35 percent discount will be applied for air cargo transportation of Turkish export products covered by general cargo, eggs, fresh fruits and vegetables, and fish in 46 destinations in 35 countries. An additional capacity of 6,050 tons was allocated with the campaign, while the product ranges were expanded. The campaign will continue until December 31, 2021, when product contents are provided not only in tone but also under tons. “Air Cargo Cooperation Signing Ceremony”, held at Ankara ministry of commerce regarding the new protocol, was carried out with the participation of Minister of Commerce Mehmet Muş, Minister of Transport and Infrastructure Adil Karaismailoğlu, TİM Chairman İsmail Gülle, and Turkish Airlines Chairman of the Board and Executive Committee İlker Aycı.

“Export teamwork”

Speaking at the ceremony, İsmail Gülle, chairman of the Turkish Exporters Assembly, emphasized that THY is the country’s pride. Stating that THY was the most flying network carrier in Europe with 1333 daily flights between August 16 and 22, Gülle said, “While discussing the sinking of the global giants of the sector during the pandemic period, THY continued its way by opening new flights despite all the negative situations. When the borders were closed and transportation from the roads became almost impossible, Turkish Cargo, with its solid infrastructure in air logistics, delivered Turkish products safely and quickly to numerous destinations and stood by its export family. So much so that in May 2020, when the impact of the pandemic was most intensely felt, the share of exports by air exceeded 10 percent. Export is a team business. Every order received by the exporter is a serious process that requires an organization with its financing, production, marketing, and logistics. I would like to take this opportunity to congratulate our flag carrier aviation brand in the presence of Mr. İlker, chairman of the Board of Directors, for its contribution to export. Hopefully, with this new protocol, we will increase the share of exports by air much higher.”

Air cargo export reached $6.8 billion

Stating that the cooperation between TİM and THY regarding the cargo discount made in December 2020 contributed significantly to exports, Gülle continued: “It has started to offer a 10 percent to 30 percent discount on the transportation of Turkish export products by air cargo. We determined the destinations in such a way that our exporter would get maximum efficiency by analyzing which points are used intensively in logistics and the number of exports to these points. The figures clearly show the positive results of our TİM-THY Air Cargo Protocol. In the first 8 months of the year, our air cargo exports increased by 28 percent from $5.3 billion to $6.8 billion. These figures have further encouraged us to expand our cooperation. Today, we are expanding our cooperation with a new protocol for our exporters.

“Our export to the countries to be discounted exceeded 86 billion dollars in 8 months”

Noting that they exported 86 billion 376 million dollars to the countries under the new protocol in the first 8 months of 2021, an increase of 38 percent compared to the same period last year İsmail Gülle said, “With the signed protocol, our exporters will be able to deliver Turkish export products to 46 destinations in 35 countries with discount rates in the range of 10 percent to 35 percent the scope of General Cargo (GEN), Egg (HEG), Fresh Fruit and Vegetable (PEP) and Fish (PES). Among these 35 countries, it is also important that all of the top 5 countries we export to are included.”

“Turkish exporter turned crisis into opportunity”

Stating that the Turkish exporter, who evaluated the global demand increase and the transformation process in global supply chains very well after the shock environment created by the first wave of the pandemic, turned this crisis into an opportunity, TİM Chairmen Gülle said, “We are carefully interested in all levels of export to make these opportunities gained permanent and sustainable. In this context, we have received many requests at the point of transportation by air in consultations with our exporters. To respond quickly to these demands, the TİM THY Air Cargo Cooperation Protocol, which emerged as a result of our consultations with İlker Aycı, was presented to our exporters for five months on December 4th. In the protocol signed today, the scope of export products was expanded with eggs, fresh fruits and vegetables, and fish. The destination was increased from 28 to 46. The discount available to exporters through list prices has been updated to 10-35 percent. I believe that we will achieve many successes in exports with THY. I would like to thank THY for this important cooperation. Türkiye will rise with export. The export will also rise in the wings of THY.”

Aycı: Turkish Cargo has established export bridges around the world

İlker Aycı, chairman of the Board of Directors and Executive Committee of Turkish Airlines, said of the cooperation: “Our flag carrier cargo brand continues to be a lifeline for our exporter to reach strategically important markets with its wide service network. It is a proud occasion for the Turkish Airlines family to reinforce our contribution to our exports, which are the engine of our economy with one of the highest growth rates in the world. While the cargo sector contracted worldwide during the pandemic period, Turkish Cargo continued to grow and proved its success during the challenging period. During this difficult period, it has established export bridges for our exporters all over the world. With our soon-to-be-opened SmartIst cargo facility, our growth momentum will accelerate and a new era of air cargo transportation will begin. We believe that Turkish Cargo and TİM cooperation will continue to be the triggering force for both our country and our companies.

46 destinations to move on sale

In cooperation with TİM-THY, Turkish Cargo will apply discounts on the air cargo transportation of Turkish export products to Algeria, Amman, Amsterdam, Stockholm, Bahrain, Belgrade, Berlin, Beirut, Baghdad, Bangkok, Bangalore, Mumbai, Brussels, Basel, Cairo, Guangzhou, Paris, Dhaka, Delhi, Dusseldorf, Dubai, Hamburg, Hanoi, Hong Kong, Houston, Seoul, Islamabad, Kabul, Kiev, Karachi, Kuala Lumpur, Kuwait, Lahore, London, Linz, Chennai, Miami, Munich, Milan, Oslo, Ho Chi Minh City, Tel Aviv, Tunisia, Vilnius, Warsaw, and Zurich lines.

Source: Turkish Exporters Assembly
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Export Data of Turkey, April 2017!

MuhasebeNews — Wed, 03 May 2017 14:19:18 +0000

The Turkish Exporters’ Assembly has revealed the export data of Turkey.

According to the data of the Turkish Exporters’ Assembly, Turkey’s value of total exports in the last 12 months rose by 4% to stand at almost 145.7 billion dollars compared to the previous 12 months.

Other prominent export sectors that climbed in the month was the automotive sector with a 253 million dollars, followed by the mining and jewelry sectors’ increases of 112 million dollars and 100 million dollars respectively, according to Turkish Exporters’ Assembly data.

Additionally, Turkey’s eminent trading partner increased 3.2% in the month; they had increased by 2.1 billion dollars in the first four months of the year when compared to same period last year.

Turkey’s exports to its second-biggest trading partner, North America, surged by 28.7% in the month compared to April 2016.

In line with the data taken from Turkish Exporters’ Assembly, the most remarkable increases were seen in Turkey’s exports to Malta by 351%, the UAE by 99% and Canada by 50%.

Source: Turkish Exporters’ Assembly

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Turkey’s Export Figures in March 2017

MuhasebeNews — Thu, 13 Apr 2017 12:52:00 +0000

Turkish Exporters’ Assembly (TIM) has recently announced the export figures of March 2017. According to TIM data, Turkey’s exports increased by 19% in March, reaching 13.6 billion USD. Minister of Economy, Nihat Zeybekci, stated that this is the highest monthly export number in the last 36 months.

He also noted that the first quarter of 2017 also showed 9.2% increase in exports compared to the same period last year. He added that the foreign trade deficit decreased by 10% in April.

According to TIM data, top performing industries in March were Automotive, Sea Vessels and Jewelry with 32.5%, 87.3% and 75.4% increases respectively. In the first three month, automotive exports increased by almost 1.5 billion dollars, while steel increased by 874 million dollars and chemicals by 788 million dollars.

In March, exports to the Far East increased considerably, by 91%. Exports to EU-28 also continued its steady growth with a 20% increase with the largest increases in Malta and Portugal with 95.9% and

92.1% respectively. In addition to these countries, exports to Russia increased by 45.3% in March and by 40.3% in the first quarter.

Source: Ministry of Economy