TİM CHAIRMAN GÜLLE: WE SET A NEW RECORD FOR FIRST QUARTER AND MONTHLY
Turkish Exporters Assembly (TİM) announced the export figures for March and the first quarter. In March, Türkiye's exports reached 18 billion 985 million dollars, the highest monthly export figure in the history of the Republic, with an increase of 42.2% compared to the same month last year despite the pandemic. The export family also achieved an all-time high first-quarter figure with exports of 50 billion 23 million dollars in the January-March period, an increase of 17.3% compared to the first quarter in 2020. The export family has succeeded in closing the last four months with March with a record. In March, 24 sectors increased their exports compared to the same month of the earlier year. 7 sectors set the highest monthly export record in their history. In the first quarter of the year, the automotive sector became first with $7 billion 690 million, Chemical Substances became second with $5 billion 310 million, and the Apparel sector became third with $4 billion 707 million. In March, our exporters managed to wave the Turkish flag in 218 countries and regions. Turkish exporters increased their exports to 150 countries. 11 provinces; Antalya, Denizli, İstanbul, Kahramanmaraş, Karabük, Kırşehir, Konya, Manisa, Niğde, Samsun and Tekirdağ; performed the highest monthly export in their history in March. Also, 74 provinces achieved significant success by increasing their exports in March.
TİM Chairman İsmail Gülle said, “In March, our exports increased by 42.2% compared to the same month earlier year and amounted to 18 billion 985 million dollars, we set the highest monthly export record in the history of the Republic. In the first quarter of 2021, we set another record increasing by 17.3 percent to 50 billion 23 million dollars. We will hopefully reach 200 billion dollars that is much higher than our annual export target of $184 billion together. Exports are a matter of homeland, beyond everyday events, different views. Our exporter works with a sense of responsibility that serves national interests such as employment, production, foreign currency input, innovation, country reputation and fulfills all these responsibilities properly.”
Despite the harsh conditions of the pandemic that has shaken the world economies deeply, the Turkish export family, which started 2021 with a record by showing its ability to produce in all conditions and supplier power, sets an all-time monthly export record every month. The export family, which exported $169 billion 482 million, exceeding earlier year's target of $165.9 billion, also is expected to surpass this year's export target of $184 billion, which is set records every month. Turkish Exporters Assembly (TİM), the only umbrella organization of 100,000 exporters with 61 Exporters' Association and 27 sectors, continues its efforts at full speed to achieve its export and 'Türkiye Giving Foreign Trade Surplus' target.
TİM announced the temporary foreign trade figures for March at a meeting in Ankara with the participation of Trade Minister Ruhsar Pekcan. According to the General Trade System (GTS), exports reached 18 billion 985 million dollars in March, an increase of 42.2 percent compared to the same month of the earlier year, making the highest monthly export in the history of the Republic. Despite the pandemic, Turkish exporters reached an all-time high first-quarter export figure of 50 billion 23 million dollars with an increase of 17.3 percent in the January-March period. In March, 24 sectors increased their exports compared to the same month of the earlier year. 7 sectors set the highest monthly export record in their history.
“We are proud of the first quarter and monthly export record”
Evaluating the export figures for March and the first quarter, TİM Chairman İsmail Gülle said, “Last December, we set an all-time monthly export record. After January and February, which we closed with a record, the export family performed very successfully also in March. We are proud to renew the all-time monthly export record this month. Thus, we have set an export record in the last four months in a row. At the same time, we realized the highest first-quarter exports with our March export figure. Always going further, aiming for better, it is a long tradition for the family. Exports are a matter of homeland, beyond daily events, different views.”
“Our exports in the last six months have exceeded 100 billion dollars”
Noting that the exports exceeded 100 billion dollars in the last six months, Gülle said, “Our exporter works with a sense of responsibility that serves national interests such as employment, production, foreign currency input, innovation, country reputation, and fulfill all these responsibilities properly. During the pandemic period, which is one of the most extraordinary events in the history of the world, the increase in exports and even breaking records is the product of a tremendous effort. To keep up with the speed of our exporter, we continue to work with an intensive agenda. On the one hand, we export with records, with an increasing volume. We are working not only to increase our exports but also to facilitate export processes."
Virtual landing in 54 countries
Stating that they are continuing their work rapidly as field workers of trade diplomacy, Gülle said: “As TİM and Exporters' Associations, since May last year, we have held 64 Virtual Trade Delegations and 10 Virtual Fairs in 54 countries. In April, we will hold Latin American Virtual Trade Delegation to Argentina, Paraguay, Uruguay, and Chile, and another Virtual Trade Delegation to the United States. For each of our sectors to export at high amounts, and the products that the people of our country put forward with their sweat to be called enviously in all around the world, we will continue our trade diplomacy activities.”
“Export growth of 42.2 percent in March and 17.3 percent in the first quarter”
Referring to exports growth in March and first quarter in his speech, Gülle said, “In March, our exports reached 18 billion 985 million dollars, with an increase of 42.2% compared to the same month earlier year. In the first quarter of 2021, our exports increased to 50 billion 23 million dollars with an increase of 17.3 percent. We will hopefully reach 200 billion dollars that is much higher than our annual export target of $184 billion together. The atmosphere of global chaos in March last year will remain in our memories for a long time. However, since then, the way we have come, the difficulties we have overcome, what we have done and achieved to protect our country and our exports; Thank God allowed us to share these beautiful figures with you. Our 1339 company exported for the first time in March. These companies, which have just started exporting, exported 62 million 400 thousand dollars in March. Looking at the overall table, a total of 39,170 companies exported in March. Thus, in the first quarter of the year, the number of companies exporting was 59,913 and the number of companies exporting for the first time was 4,334.”
“7 sectors have signed the highest monthly exports in their history”
Noting the performance of the sectors in March, Gülle continued: “We see that 24 sectors increased their exports compared to the same month of the earlier year. A total of 7 sectors achieved the highest monthly export performance in their history. These sectors were Chemicals and Products, Electrical and Electronics, Textiles and Raw Materials, Cereals, Pulses, Oilseeds and Products, Furniture Paper and Forest Products, Air Conditioning Industry, Cement Glass-Ceramics, and Soil Products. In March while the automotive sector, exporting 2 billion 893 million dollars, maintains its leadership; the Chemicals sector, which reached $2 billion, became second; and the apparel sector, which reached $1 billion 678 million, became in third. This month the sectors that have achieved the strongest growth performance were the Ship and Yacht sector, which reached an increase of 124 percent to $154 million; Defense and Aviation sector, which increased by 75 percent to $247 million; Steel sectors, which reached an increase of 58 percent to $1 billion 547 million. In the first quarter of the year, our automotive sector became first with 7 billion 690 million dollars, Chemical Substances became second with 5 billion 310 million dollars and the Ready-to-Wear sector became third with 4 billion 707 million dollars.”
Defense and Aviation marked on first-quarter exports
Gülle said that in the first three months, the Defense and Aviation sector increased its exports by 34 percent with $647 million. Stating that exports of mining products increased significantly by 30 percent with $1 billion 215 million dollars, Gülle said that the Electrical Electronics sector increased its exports by 28 percent with $3.2 billion.
They waved the Turkish flag in 218 countries and regions
Stating that our exporters succeed to wave the Turkish flag in 218 countries and regions in March, Gülle said, “We have succeeded in increasing our exports to 150 countries. The top 3 countries, where our exporters export the most, were Germany with $1 billion 670 million, the United States with $1 billion 240 million, and the United Kingdom with $1 billion 6 million dollars. The countries, where we increase our exports the most in terms of amount, were The United Arab Emirates with an increase of $535 million, Italy with an increase of $439 million, and Iraq with an increase of $437 million.”
Export growth to EU rises to 47 percent
Stating that in March, exports to the European Union (EU-27), our largest market by country groups, increased by 47 percent, reaching a volume of $7.9 billion and taking a share of 41.4 percent, Gülle said, “When we add other European countries except for the EU, the share of the European continent in our exports in March was 54.7 percent. In other groups of the country, we made exports $3.5 billion to Near and Middle Eastern countries, $1.8 billion to the entire African continent, $1.4 billion to Far Eastern countries, and to North America, $1.3 billion. The most striking increases in March were; It was seen in the Steel sector, which increased its exports to Peru by 2655 percent, the Chemicals sector, which increased its exports to Malta by 1207 percent, and the Machinery and parts sector, which increased its exports to Iran by 891 percent.”
74 provinces increased their exports
Our 11 provinces; Antalya, Denizli, İstanbul, Kahramanmaraş, Karabük, Kırşehir, Konya, Manisa, Niğde, Samsun and Tekirdağ; performed the highest monthly export in their history in March. The top 3 provinces that exports the most were İstanbul with $7 billion 161 million (37% increase), Kocaeli with $1 billion 464 million, and Bursa with $1 billion 333 million (22% increase), respectively. The most notable increases have been seen in Yalova, which increased by 434 percent to $1153.7 million; in Şırnak, which increased by 206% to $81.7 million, and Diyarbakır, which increased by 180 percent to $18.6 million.
İstanbul leads in the first quarter
In the first quarter of 2021, our top 3 exporter provinces were İstanbul with $18 billion 986 million, Kocaeli with $3 billion 839 million (up 13%), and Bursa (up 4%) with $3 billion 700 million dollars respectively.
Export growth by quantity basis approached 15 million tons
Our exports, on a quantity basis, increased to 14.9 million tons by 18.7 percent compared to the same month earlier year. In the first quarter of the year, 40.3 million tons of exports were realized with an increase of 7.8 percent. The recent increase in euro/dollar parity has reflected positively on exports. The positive impact of the increase in parity in March was $572 million. The positive outlook for euro/dollar parity is expected to continue in the coming months. Since the beginning of the year, the increase in parity has been reflected in exports as 1 billion 581 million dollars.
Made exports to 174 countries with Turkish Lira
According to the declarations filed with Turkish Lira, exports were made to 174 countries with a total amount of TL 6.3 billion. 7,175 of our companies preferred Turkish lira in export transactions. The export family will continue to support the use of local currencies in bilateral trade.