Turkish Exporters Assembly (TİM) announced the export figures for August. Türkiye's exports were 12 billion 463 million dollars in August 2020. While 8 sectors reached the highest export in August in its history, exports to 85 countries increased by 516 million dollars. Each sector has managed to export to 14 countries, including Britain, Germany, France, and the Netherlands.
TİM Chairman İsmail Gülle said, “Our exporters, even in these difficult conditions, exported at a close level to August of last year. From the global trade point of view, it appears that our country's exports are on a positive course compared to most countries. We are coming out getting stronger step by step from the storm of the pandemic that surrounds the whole world. Because we believe that; the future is bright; the future is export! Türkiye will continue to be a pioneer in exports and growth also in the new period with its strong investment, production and export infrastructure.”
Turkish Exporters Assembly (TİM) announced temporary foreign exports figures for August. According to the General Trade System (GTS), exports were 12 billion 463 million dollars in August, down 5.7 percent from August last year. Exports in the last 12 months were $165.8 billion, down 8.1 percent.
Evaluating the recent developments in global trade, TİM Chairman İsmail Gülle said, “We are at a time when different variables affect global trade. International organizations still maintain the expectation that in 2020, the biggest post-World War II contraction will occur. So much so that the World Trade Organization said global goods trade fell at a record low in the second quarter of the year. The commodity trade barometer, which measures the pulse of global trade, fell to 84.5 points. In August, the Covid-19 outbreak continued to spread unabated. The total number of official patient cases in the world in the month we left behind exceeded 25.5 million. In the last month alone, that number has increased by close to 50 percent. This uncertainty, in our markets with the increase in number of patient cases, cause fluctuations in our exports.”
“We set an example for the world”
In new normal, this and similar contractions in international trade can be predicted in their projections, Gülle said: “Our exporters, even in these difficult conditions, exported at a fairly close level to August of last year. Our export figures in the last three months that have come with normalization show that we are rapidly adapting to the needs of the new era. I congratulate every member of our export family for their selfless work during this period. The projects of 'Transportation with Alternative Logistics Routes and Transportation Methods' and 'Contactless Export', which were put forward with great dedication, was an example to the whole world. In the success of this three-month period, the works carried out by our government during the pandemic process has a huge share. As the Turkish Exporters Assembly, which is the only umbrella organization of Turkish exports; we would like to thank our Mr. President, Mr. Minister of Commerce and Mr. Minister of Treasury and Finance for all these important projects and studies put forward.”
“Our exports are positive compared to most countries”
Economy of Türkiye reached the growth figure above expectations in the first two quarters of 2020, Gülle spoke as “In the first quarter of 2020, our country achieved the highest growth rate among both OECD countries and G-20 countries with a growth rate of 4.5 percent. Second-quarter data show that Türkiye is performing positively compared to many countries. In the second quarter of this year, The United States contracted 31.7 percent, the United Kingdom 22.8 percent, Spain 22.2 percent, France 19.2 percent, and European Union countries with a 14.1 percent contraction on average in the economy. During the same period, our country's economy performed above expectations and faced a contraction of 9.9 percent. All this data reveals our country's success in the growth model based on production and exports. From the global trade point of view, it appears that our country's exports are on a positive course compared to most countries. When we examined the exports of countries in the first seven months of the year; we see Norway's exports fall 24 percent, India's exports fall by 22 percent and Japan's exports also by 16 percent. We are coming out getting stronger step by step from the storm of the pandemic that surrounds the whole world. Because we believe that the future is bright, the future is export! Türkiye will continue to be a pioneer in exports and growth also in the new period with its strong investment, production, and export infrastructure.”, he continued.
“The first virtual trade delegation dedicated to female exporters is on September 21st”
Gülle explained the work carried out within TİM during the pandemic period with the following words: “The year of 2020 has been become a year in which we moved our jobs to virtual media under the influence of the pandemic. We adapted to the new normal very quickly. We have successfully completed the Virtual Trade delegations carried out with the coordination of our Ministry in 8 countries. In line with the demands of our exporters, we will increase the number of our virtual trade delegations in the coming period. This month, we added new ones to the virtual trade delegations that we carried out under the coordination of our Ministry of Commerce. With the participation of many sector representatives, exporters have signed new cooperation in the German and Colombian & Mexico markets. Our Virtual Trade Delegations will not be limited to these countries, as TİM we will continue our 'Next Generation Trade Diplomacy' activities in target markets with 95,000 members of the export family. As TİM, we will sign another first with the participation of our Women Council. From September 21st to October 2nd, we will hold the Virtual General Trade Delegation of Chile, Peru, Colombia, Mexico, which is the first virtual trade delegation for our female exporters and is open to participation in all sectors. With this delegation, we aim to increase our number of female exporters and increase export volumes.”
“8 sectors reached the highest export in August in its history”
Referring to the details about August exports, TİM Chairman Gülle gave the following information: “The Fresh Fruit and Vegetables, Cereals and Fruit and Vegetable Products sectors showed the best 8 months of their history despite pandemic. According to the same period in 2019; the Fresh Fruit and Vegetables sector increased by 23.8 percent to $1.5 billion, the Cereals sector increased by 7.8 percent to $4.6 billion and the Fruit and Vegetable Products sector exported $1 billion with a 5.3 percent increase. In addition, Cement Glass Ceramics and Soil Products, Carpet, Grain, Pulses, Oil Seeds and Products, Fruit and Vegetable Products, Furniture, Paper and Forestry Products, Defense and Aerospace Industries, Ornamental Plants and Products and Fresh Fruit and Vegetables sectors reached the highest export figures.”
Exports to 85 countries increased by 516 million dollars
Despite the negative picture in global trade, Türkiye managed to increase its exports to 85 countries by 516 million dollars in August. In 51 of these 85 countries, the increase was 10 percent and in 22 of them more than 50 percent. Among these countries, the United States with an export increase of 64.2 million dollars, Belgium with an export increase of 59.3 million dollars and Israel with an increase in exports of 35.7 million dollars attracted attention compared to August last year.
Respiratory device exports increased by 4,097 percent
Exports of Covid-19 products did not showdown in August. According to the same month of the previous year; Respirator devices increased 4,097 percent, Masks and Gowns 641 percent, Diagnostic Kits 178 percent, and disinfectant exports increased 47 percent. Total Medical Product exports increased by 312 percent to 76 million dollars. In the first 8 months of the year, total medical product exports reached 530 million dollars; compared to the first eight months of 2019, it increased by 208 percent.
In August, 1,307 companies joined the exports family
In August, 1,307 companies joined the exports family. These companies, which have just started to export, exported 110 million 19 thousand dollars in August. Considering the company specific, a total of 37,475 companies exported in August.
The Ready-to-Wear sector took the lead
The leader of the month of August was the Ready-to-Wear sector with an export of 1 billion 545 million dollars, while the Automotive sector was the second with exports of 1 billion 545 million dollars, and Chemicals became the third with exports of 1 billion 375 million dollars. The strongest performers of August are Hazelnuts and Products, which reached 92.8 million dollars in exports with an increase of 39.3 percent, Tobacco, which reached 71.3 million dollars with an increase of 36.1 percent, and Fresh Fruit and Vegetables sectors, which reached 130.2 million dollars with an increase of 18.6 percent.
Every sector has exported to 14 countries
In August, exporters managed to fly our country's flag in 207 countries. The top 3 countries with the highest exports were Germany with 1 billion 210 million dollars, England with 989,2 million dollars and the USA with 739,6 million dollars. While the share of the top 10 countries in exports was 50 percent, this share increased to 67.3 percent in the first 20 countries. Each sector has succeeded in exporting to 14 countries, including England, Germany, France, and the Netherlands. The share of the European Union, the largest market, in exports decreased to 41.3 percent with a volume of $ 5.15 billion dollars.
The most remarkable increase was seen in Kastamonu
Looking at the exports of the provinces; 51 provinces increased their exports in August. Top 3 provinces with the highest exports are respectively; It became İstanbul with 5 billion 158 million dollars, Bursa with 863 million dollars and Kocaeli with 778 million dollars. The most striking increases are; Kastamonu, which signed exports of 21 million dollars with an increase of 514 percent, occurred in Adıyaman, which reached 12 million dollars with an increase of 132 percent, and Ordu, which exports 21 million dollars with an increase of 73 percent. While the machinery sector in Mardin increased its exports by 14 times, it was observed that the exports of the Fresh Fruit and Vegetables sector in Şırnak increased by 270 percent and the exports of the Defense and Aviation sector in Konya by 263 percent.
171 countries were exported with Turkish Lira
During the month, a total of 3 billion 703 million TL was exported to 171 countries. 6,114 companies preferred Turkish Lira for export transactions.
The positive effect of the parity was $331.8 million
Based on quantity, exports decreased by 0.2 percent in August compared to the same month of the previous year and amounted to 11.7 million tons. Finally, the positive effect of the Euro/Dollar parity in August was 331 million 848 thousand dollars.