News

The Türkiye Exporters Assembly organized a trade delegation to Lagos, Nigeria from August 20-23. The delegation included representatives from Turkish and Nigerian companies, who held 150 bilateral business meetings during the course of the event.

The seven-month export from January to July reached $148.8 billion, while the 12-month export reached $261.5 billion. Compared to the same period last year, seven-month exports increased by 4.1%, and the last 12-month exports rose by 3.4%.

As part of the preparations for the 11th Türkiye Innovation Week, which will be organized for the 11th time this year by the Türkiye Exporters Assembly, the "TIW 2024 II. Common Mind Workshop" was held.

Noting that production costs have increased by over 100% in the past year, Chairman Gültepe said, “In some sectors, the rate has exceeded 120%. In the same period, the increase in the dollar exchange rate remained at 25%. Therefore, we are unable to set prices in many sectors. We fell short of our targets in the first half of the year.”

In the ranking of the top exporting sectors, the automotive industry maintained its leading position in June with $2.6 billion, followed by the chemical industry with $2.3 billion and the steel sector with $1.3 billion.