Erdogan: Turkey’s exports in 2022 reach record $254.2 billion

Erdogan said that over the last 20 years Turkey’s exports have increased sevenfold from $36 billion and now the growth “cannot be stopped by uncertainties and obstacles”

Turkey’s exports rose 12.9 percent year on year to $254.2 billion, President Recep Tayyip Erdogan said. This is a record high in the country’s history, he said.

“Over the past 20 years, we have continued active steps to develop the country,” the Turkish president said (quoted by Anadolu). According to Erdogan, during the rule of the Justice and Development Party headed by him, the volume of exports has increased sevenfold from $36 billion. Turkey trades in national currency with 197 countries.

Turkey’s president said the rise in exports “cannot be stopped by uncertainties and obstacles,” such as the fighting in Ukraine and the crisis in energy and raw materials. He said the government’s goal is to make the country one of the world’s top 10 exporting nations.

According to German company Statista, in 2021 the top 10 leading exporters were China ($3.36 trillion), the U.S. ($1.75 trillion), Germany ($1.63 trillion), the Netherlands ($836 billion), Japan ($756 billion), Hong Kong ($670 billion), South Korea ($644 billion), Italy ($610 billion), France ($585 billion) and Belgium ($543 billion).

At the same time, Turkey ranked 11th among the countries supplying goods to Russia (the USA, France, Japan, Poland and Italy were ahead of Turkey), but last summer it was included in the top five, RBC wrote. This happened against the background of harsh Western sanctions against Moscow imposed because of the military operation in Ukraine (Ankara is the only member of the NATO bloc that did not join the restrictions).

The growth continued in the fall: according to the Turkish Institute of Statistics, cash shipments of goods from Turkey to Russia reached $1.15 billion in September, 21% more than in August ($948 million) and 2.3 times more than in September 2021 ($504 million).

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