Turkey's February exports reach $20.8 billion, chemical exports strong

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Turkey's overall export volume reached 20.8 billion billion US dollars in February, with outstanding performance in the chemical industry, leading the export list of plastics and products, and Italy becoming the largest export market.

March 6, 2025, Turkish export data again good news. According to the latest statistics from the Turkish Exporters Conference (TIM), Turkey's overall exports climbed to US $20.8 billion in February, of which exports of chemicals and products were US $2.5 billion, ranking the second largest export industry.

Chemical Exports in

Adil Pelister, chairman of the board of directors of the Istanbul Exporters Association of Chemicals and Products (İKMİB), noted that despite many challenges, Turkey achieved economic growth of 3.2 percent in 2024. As one of the export pillars, the export value of the chemical industry reached 30.8 billion billion US dollars last year, an increase of 1% year-on-year. At the beginning of this year, chemical exports continued unabated, maintaining an export value of US $2.5 billion in January and February, demonstrating the steady strength of the industry.

Pelister also mentioned the impact of new trends in global trade and oil price volatility on export markets, the Turkish Government's policy of reducing exporters' foreign exchange obligations has facilitated financing for exporters, particularly in the chemicals sector, which is particularly important because it imports 70 per cent of its raw materials.

Plastics and Products Lead February Exports in

in terms of specific export products,chemicals and products in plastics and products topped the list with sales of US $0.728 billion in February, followed by fossil fuels and products with exports of US $0.725 billion, and inorganic chemicals ranked third with US $0.201 billion. In addition, essential oils, cosmetics, pharmaceutical products, rubber products, paint preparations are also among the top ten.

Italy is the largest export market in February

in terms of exporting countries, Italy became Turkey's largest export market in February with an export value of 0.187 billion US dollars. Romania, the Netherlands, Lebanon, Germany, Russia, Iraq, Egypt, the United States and the United Kingdom also made the top 10. It is worth noting that Greece's exports increased by 111.7 per cent in February, making it the fastest growing country in the top 20 countries.

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