Turkey's exports to Germany hit a record high during the second month of this year

Germany is one of Turkey's most important trading partners, it ranks second among foreign countries whose citizens own companies operating in the Turkish market with 7,600 German commercial companies operating in various economic sectors in Turkey. Germany is also one of the largest Turkish export markets around the world.

The volume of trade exchange between the two countries witnessed a great development that culminated in a record number last year, as the value of the trade exchange amounted to $41.1 billion.

Turkey's exports to Germany set a record last year, with exports reaching 17 billion, 705 million, and 400 thousand dollars, an increase of 22.9% over the previous year's exports.

Another record was achieved by February 2022 exports

According to official statistics issued by the Turkish Exporters Association, Turkey's exports to Germany in February of this year amounted to 1 billion and 644 million and 24 thousand dollars, an increase of 21.4% over the exports of the same month last year.

Therefore, Germany ranked first among the markets to which Turkish exports went during February of this year, followed by the United States of America with exports amounting to 1 billion and 118 million and 491 thousand dollars, and in third place, the United Kingdom with exports worth 1 billion and 56 million and 830 thousand dollars, and the first five ranks of the countries receiving Turkish exports were as follows:

The largest share of exports was the automotive sector

With regard to the classification of Turkish exports to Germany, the automotive sector ranked first among the Turkish economic sectors that exported goods to Germany in February 2022, as the volume of exports of this sector to Germany amounted to 382 million and 765 thousand dollars.

The ready-made garments sector came in second place, with exports worth 331 million and 881 thousand dollars, followed by the iron and minerals sector with exports worth 175 million and 335 thousand dollars.

The first ranks among the Turkish economic sectors that exported goods to Germany during the second month of this year were as follows:

Statistical data indicated that 20 of the 27 Turkish economic sectors exported to Germany made progress in their exports in February of this year.

Istanbul is the most exporting state to Germany during February

In the classification of Turkish states according to their exports to Germany, Istanbul ranked first among the Turkish states most exporting goods to Germany in February of this year, with exports worth 750 million and 779 thousand dollars, followed by Bursa state with exports worth 210 million dollars. And 528 thousand dollars, then Izmir with exports amounting to 129 million and 994 thousand dollars.

The first five ranks among the Turkish states that exported the most to Germany in February of this year were as follows:

Edited by Tebadul Company©

Reference: Anadolu Agency

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