Turkish Exporters' Association (TIM) president Mehmet Buyukeksi said on December 30, that Turkey's export target for 2010 is $111 billion.
Mr. Buyukeksi said that, although the global economic crisis negatively affected exports this year, as of the last quarter of 2009 the macroeconomic situation started to recover and thus the outlook for 2010 has improved. "It is obvious that we have reached the end of the downturn. 2010 will be the year of recovery. We foresee that all the economies of the world will indicate a more positive trend," he said.
Meanwhile, Istanbul Ferrous and Non-ferrous Metal Exporters' Association (IDDMIB) president Thasin Oztiryaki said that the hike in exports registered in the last quarter of 2009 is likely to continue in 2010. Mr. Oztiryaki stated that in 2009 exports of ferrous and non-ferrous metals would amount to a value of $5 billion, while the export target for next year has been set at $6.5 billion.
On the other hand, Istanbul Mineral Exporters' Association (IMIB) president Ali Kahyaoğlu said that Turkey's local mining industry expects exports to do well in 2010 and that the association expects the recent hike in exports in the last three months to continue in the New Year. Mr. Kahyaoglu also said that the revoked mineral act should be re-implemented and announced the mineral export target for 2010 as three billion dollars.