Turkey’s exports continue rising
Data released by Turkish Exporters Assembly (TIM) show that
Turkey's exports rose 13.05 percent year on year to $6.67 billion in October.
TIM's data indicate that
Turkey posted the second monthly increase in October. However, October's exports were approximately $200 million lower than that in September.
October exports include $1.95 billion of agricultural goods, $5.45 billion of industrial goods and $131 million of mining goods. On the sub-sector front,
automotive exports, which reached $1.14 billion, ranked first and exceeded ready-to-wear and apparel sector once more time.
In January-October 2005 period, exports reached $60.14 billion, up 16.8 percent from a year earlier. Last year's total figure was $51.49 billion.
TIM President Oguz Satici said that agricultural sector exports, which reached $7.78 billion in the first ten months, indicated a positive trend for agricultural sector exports in the future.
Satici said that despite the improvements in agricultural sector, industrial sector accounted for 81.6 percent of total exports.