Trade Minister Bolat announces record-breaking exports with detailed figures

Trade Minister Bolat Announces Historical Record in Exports

On June 23, Trade Minister Ömer Bolat announced that Turkey had achieved a historical record in exports, with a daily level of 2 billion 121 million dollars. This surpasses the threshold of 2 billion dollars in daily exports, marking a significant milestone for the country.

Minister Bolat shared this news in a written statement on his Twitter account, stating, “Our exports amounted to 2 billion 121 million dollars on June 23, 2023, reaching a daily historical record. We have exceeded the threshold of 2 billion dollars in daily exports.”

This daily export value even surpassed the annual export value of 1977, which was 1 billion 753 million dollars, as well as the monthly export values of 1999, particularly in August, which reached 1 billion 940 million dollars.

Despite the challenging global economic and trade conditions, this historical achievement demonstrates the dynamism and strength of Turkish exporters. It is worth noting that while the Provisional Manufacturing Industry Purchasing Managers Index (PMI) for June 2023 declined to 43.6 in the Euro area, it dropped to 41.0 in Germany, our largest trading partner, marking the lowest level in the last 37 months.

Looking ahead, our priority is to create a healthy growth environment and reduce the external resource pressure that negatively affects macroeconomic stability. We aim to achieve this by promoting a sustainable increase in exports with high added value and a reduction in the need for imports.

Additionally, we plan to establish macroeconomic stability, which will provide a favorable environment for investments. We remain dedicated to the strong operation of the investment-high value-added production-export chain.

This record-breaking performance in exports reflects Turkey’s determination to strengthen its position in the global market. Despite the challenging circumstances, our exporters have proven their resilience and competence. With continued efforts and strategic planning, Turkey aims to further enhance its export capabilities and establish a sustainable economic growth trajectory.

 

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