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Mining Sector's Total Exports Reached USD 2.68 Billion, According to İMİB Data

Turkchem 26 Sep 2018 62 1 dk okuma
TURKCHEM

July Exports Reach USD 404 Million

Aydın Dinçer, Chairman of the Istanbul Mining Exporters Association (İMİB), announced mining sector export figures that are strategically important for Turkey's economy, stating that mining exports reached USD 404 million in July, representing a 4.57% increase compared to July of the previous year. Dinçer noted that natural stone exports, which account for 44% of the industrial raw materials exported by the mining sector, showed a 3.21% decline in the first seven months of the year compared to the same period last year, reaching USD 1.2 billion. He emphasized that July natural stone exports reached USD 177 million, representing a 2.1% increase. Dinçer also stated that the countries to which the mining sector exports the most are the People's Republic of China, the United States, and Belgium, while the countries receiving the most natural stone exports from Turkey are the People's Republic of China, the United States, and Saudi Arabia.

Promoting the Turkish Stones Brand Worldwide

İMİB Chairman Aydın Dinçer, noting that new markets are among their objectives, highlighted intensive efforts to increase their share in existing markets and reach new ones. He pointed to the contribution of Ur-Ge projects, which provide an important roadmap particularly for market diversification, and buying delegations hosted in Turkey with support from the Ministry of Commerce. Dinçer stated: "In fact, our goal as an association is very clear. To capture significant market share from countries where Turkey is not exporting at high levels. Within this scope, we have identified India, Vietnam, Canada, Saudi Arabia, Australia, the United States, China, the United Kingdom, France, Indonesia, and Malaysia as target markets. In addition, we continue our efforts to introduce the Turkish Stones brand worldwide, particularly to help the sector overcome low-price pressures."
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