According to Turkish Exporters Assembly (TİM) data, Türkiye's exports reached the highest figure to date in July, totaling USD 25 billion. The chemical industry, with its strong performance in July, posted exports of USD 3.4 billion, breaking the monthly record in the history of the Republic. The chemical industry, the second-largest exporting sector, recorded exports exceeding USD 19 billion over the first seven months of the year.
According to data from the Turkish Exporters Assembly (TİM), Turkey's exports reached USD 25 billion in July, the highest export figure to date. The chemical sector achieved exports of USD 3.4 billion in July with strong performance, setting a monthly record in the history of the Turkish Republic. The seven-month exports of the chemical sector, the second-largest exporting sector, exceeded USD 19 billion.
Adil Pelister, Chairman of the Board of Directors of the Istanbul Chemical Substances and Products Exporters Association (İKMİB), evaluating the chemical sector's July export figures, stated: "Our chemical sector achieved the highest monthly export record in Turkish Republican history with USD 3.4 billion in exports during July. As of July, our chemical sector, which provided a value increase of USD 850 million, became the first sector showing the highest value growth among all sectors.
Compared to July last year, our exports increased approximately 33 percent. Our exports for the January-July period exceeded USD 19 billion with a 4.5 percent increase. We are pleased to contribute to Turkey's economy as the country's second-largest exporting sector. The historic monthly records broken by both our overall exports and our sector in July give us hope for the coming period. I congratulate all exporters who contributed to this success during such a challenging period. I also individually congratulate all our companies that strengthen our country's economic power with their export achievements in the chemical sector and wish them continued sustainable success. As the chemical sector, we will continue working with all our strength to maintain the same stability and success for the rest of the year."
Inorganic chemicals exports dominated in July
In July, inorganic chemicals ranked first in chemical substances and products export groups with USD 984 million 505 thousand. Plastics and plastic products ranked second with USD 898 million 175 thousand in exports, while mineral fuels and products ranked third with USD 548 million 502 thousand. Following mineral fuels and products, other sectors in the top ten were: essential oils, cosmetics and soap; pharmaceutical products; rubber and rubber articles; paints, varnishes, inks and related products; miscellaneous chemical substances; washing preparations; and organic chemicals.
United Arab Emirates was the top export destination in July
In July, the United Arab Emirates was the top export destination with USD 775.5 million. The top ten countries for exports in July were United Arab Emirates, Romania, Netherlands, Spain, Germany, Italy, United States, Iraq, Russia and France. Among the top 20 countries in July, the highest growth rate was 3092.73 percent in the United Arab Emirates.
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