Carmakers dominate Turkey's top exporters list

Accounting for half of the top 10 companies, automotive firms have dominated Turkey's list of largest exporters, the Turkish Exporters Assembly (TİM) announced on Sept. 18.

Ford was named Turkey's largest exporter in 2020, followed by Toyota Engine Manufacturing Turkey and Oyak Renault.

Making it to the top 10 list were also major appliances producers Vestel and Arçelik, foreign trade companies Kibar and TGS, automotive firms Tofaş and Mercedes Benz Türk, and chemical giant Tüpraş.

In the award ceremony, the sector champions were also announced in 28 different categories.

Last year, the country's exports reached almost $170 billion.

TİM chairman İsmail Gülle said Turkey, which hit a historical high of $180 billion in export figures in 2019, will top $210 billion this year to beat it.

It will hit $300 billion in 2026, he added.

There are opportunities and risks for Turkey on the global scale but exporters make efforts for turning risks into opportunities, he stated.

Touching on the services sector, he said the sector was most affected by the COVID-19 pandemic but Turkey increased its services exports during the first seven months of 2021 by 46 percent to $24.8 billion.

"Our target is to exceed $100 billion in services exports."

Also mentioning Turkey's Green Action Plan, he said TİM contributes to it and prepared a road map with a motto of "Producing for the world without consuming the world."

In July, Turkey released its landmark Green Deal Action Plan.

The plan, released by the Trade Ministry, includes 32 objectives and 81 actions in nine categories to power Turkey's transition to a more sustainable, greener economy in line to make Europe the first climate-neutral continent by...