Turkish Exporters Assembly

Turkey's automotive sector topped the country's exports with $30.6 billion in 2019, while Istanbul was the largest exporter city in the country.

Overall exports increased 2 percent to reach $180.47 billion, hitting historical highs in 2019, according to data compiled by Anadolu Agency from the Turkish Exporters Assembly (TIM).

Turkey will continue retaliating against U.S. sanctions but will stay open to dialogue and cooperation, Turkish Trade Minister Ruhsar Pekcan said at a meeting organized by the Turkish Exporters Assembly (TİM) in the capital Ankara on Aug. 17. 

Turkey’s exports rose 16.3 percent on a yearly basis to reach nearly $12.2 billion in January, the Turkish Exporters Assembly (TİM) announced on Feb. 1.

A new Turkish Trade Center was opened in New York's Manhattan on Sept. 21.

"New York is where everything begins, is designed, born and distributed all around the world," Economy Minister Nihat Zeybekci said at the opening ceremony of the center.

"New York's gross domestic product is around $1.4 trillion, higher than the GDP of Russia," Zeybekci added. 

Freezing Germany's weapons exports to Turkey would only strengthen the local Turkish arms industry, Turkish Foreign Minister Mevlüt Çavuşoğlu said on Sept. 12. 

Çavuşoğlu was responding to remarks by his German counterpart, Sigmar Gabriel, who said Sept. 11 that Berlin was putting most arms exports to Turkey "on hold" due to recent bilateral tensions. 

Turkey's exports increased by 11.9 percent on a yearly basis to climb by $12.4 billion in August, the Turkish Exporters Assembly (TİM) announced on Sept. 1.

The Constitutional Court has reversed an application by Turkey's exporter unions to cancel a decision, which stipulates that any union chief cannot keep a presidency position more than two terms. 

As the top court rejected their application, presidents of more than half of the export unions will change soon, as reported by daily Habertürk on Aug. 15.

Turkey imported 62.8 tons of gold in July, the highest on a monthly basis since the establishment of the Borsa Istanbul Precious Metals Markets in 1995. 

This represented a 1.328 percent year-on-year increase compared to the same month of 2016, when some 4,401 tons of gold was imported. 

Almost two-thirds of companies in Turkey's top 26 markets are happy with Turkish goods, with Britain, France and India voicing the biggest content, a fresh survey showed on July 19.

Economy Minister Nihat Zeybekci has said an e-commerce and logistics zone will be established next to Istanbul's third airport, which is currently under construction, while signaling new automotive investments and exports in the country.