In the first quarter of 2019, exports to the Middle East increased by 8.87% compared to the same period of the previous year. The share of Middle Eastern countries in total exports was 15%. The biggest increase took place in the defense and aviation industry.
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ISTANBUL (TR) - Turkey Exporters Assembly (TIM) to examine the data B2B trade platform Turkeyol based on the first three months of 2019, exports to Middle Eastern countries, last year increased by 8.87% over the same period reached $ 6.5 billion. The largest increase in exports was in Yemen with 73%, while Oman was the second with 59% and Qatar with 42%. The most remarkable increase in the products exported to the Middle East took place in the defense and aerospace industries, which increased by 4 times compared to the previous year. The total export of 24 billion dollars to the region last year is expected to exceed 25 billion dollars in 2019.
Turkey Exporters Assembly (TIM) data, Turkey's exports in defense and aviation industry worldwide in the first quarter of 2019 grew 57% compared to the previous year. According to the data evaluated by Turkeyol, the most effective role in the 57% growth was the Middle East countries where 35% of the exports in the sector were realized. The exports of the sector to the Middle East countries increased by 405%. The increase in exports to the region was felt in jewelry, steel, carpets and textiles. Jewelery exports increased by 41% compared to 2018, reaching 245 million dollars, 18% for textiles, 10% for steel and 9% for carpets.
The exports to the Middle East stated that seriously add value to Turkey's trade volume Turkeyol founder Joseph Yenitürkoğul, "the Middle East countries, Turkey with an annual $ 40 billion in excess of the commercial volume and owned by one of the way to becoming the target market with commercial potential. Turkey's first 3 months of 2019, exports to the Middle East did the most with 1.7 billion dollars in Iraq. Iraq was followed by Saudi Arabia with $ 841 million, Iran with 592 million. In this table, which we can describe as a provision of our activities, we anticipate that the producers' tendency towards e-exports will increase the export figures even more.
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