Turkish Machinery Exports Reached $13.5 Billion In 6 Months
Date
7/24/2024 3:12:33 PM
(MENAFN- AzerNews)
By Alimat Aliyeva
Turkish machinery exports in January-June 2024 amounted to $13.5
billion. This was announced by the Association of Exporters of
Machinery and Equipment (MAIB), Azernews
reports.
Due to stagnation in the European manufacturing industry and
declining demand from investors, Turkish exports to key countries
such as Germany, Italy, Great Britain, France and Spain decreased
by 6.6-17.9 percent.
Despite a decrease in supplies to the European Union by 4
percent and to other European countries by 17 percent due to
anti-Russian sanctions, this was offset by a 24 percent increase in
exports to North America, an 11 percent increase in Latin America
and a 14 percent increase in Asia.
MENAFN24072024000195011045ID1108479077
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.