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Türkiye’s exports to Arab League climb 7.7%, nearing $40 billion mark

Türkiye's exports to Arab League climb 7.7%, nearing $40 billion mark A Turkish port with container ships. (AA Photo)
By Newsroom
Nov 19, 2024 5:29 PM

Türkiye’s exports to the Arab League reached $39.9 billion in the January-October period of 2024, marking a 7.7% increase compared to the same period last year.

According to the General Trade System (GTS) data, Türkiye’s total exports stood at $216.4 billion, exports to the Arab League accounted for 18.4% of this figure.

Export to Iraq bring in $10.8 billion

Iraq ranked first among Türkiye’s Arab League export destinations with $10.8 billion in exports.

  • United Arab Emirates: Second with $6.8 billion
  • Egypt: Third with $3.4 billion
  • Saudi Arabia: Fourth with $3.3 billion
  • Morocco: Fifth with $2.8 billion

Key sectors of export

During this period, the leading sector in exports to the Arab League countries was cereals, pulses, oilseeds, and related products, amounting to $6.1 billion.

Other significant sectors included:

  • Chemicals and related products: $5.9 billion
  • Jewelry: $5.4 billion
  • Electrical-electronics: $2.7 billion
  • Furniture, paper, and forest products: $2.6 billion
  • Steel sector: $2.3 billion
  • Iron and non-ferrous metals: $2.1 billion
  • Automotive exports: $1.86 billion
  • Machinery and accessories: $1.84 billion
  • Ready-to-wear clothing: $1.6 billion
Last Updated:  Nov 19, 2024 5:29 PM