Export Of Turkish Engineering Products Over 6 Months Reached $ 13.5 Billion

The export of Turkish engineering products in January-June 2024 amounted to $ 13.5 billion. Such data are brought on Wednesday by the Association of Exporters of Machines and Equipment (MAİB).

Against the background of the stagnation observed in Europe in the manufacturing and reducing demand by investors, Turkish export to Germany, Italy, Great Britain, France and Spain, which Turkey sells the largest number of products of the engineering industry, was reduced by 6.6-17.9 percent.

Reducing supplies for the specified period by 4 percent of the EU and 17 percent to other European countries due to the consequences of anti-Russian sanctions was compensated by 24 percent growth of exports to North America, 11 percent growth in Latin America and 14 percent in Asia in Asia .