Turkey’s machinery exports rose by 8 percent year-on-year

MachinesNewsSouth-East European INDUSTRIAL Мarket - issue 1/2014

Turkey’s machinery exports raised by 8 percent year-on-year, reaching USD 14 billion in 2013, the Machinery and Accessories Exporters’ Union of Turkey (MAIB) stated in a press release.

"The increase in machinery exports went unhindered during 2012 and 2013 despite the not-so-bright situation in some of the export markets", MAIB Chairman Adnan Dalgakiran remarked.

Pointing out the 8 percent increase last year, he added that the target for 2014 was set at USD 16 billion due to the expected recovery in world markets. Turkey’s total exports reached a total of USD 151.7 billion in 2013.

"Last year, Turkish machinery shipments to Germany and the US increased by 10 and 15 percent, respectively. Registering an increase of machinery exports to developed countries at a time of global uncertainties is very encouraging", Dalgakiran noted.

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