Machinery Exporters' Association
Turkish machinery exports hit $13 bln in first 7 months
Turkey's machinery exports reached $13 billion in the first seven months of this year, up nearly one-third from last year, according to figures released by a sector association on Aug. 17.
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The sector's exports rose 32% year-on-year this January-July, and climbed 16% versus the same period in 2019, the Machinery Exporters' Association said in a press release.
Turkey's machinery exports reach $9.2 bln in 5 months
Turkey's machinery exports reached $9.2 billion in the first five months of this year, according to figures released by a sector association on June 13.
The sector's exports increased by 37 percent year-on-year in the January-May period, and 12 percent versus the same period in 2019, the Machinery Exporters' Association said in a press release.
Machinery exports hit $17.1 bln in 2020
Turkey's machinery exports reached $17.1 billion in 2020, marking a decrease of just 4% despite the novel coronavirus pandemic, an exporters group said on Jan. 20.
The machinery sector increased its performance by 17.5% in December and 9% in the last quarter, said the statement by the Machinery Exporters' Association (MAIB).
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Turkey's machinery exports rise 5.2 pct in Jan-Feb
Turkey's machinery exports rose 5.2 percent in January-February as international buyers turned to the country due to coronavirus, according to an exporters group on March 10.
The country's machinery exports hit $2.9 billion in the first two months of this year, the Machinery Exporters' Association (MAIB) said in a statement.
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Trade gap in machinery sector falls by half
With machinery exports hitting $17.9 billion in 2019, Turkey's foreign trade deficit in the sector was cut in half from $10 billion to $5 billion, the Machinery Exporters' Association (MAIB) said on Jan. 13.
In 2019, the export/import coverage ratio was 76.3 percent in the Turkish machinery sector, one of the country's three largest export sectors, the group announced.
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Turkey's machine sector eyes $18B export in 2019
Turkey's machinery sector is looking to close out 2019 with $18 billion in exports, the Machinery Exporters' Association (MAIB) said on Dec. 16.
The sector's exports reached $16.4 billion in the first 11 months of 2019, up 4.1% on an annual basis.
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Turkish machinery sector focuses on US, Russian markets
Turkey's machinery sector is focusing on the U.S and Russian markets as the growth in the eurozone is having a slowdown, said head of the Machinery Exporters' Association (MAIB).
Machinery exports exceed $10B in past 7 months
Turkey's machinery exports have reached $10.3 billion in the first seven months of 2019, the Machinery Exporters' Association (MAIB) said on Aug. 7.
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Turkey's machinery exports hit $9.4 bln in 8 months
Turkey's machinery exports rose by 6.8 percent to $9.4 billion in the first eight months of the current year compared with the same period last year.
While Turkey reached its all-time highest exports for August, the share of the machinery sector in total exports was almost 10 percent, the Machinery Exporters' Association (MAIB) said on Sept. 8.
Turkish trucks face hurdles at Russia's customs
Turkish passengers and trucks have started to face hurdles at Russia's customs after the downing of the Russian jet by Turkish F-16s near the Syrian border on Nov. 24, with Turkish trucks now being subjected to "full examination," according to Turkish officials.
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