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Turkey’s exports decline 10.5% in November: TIM

by ChemOrbis Editorial Team -
  • 01/12/2015 (16:41)
According to data from the Turkish Assembly of Exporters (TIM), Turkey’s exports in November declined 10.5% year on year in November to $11.437 billion. In the first eleven months of the year, meanwhile, Turkey’s exports fell 8.6% to $131.942 billion.

Looking at individual sectors, the largest exports were seen in the automotive sector at $1.92 billion, followed by the ready-made clothing and textile sectors with $1.409 billion and chemical materials and products with $1.3 billion.

Turkey’s main export destinations were Germany, the UK, Iraq, Italy and the US in November. According to TIM, exports to Germany were down by 4.7% while exports to the UK increased 3% from a year earlier. On the other hand, exports to Iraq, the US and Italy also declined 15.3%, 6.4% and 2.3% on the year in November.
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