Turkish exports to neighboring countries reach $23.4B in January-October - Anadolu Ajansı

Türkiye’s exports to its neighbors totaled $23.4 billion in the first 10 months of the year amid steady annual trade growth, led by a rise in chemical and agricultural exports, according to Trade Ministry data.

Turkish exports to the country’s immediate neighbors rose 2.3% year-on-year.

These neighbors include Azerbaijan, Bulgaria, Georgia, Iraq, Iran, Syria and Greece.

Iraq remained Türkiye’s largest regional export destination, accounting for $7.5 billion in Turkish exports in January-October.

Bulgaria followed with $4.4 billion, Greece with $2.8 billion and Georgia with $2.4 billion.

Georgia posted the highest increase, marking a 17.8% surge in exports, followed by Syria with a 16.5% rise and Bulgaria with 14.8% growth.

The chemicals and chemical products sector dominated the market, generating $4.4 billion during the 10-month period, the data showed.

The agricultural sector, comprising grains, pulses, oilseeds and related products, followed with nearly $2.4 billion, while the manufacturing sector, comprising furniture, paper and forest products, recorded $1.8 billion.

The lowest exports to the seven countries were recorded in ornamental plants and products, totaling $25.3 million.

The dataset excluded figures for Nakhchivan and Armenia due to a lack of direct land trade data.