According to the statement made by the Istanbul Ferrous and Non-Ferrous Metals Exporters’ Association (IDDMIB), the exports of the ferrous and non-ferrous metals sector in July increased by 1.1 percent compared to the same month of the previous year and reached 989 million dollars.
The January-July period exports of the sector, on the other hand, decreased by 14.8 percent compared to the same period of the previous year and amounted to 7.4 billion dollars. Accordingly, the iron and non-ferrous sector took a 6 percent share from the general export and became the 6th sector with the highest export among the industrial sectors. The unit export price of the sector in the said period was $4.75.
In July, the highest export was made to Germany with 142.4 million dollars.
Çetin Tecdelioğlu, the Deputy Chairman of the Turkish Exporters Assembly (TIM) and Chairman of the Board of Directors of IDDMIB, whose views are included in the statement, stated that the sector exported the most to Germany with 142.4 million dollars in July, followed by the USA with 50.8 million dollars, 49.7 million dollars. He stated that Italy is in third place in dollar terms.
Emphasizing that in July, exports to the European Union countries, the region to which the industry exports the most, amounted to 517.8 million dollars. Iron and steel products followed with 4 billion dollars, metal goods with 1.3 billion dollars and copper product groups with 1.2 billion dollars. used the phrases.
Expressing that they will diversify their export markets within the scope of the Far Countries Strategy, Tecdelioğlu continued as follows:
“We believe that we will reap the fruits of our efforts for the markets we have just won. We expect an increase in orders from European Union countries, to which we export the most and to which we have increased our targets. We also hope that our exports will gain vitality with the acceleration of diplomatic improvements with Saudi Arabia, Egypt and the Gulf countries.”
Tecdelioğlu noted that they will continue to organize Sectoral trade delegations with Buying Committees and UR-GE projects to target markets, and to make national and info participations in prestigious fairs.
Stating that they have already carried out more activities compared to the same months of 2022, Tecdelioğlu said, “We know that we need to continue investing in order to increase exports. We must facilitate exporters’ access to credit in order to sustain investment and thus growth.” expressed his views.