According to the statement made by the Istanbul Furniture, Paper and Forest Products Exporters’ Association, Turkey’s exports in July increased by 8.4 percent compared to the same period of the previous year and reached 20 billion dollars.
The furniture, paper and forest products sector, which set its export target as 10 billion dollars this year, realized 609 million dollars of foreign sales in July. January-July period exports of the sector increased to 4.58 billion dollars.
In furniture, which constitutes one of the most important product groups of the sector, July exports amounted to 343 million dollars. 7-month total exports in furniture reached the level of 2.61 billion dollars.
Exports to Iraq exceeded 500 million dollars
Iraq was one of the countries with the highest exports in furniture, paper and forestry products in the 7-month period, with 577.6 million dollars. It was followed by Israel with $238.6 million, the United Kingdom with $229 million, Germany with $196.3 million, and Iran with $171.2 million.
In the said period, furniture exports to Russia increased by 55.3 percent to 131.5 million dollars.
“The new export target of the sector is the countries of the Organization of Islamic Cooperation.
Erkan Özkan, President of the Istanbul Furniture, Paper and Forest Products Exporters’ Association, who gave his views on the subject in the statement, stated that the investments in the sector accelerated as the elections were left behind, and thus the future of the sector is clearer.
Noting that the quieter summer season in other sectors was very productive for them, Özkan said:
“While increasing our export rates in this process, we aim to set new export strategies and reach the records we aim for in the short and medium term. To this end, we added the Organization of Islamic Cooperation Countries Strategy to the Far Countries Strategy launched by the Ministry of Commerce last year and expanded our export route. “We will visit the countries of the Organization of Islamic Cooperation, which has 57 members, and develop export strategies in line with the needs of those countries with the delegations we will form in this direction. Although we are not weak in these markets, we have a very high chance of a larger share in exports, given the potential situation of the countries.”