Record Exports from Turkey to Turkic States
Record Exports from Turkey to Turkic States
Turkey's exports to the Turkic republics—Azerbaijan, Kazakhstan, Turkmenistan, Uzbekistan, and Kyrgyzstan—reached a record level of approximately 5.1 billion dollars in the first half of this year.
According to a compilation of data from the Turkish Statistical Institute (TÜİK), trade between Turkey and the Turkic republics, both bilaterally and through the Organization of Turkic States (OTS), has reached remarkable levels.
Turkey’s exports to Azerbaijan, Kazakhstan, Turkmenistan, Uzbekistan, and Kyrgyzstan amounted to 4 billion 983 million 480 thousand dollars in the first half of last year, rising to 5 billion 93 million 718 thousand dollars in the same period this year. This represents a record for first-half exports.
Kazakhstan Receives the Largest Share of Exports
Among these countries, the largest share of exports went to Kazakhstan, with shipments exceeding 1 billion 510 million 122 thousand dollars in the first half of the year.
Following Kazakhstan, exports to Azerbaijan amounted to 1 billion 417 million 850 thousand dollars.
Exports to Uzbekistan reached 931 million 604 thousand dollars, while exports to Kyrgyzstan and Turkmenistan totaled 639 million 373 thousand dollars and 594 million 769 thousand dollars, respectively.
During this period, imports from the Turkic republics totaled 4 billion 3 million 881 thousand dollars, bringing the total trade volume between Turkey and these countries to 9 billion 97 million 599 thousand dollars.
Boilers and Machinery Exports Near 1.1 Billion Dollars
When examining exports to the Turkic republics by product category, the leading segment was boilers, machinery, mechanical devices, nuclear reactors, and their parts, accounting for 1 billion 83 million 957 thousand dollars in exports.
This category was followed by electrical machinery and devices at 478 million 318 thousand dollars, and plastics and their products at 264 million 49 thousand dollars.
Exports of knitted clothing and accessories to these five countries totaled 263 million 907 thousand dollars, while exports of motor vehicles and their parts, components, and accessories reached 235 million 93 thousand dollars.