Exporters contributed to growth and employment

 

Turkish Exporters' Assembly has announced the results of Exporter Tendencies Survey 2017 covering 2nd Quarter Actualizations and 3rd Quarter Expectations. Speaking at the press conference, the Chairman of Turkish Exporters' Assembly Mehmet Büyükekşi told that; “Exports increased by 8.2 percent in the first 6 months, and contributed 2 points to the Q2 growth.”

Büyükekşi also told, “Research shows that the majority of our firms increased the number of their employees in the second quarter. For the remainder of the year 2017, which we announced as the breakthrough year, the increase in our exports will continue to reflect positively on employment data.

The most important problem is the cyber-attacks. This situation did not affect only our own firms and systems, it also affected the large-scale European and US firms which we do business with at the same time. This has also caused our firms to slow down their exports.

49 percent of the companies that participated in the survey has entered a new market in 2017 Q1. This rate has risen to 57 percent in 2017 Q2. Most of the companies have diversified their export markets by entering markets they have never exported before.

When we look at the target countries of our exporters, the most preferred markets are Russia, Qatar and Germany. Russia has entered the radar of our exporters once again after the normalization of our bilateral relations. We can see this recovery in January - August period, our exports to Russia increased by 52.6% in the first 8 months of 2017.”

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