​TİM Chairman Gülle: We Are On The 200 Billion Dollars Limits

Turkish Exporters Assembly (TİM) announced the export figures for June and the first half of this year. The exporter, who flew the Turkish flag in 217 countries and regions, made history in June, in the second quarter, in the first half of the year, and the last 12 months, with the highest export figures in the history of the Republic. In June, Türkiye's exports reached 19 billion 773 million dollars, with an increase of 47 percent compared to the same month the previous year. Compared to the same periods of the last year, the export family broke historical records by exporting 55 billion 38 million dollars with an increase of 70% in the second quarter of 2021, 104 billion 982 million dollars with an increase of 40% in the first half of the year, and 199 billion 567 million dollars in the last 12 months.

In June, nine sectors made the highest monthly exports in their history. While exports to 175 countries increased, 19 countries, including the United States, Italy, Mexico, and Canada, were set the monthly export record. While 70 provinces increased their exports, 13 provinces including İstanbul, İzmir, Gaziantep, Denizli, and Adana realized the highest monthly exports in their history. It was made export ₺6.17 billion with an increase of 53 percent in Turkish Lira to 181 countries. While 1684 companies made export for the first time, the number of companies participating in exports for the first time since The New Year reached 9,327. These companies exported a total of 422 million dollars. June also set a significant threshold for unit export value, reaching $1.3 from $1.1. In the first half of the year, the leading sector was Automotive with $14.4 billion in exports.

TİM Chairman İsmail Gülle said, “The June figure is a turning point in our exports. Our exports have reached the limit of 200 billion dollars in the last 12 months, breaking the monthly, quarterly, 6-month, and annual export records. Hopefully, next month, we will cross that line and will move one step closer to our goal of 'Türkiye Giving a Foreign Trade Surplus' by exceeding the 2021 annual export target. At the end of the year, our country, which has begun a new era in exports with its growth rate, production, and employment; will be a country that has taken advantage of all the opportunities it encounters by reading well the transformation in global supply chains.

 

The export family, which is the field workers of the economy and trade diplomacy of Türkiye, made history breaking all-time export records in June, in the second quarter, the second half of the year, and the last 12 months, despite the shrinking demand in global trade due to the pandemic. Turkish Exporters Assembly (TİM), the only umbrella organization of 100 thousand exporters with 27 sectors and 61 exporters' associations announced the temporary foreign trade data for June and the first half of the year at a meeting in Ankara, with the participation of the Trade Minister Mehmet Muş. According to the General Trade System (GTS), export reached 19 billion 773 million dollars with an increase of 47 percent in June compared to the same month of the previous year, making it the highest monthly export in the history of the Republic. Compared to the same periods of the last year, the export family broke historical records by exporting 55 billion 38 million dollars with an increase of 70% in the second quarter of 2021, 104 billion 982 million dollars with an increase of 40% in the first half of the year, and 199 billion 567 million dollars in the last 12 months.

"Our exporters were among the priority groups in vaccination program"

Before mentioning the June export figures, TİM Chairman İsmail Gülle, who wished that the normalization period announced by President Recep Tayyip Erdoğan would be auspicious for Turkish and country export, said, "We informed our minister Mehmet Muş last month that our export family is at risk due to its direct contact with many parts of the world. Thanks to them, our exporters quickly were among the priority groups in vaccination and this risk was eliminated. For their support to exports and exporters, especially our President we express our gratitude to our Minister and our entire government."

"We are at the $200 billion limits; Next month, we will exceed this limit."

Evaluating the export figures for June, TİM Chairman İsmail Gülle said, "After the first 5 months that we closed with a record in exports, also the export family reached a record in June with a historic performance. The June export figure is more than just an ordinary figure; it is a turning point in our export. In June, our export increased by 47 percent to 19 billion 773 million dollars compared to the same month last year. In the second quarter of 2021, our exports increased by 70 percent to 55 billion 38 million dollars; In the first six months of the year, our exports increased by 40 percent to 104 billion 982 million dollars. In the last 12 months, we have already exceeded our annual export target by exporting 199 billion 567 million dollars.”

Gülle continued:

“With the figure we announced today, our export has reached the limit of 200 billion dollars in the last 12 months by breaking the monthly, quarterly, 6-month, and annual export records. Hopefully, next month we will cross that border as well. $200 billion was a figure we have dreamed of for a long time. Thanks to God, despite all the difficulties in the new normal, we were able to reach this figure by taking every opportunity that came our way. First, we must continue the success and finish the year at this level. Hopefully, like every export target we have achieved since we took office, we will move one step closer to our goal of 'Türkiye Giving a Foreign Trade Surplus' by exceeding the 2021 annual export target. We would like to express our gratitude to each of our 100 thousand exporters who made this success possible, to Our Minister Mehmet Mus, who has always supported us, and to our Esteemed President, who considers our exporters as companions."

"Our export unit price broke the downward trend"

Noting that June has become an important threshold for unit export value, Gülle said, "We managed to bring our export unit value, which has been constantly depreciating because of currency manipulation, from $1.1 to $1.3 in June. In the last year, we have increased our export value per kilogram by 20 percent. We know that branded export is one of the factors that increase value-added exports. In this respect, to raise the Turkish brand even more together, and to increase our branded exports while competing with the whole world, we have implemented the "TİM Brand Council" with great excitement. Our country grew by 7 percent in the first quarter, exceeding expectations. The data shows that we performed much stronger in the second quarter of the year. Both the real sector confidence index data, the capacity utilization rate, and the industrial production data for April point to one of the highest growth rates in gross domestic product growth in the history of the Republic in the second quarter of 2021. Of course, the continuation of these successes is coming from the continuation of investments of the real sector.”

"We will be the strongest performing country in our region"

Noting that investments focused on technology, software, and value-added products particularly will positively differentiate Türkiye from other countries in the coming period, Gülle said: "As a matter of fact, investment expenditures, production volume trends and expectations are very positive and strong in the recently published Real Sector Confidence Index data. When we consider the recovery in the manufacturing industry capacity utilization rate and consumer confidence index, in light of all these indicators, hopefully growing by over 20 percent in the second quarter, we will be the country that has the strongest performance in our region and fastest recovering after the pandemic. At the end of the year, our country, which has begun a new era in exports with its growth rate, production, and employment; will be a country that has taken advantage of all the opportunities it encounters by reading well the transformation in global supply chains. As an export family, we will build together Türkiye rising with exports by continuing our decisive march towards our goals."

"With $14.4 billion, Automotive was the leading sector of the first half of the year"

Noting the performances of the sectors in June and the first half of the year, Gülle continued: "In June, compared to the same month of the previous year, all our sectors increased their exports. 9 our sector achieved the highest monthly export performance in its history. Last month: While our Chemicals and Products sector, which realized an export of 2 billion 370 million dollars with an increase of 66.6 percent, was in the first place, our Automotive Industry sector, which reached 2 billion 352 million dollars with an increase of 16.8 percent was second, and our Steel industry, which reached 2 billion 26 million dollars with an increase of 81 percent was third place. In the first six months of the year, our Automotive industry ranked first with 14.4 billion dollars and an increase of 38.9 percent, our Chemicals and Products industry was ranked second with 12 billion dollars and with an increase of 40.1 percent, and our Ready-to-Wear and Apparel industry with 9.4 billion dollars and an increase of 35.3 percent were ranked third place. The sectors with the strongest increase performance in June are Chemicals and Products with an increase of 948 million dollars, Steel with an increase of 907 million dollars, and Ready-made Clothing and Apparel with an increase of 459 million dollars.”

"We have increased our exports to 175 countries"

Stating that they flew the Turkish flag in 217 countries and regions in June, Gülle said, “Last month, we succeeded in increasing our exports to 175 countries. We have set a monthly export record in 19 countries including among them the USA, Italy, Mexico, Canada, Germany, and Kyrgyzstan. In June, the top 3 countries, where our exporters export the most; Germany with $1 billion 704 million, the United States with $1 billion 346 million and the United Kingdom with $1 billion 268 million, became. The countries, where we increase our exports the most in terms of amount; The United States with an increase by $556 million, Italy with an increase by $453 million, and Germany with an increase by $417 million, became. In the first half of the year, we flew our flag in 226 countries and regions.”

Export growth to EU doubles

Emphasizing that in June, exports to the European Union (EU-27), which is Türkiye's largest market, reached a volume of 8.2 billion dollars with an increase of 49.4 percent, Türkiye took a share a 41.7 percent in exports by country groups, Gülle continued: “When we add other European countries other than the EU, the share of the European continent in our exports in June was 56.3 percent. In June, in other country groups, 3.1 billion dollars (19.5% increase) to the Near and Middle East countries, 1.8 billion dollars (59.3% increase) to the African continent, 1.6 billion dollars (to the Far East countries). 63.8% increase) and we exported 1.6 billion dollars (79.2% increase) to North America. In the first 6 months; 43.9 billion dollars (42.4% increase) to the European Union (EU-27), 17.9 billion dollars (25.1% increase) to the Near and Middle East countries, 9.8 billion dollars to the entire African continent (an increase of 42.4%) We exported $8.3 billion (51.1% increase) to Far East countries, and $7.5 billion (46.7% increase) to North America. Our Minister recently held critical talks with representatives of the European Union that will affect the future of our exports. As a result of the discussions on the positive agenda of the Turkish-European Union and the updating of the Customs Union, hopefully, our exports to the European Union, our biggest market, will increase even more."

70 cities increased their exports; 13 cities have signed the highest exports in their history

Underlining that, 70 cities had success in exporting in June, Gülle said, "Our 13 cities, including that İstanbul, İzmir, Gaziantep, Denizli, Adana, Antalya, Samsun, Tekirdağ, Muğla, Karabük, Isparta, Uşak, and Kütahya realized the highest monthly exports in their history last month. Congratulations to all our cities for this successful performance. In June, our top 3 exporting cities respectively were İstanbul with $7 billion 977 million (up 49%), Kocaeli with $1 billion 552 million (79% increase), Bursa with $1 billion 242 million (34% increase). The most notable increases were in İstanbul (up 49%), which increased its exports by $2.6 billion, Kocaeli, in which increased by $684 million, and in İzmir (up 47%), which increased by $359 million (up 79%). In the first half of the year, İstanbul, (39% increase to $40.7 billion), Kocaeli (47% increase to $7.8 billion), and Bursa, (36% increase to $7.5 billion) were in the top three."

The number of companies participating in exports is increasing

Noting the importance of spreading exports to the base and the increase in the number of companies participating in exports for the first time, Gülle said, "We need to grow the export family even more for the successes to be permanent. With this awareness, we come together with our SMEs who dream of exporting in every corner of Türkiye in our TİM SME Export Mobilization Trainings. 1,684 of our companies joined our family by exporting for the first time in June. These companies exported $89 million last month. For the first time since New Year's Day, the number of exporting companies reached 9,327. These companies exported a total of 422 million dollars. I believe that the contribution of our SMEs to exports will continue to increase in the coming period. In June, our exports on a quantity basis; 15.3 million tons, up 22.2 percent from the same month last year. In the first 6 months, we exported 85 million tons with an increase of 19 percent."

Exports to 181 countries in Turkish Lira

Giving information that according to the declarations filed with Turkish Lira, it was made to export a total of TL 6.17 billion with an increase of 53 percent to 181 countries, in June, Gülle said 7,634 companies preferred TL in export transactions. Last month, exports on a quantity basis; Gülle also shared the information that it was 15.3 million tons, an increase of 22.2 percent compared to the same month the previous year and stated that they exported 85 million tons in the first 6 months, an increase of 19 percent. Expressing that the Euro/Dollar parity, which has been on an upward trend since the second half of 2020, has a positive effect on exports, Gülle said that the positive effect of the increase in the parity in June was 549 million dollars; He added that it was realized as $3.78 billion in the first six months of the year and that the positive outlook in Euro/Dollar parity is expected to continue in the coming months.

CANLI DESTEK