EİB Achieves Exports of $1.533 Billion

Aegean Exporters Associations increased exports by 7.6% in November, achieving USD 1.533 billion in exports. EIB, which raised exports by 12.7% in the January-November period to reach USD 16.631 billion, posted exports of USD 18.189 billion with a 13.6% growth rate over the past 12 months. The Aegean Iron and Non-Ferrous Metals Exporters Association, which achieves the highest monthly export figures among sectors, reinforced its leading position in November with USD 207 million in exports, representing an 18% increase. The Aegean Olive and Olive Oil Exporters Association recorded a 175% increase, bringing USD 45 million to Turkey and becoming the association with the highest export growth in November. The Aegean Aquatic Products and Animal Products Exporters Association maintained its second position with a 38% increase and USD 158 million in exports. The Aegean Fresh Fruits and Vegetables Exporters Association posted USD 140 million in exports with a 10% increase, while the Aegean Ready-Made Garments and Apparel Exporters Association closed out November with USD 110 million in exports. The chemicals sector, which has no dedicated exporter association under the Aegean Exporters Associations umbrella, ranked among the top export sectors in November with USD 110 million in exports. The Aegean Mining Exporters Association achieved a 5% increase with USD 102 million in exports. The Aegean Dried Fruits and Products Exporters Association posted USD 93 million in exports, while the Aegean Furniture, Paper and Forest Products Exporters Association achieved USD 74 million in exports with a 15% increase.

Raised exports 32% to USD 71 million

The Aegean Cereals, Pulses and Oilseeds Exporters Association increased exports by 1.5% to USD 64 million. The Aegean Textiles and Raw Materials Exporters Association recorded USD 36 million in exports, while the Aegean Leather and Leather Products Exporters Association achieved USD 12 million in exports.

Aegean Exporters Associations Coordinator Chairman Jak Eskinazi, noting that 8 associations increased exports while 4 associations fell short of last year's performance, made the following comments on the matter:

"Our agricultural exports reached USD 650 million with a 19.8% increase, industrial exports USD 780 million, and mining sector exports USD 102 million with a 5.9% increase. In November, we exported to 181 countries and regions. We increased exports to 100 markets. Germany ranked first with USD 143 million, followed by the United States with a 13% increase and USD 129 million, and Spain with a 14% increase and USD 87 million. We exported USD 7.664 billion to European Union countries with a 12% increase. With a 52% share of our exports, we sent USD 8.783 billion in exports to the European continent. Our export growth rate has declined compared to the first half of 2022. On a monthly basis, we have moved from 29% increases to 7%. We were in deficit last month. It is very difficult to meet our targets during a period when high inflation and uncertainty are at their peak and price stability is lacking. If price stability exists, productivity follows. If there is R&D, innovation, and added value, export records are broken. We want long-term stable permanent policies and new solutions to be put on the table."  

Aegean Region's November exports reached USD 2.525 billion

The Aegean Region raised exports to USD 2.525 billion in November 2022. İzmir brought USD 1.394 billion to Turkey in November. The Aegean Free Zone and İzmir Free Zone contributed USD 280 million to İzmir's exports. In November 2022, Manisa posted USD 465 million in performance, while Denizli ranked third with USD 369 million in exports. Muğla contributed USD 99 million, Aydın USD 91 million, Balıkesir USD 75 million, Uşak USD 41 million, Kütahya USD 33 million, and Afyonkarahisar USD 30 million to Aegean Region exports.