EİB Enters New Year with 5% Growth

EIB Enters New Year with 5% Growth While Turkey achieved USD 19.375 billion in exports in January with a 10% increase, the Aegean Exporters Associations contributed USD 1.433 billion to this figure by raising their exports by 5% in January. In the USD 1.433 billion in exports realized by the Aegean Exporters Associations in January, industrial products accounted for USD 747 million, while agricultural products represented USD 603 million with a 27% increase. Aegean mining exporters brought USD 82 million in foreign exchange to the country. The Aegean Iron and Non-Ferrous Metals Exporters Association, which reaches the highest export figures among sectors each month, solidified its top position in January with USD 194 million in exports. Aegean chemists, who are not represented under the Aegean Exporters Associations umbrella, achieved USD 130 million in exports in January. The Aegean Ready-Made Garments and Apparel Exporters Association recorded the second-highest exports among the Associations with USD 116 million. The Aegean Aquatic Products and Animal Products Exporters Association, which achieved the highest exports among agricultural and food associations, closed January with USD 112 million with a 3% increase. The Aegean Fresh Fruit and Vegetable Exporters Association brought USD 100 million to the country with an 8% increase, while the Aegean Olive and Olive Oil Exporters Association earned USD 95 million. The Aegean Cereals, Legumes and Oilseeds Exporters Association raised its exports by 21% to USD 76 million. The Aegean Dried Fruit and Products Exporters Association and the Aegean Furniture, Paper and Forest Products Exporters Association signed off on USD 67 million in exports with a 7% increase. The Aegean Textiles and Raw Materials Exporters Association achieved USD 39 million in exports with a 28% increase, while the Aegean Leather and Leather Products Exporters Association recorded USD 18 million in exports with a 17% increase. Aegean Exporters Associations Coordinator Chairman Jak Eskinazi, who stated that 9 Associations increased their exports while 3 Associations fell behind their previous year's performance, said: "Despite this challenging economic environment, we started 2023 with a 5% increase. Our iron and non-ferrous metals, chemicals, ready-made garments, aquatic products and animal products, and fresh fruit sectors reached three-digit export figures. EIB's share of agricultural exporters in exports increased from 34% to 42%. We can say that our region's agricultural sector is keeping exports afloat. We expect our agricultural exports to exceed USD 7 billion within the next three months." Jak Eskinazi stated: "To increase the number of exporting companies in the Aegean Region and strengthen our ties, we are organizing 'Aegean Export Meetings' to discuss issues facing exports with all our stakeholders, visiting our members in their own cities. Our exporters are extremely diligent. If the appropriate climate is provided, we project that we will exceed USD 18 billion in 2023. We are more hopeful starting from the second half of 2023. As EIB, we have started our contacts with distant markets with our Malaysia and Colombia trade delegations, and our exporters are fulfilling their responsibilities."

Aegean Region's January Exports USD 2.4 Billion

  The Aegean Region increased its exports to USD 2.4 billion in January 2023 with a 15% increase. İzmir brought USD 1.411 billion to Turkey in January with a 27% increase. Aegean Free Zone and İzmir Free Zone contributed USD 274 million to İzmir's exports. Manisa achieved a 4% increase with USD 353 million in January 2023, while Denizli ranked third with USD 309 million in exports with a 13% increase. Balıkesir contributed USD 100 million with a 61% increase to Aegean Region exports, Aydın USD 69 million with a 3% increase, Muğla USD 64 million with an 8% increase, Kütahya USD 34 million, Uşak USD 30 million, and Afyonkarahisar USD 26 million.