Turkey continues to make impressive strides in global trade, with its exports to the United Kingdom reaching a significant milestone in July 2024. The UK has emerged as the leading growth market for Turkish exports, underscoring the strengthening economic ties between the two nations.
In July, Turkey's exports to the UK surged by $348.3 million compared to the same period last year, pushing the total export value to over $1.3 billion. This remarkable growth positions the UK as Turkey's second-largest export destination, just behind Germany.
The UK’s robust demand for Turkish products reflects the growing synergy between the economies of Ankara and London. This surge in trade highlights Turkey’s expanding influence in European markets and its role as a key player in global commerce.
Key sectors driving this export growth include the automotive industry, which led the way with $458.1 million in exports. Other significant contributions came from the electrical and electronics sector ($155.9 million), apparel and textiles ($136 million), chemical products ($87 million), and steel ($49.8 million).
Turkey's top exporting cities also played a crucial role in this success. Istanbul led with $477.4 million in exports to the UK, followed by Kocaeli ($238.9 million), Sakarya ($95.3 million), Bursa ($91.5 million), and Izmir ($72.7 million).
As Turkey continues to strengthen its trade relations with key global partners, the country’s export performance reflects its resilience and strategic importance in the global market.
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