Blog Turkey's Exports to Germany Record the Highest Monthly Figure in the History of Trade Between the Two Countries

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18 May 2022

Turkey's Exports to Germany Record the Highest Monthly Figure in the History of Trade between the Two Countries

Germany ranks among the countries with stronger economic relations with Turkey, with the German market ranked first among the most imported markets for Turkish goods, confirmed by official statistical figures for Turkish exports.

Turkish exports to Germany in particular over the past two years have reached new records, most recently in April, with exports reaching the highest monthly figure in their history between the two countries during the month.

Turkey's Exports to Germany Hit a New Record in April 2022

According to official statistics on Turkish exports, the country's exports to Germany in April 2022 reached $1.832 million, marking the highest monthly figure in the history of trade between the two countries.

April exports made a 20.8% increase compared to exports in the same month last year, and exports to Germany accounted for 7.8% of Turkey's foreign trade volume during the month.

The United States ranked second among the most receiving countries for Turkish exports, with Turkish imports to America amounting to $1.530 million in April this year.

The UK ranked third in Turkish exports, valued at $1.1 billion and $107 million during the same month.

According to statistical information, Turkey's exports to the world were in April as follows:

No.	Country	Value of Turkey's Exports During April 2022
1	Germany	$1.832.000.000
2	United Sates of America	$1.530.000.000
3	United Kingdom	$1.107.000.000
4	Italy	$1.012.000.000
5	Spain	$980.344.000

The Automotive Manufacturing Sector: The Most Exported To Germany During April

According to Turkish export figures to Germany in April 2022, the automotive industry ranked first among the most exported sectors to Germany with exports of $395 million and $856,000.

Turkey's second most exported sector to Germany was the garment sector, with exports to Germany in April of $352,868,000, followed by iron and minerals with exports of $216.405,000.

The value of exports from the most prominent sectors of the Turkish market to Germany during April was as follows:

No.	Sector	Value of sector exports to Germany during April 2022
1	Auto Industry	$395.856.000
2	Clothes	$352.868.000
3	Iron and Minerals	$216.405.000
4	Electric and Electronics	$140.271.000
5	Chemicals	$129.388.000
6	Hazelnuts	$33.478.000
7	Jewellery	$12.709.000
8	Carpet	$12.668.000
9	Animal Products	$9.986.000

Edited by NecibeInternational Trade

Source: ensonhaber.com

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