By Anadolu Agency
Turkey, which prioritizes policies that will increase investment, production, employment, and exports in the manufacturing industry aimed at competitive production, has seen its efforts in this area reflected in its export figures.
According to information compiled by an AA correspondent from data provided by the Turkish Statistical Institute (TÜİK), Turkey is increasing its exports of technology-intensive products ranging from aviation and spacecraft to weapons and ammunition, motor vehicles, medical products, computers, and electrical equipment.
Turkey’s exports of medium-high and high-technology products increased from $53.1 billion in 2013 to $60.1 billion in 2017. Exports of these products reached $77.4 billion in 2021 and $88.7 billion in 2022. Exports of medium-high and high-technology products were recorded at $97.3 billion in 2023, $101.1 billion in 2024, and $111.9 billion last year.
Exports in question also increased by 8.4 percent in the January-June period compared to the first 6 months of last year, reaching $56.2 billion.
Manufacturing of high-tech computer, electronic, and optical products is at its peak.
Exports of high-tech products, which totaled $4.4 billion in the January-June period of last year, reached a new record of $4.5 billion in the first half of this year. This represents a 3.3% increase compared to the same period last year.
In this category, the highest exports were in “manufacturing of computers, electronic and optical products” with 1.7 billion dollars. This was followed by “manufacturing of aircraft and spacecraft” with 1.6 billion dollars and “manufacturing of pharmaceutical products, medicinal chemical and herbal products” with 1.3 billion dollars.
Motor vehicles top the list in medium-high technology product exports.
Exports of medium-high technology products also increased by 8.8 percent in the same period, reaching $51.7 billion.
Within this category, “manufacturing of motor vehicles” was the sector with the highest export volume, reaching $19.6 billion.
This was followed by the manufacture of “chemicals and chemical products” with $9.8 billion, “electrical equipment” with $9.6 billion, and “machinery and equipment not classified elsewhere” with $9.3 billion.
These areas were followed by “manufacturing of weapons and ammunition” with $2.5 billion, “manufacturing of medical and dental instruments and equipment” with $537 million, and “manufacturing of aircraft and spacecraft and related machinery, and manufacturing of other means of transport excluding ships and boats” with $393.4 million.