Exports from Turkey advanced 1.6 percent from a year earlier to USD 12.52 billion in August 2019, as shipments of manufactured products, which accounted for 95.3 percent of total sales, rose 2.0 percent. Also, exports of mining & quarrying and fisheries rose 2.1 percent and 8.1 percent, respectively; while those of agriculture, hunting and forestry tumbled 14.7 percent. Among major trading partners, exports rose to Germany (0.1 percent), the UK (14.2 percent), Iraq (0.6 percent), Italy (22.2 percent), Spain (7.0 percent), France (15.7 percent) and the Netherlands (34.3 percent). In contrast, shipments decreased to the US (-2.9 percent). Exports in Turkey averaged 3236.45 USD Million from 1957 until 2019, reaching an all time high of 15944.20 USD Million in May of 2019 and a record low of 7.10 USD Million in August of 1958.
Exports in Turkey is expected to be 15600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Turkey to stand at 16200.00 in 12 months time. In the long-term, the Turkey Exports is projected to trend around 20200.00 USD Million in 2020, according to our econometric models.