EİB's exports in the January-June period of 2025 amounted to 9 billion dollars, while its exports in the last 1-year period increased by 2 percent to 18 billion 424 million dollars. Industrial exports increased by 14 percent to 774 million dollars in June, while agricultural exports increased by 3 percent to 560 million dollars.
Exporting 233 million dollars of exports, Aegean Ferrous and Non-Ferrous Metals Exporters' Association increased its exports by 30 percent and maintained its place at the top.
Our business is production, our strength is exports; we have to find solutions
Jak Eskinazi, Coordinator President of the Aegean Exporters' Associations, said: "June figures are the most concrete indication that our exporters have not given up production and presence in foreign markets despite all the difficulties. While our industrial and agricultural sectors contributed to growth again, double-digit increases in sectors such as ferrous and non-ferrous metals, aquaculture and mining are promising. However, high energy prices, unpredictability in exchange rates, difficulties in accessing financing and rising labor costs, which we have been voicing on every platform, are now eroding exporters' profit margins, narrowing their room for maneuver and causing global buyers to see Türkiye as a country of high-cost production. June figures show the resilience of our exporters, but the contraction in the PMI and the cost pressure reveal the necessity to find solutions. The Manufacturing PMI Index remained at 46.7 in June, indicating that the contraction in the sector continues and that manufacturers are struggling due to cost pressures and order losses. At the point we have reached today, we have to find solutions. A predictable exchange rate policy that allows exporters to calculate costs, special credit mechanisms for labor-intensive sectors, supportive regulations for energy costs and incentives to keep production and capital in Türkiye need to be implemented. It should not be forgotten that our business is production and our strength is exports. It is the common responsibility of all of us to protect this vision."
Comments
No comment yet.