13,122.58 TRY BIST 100 BIST 100
56.17 EUR EUR EUR
48.67 USD USD USD
7.30 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.17 TRY Interest Interest
104.36 USD Fossil Oil Fossil Oil
6.54 USD Copper Copper
99.78 TRY Silver Silver
95.89 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

In 2022, approximately 6.5 billion dollars of exports from the mining sector

In 2022, Turkey's mineral exports increased to 6 billion 469 million dollars with an increase of 9.13 percent compared to the previous year.

In 2022, approximately 6.5 billion dollars of exports from the mining sector

According to the statement made by the Istanbul Mineral Exporters' Association (IMIB), the highest foreign sales in the mining sector, which increased its exports to 6 billion 469 million dollars with an increase of 9.13 percent, came from the metallic ores product group with 2 billion 172 million dollars.

Natural stones came in second with $2.1 billion, and industrial minerals came in third with $1.36 billion.

"We will focus on trade delegations"

Rüstem Çetinkaya, Chairman of the Mining Sector Board of the Turkish Exporters Assembly (TIM) and Chairman of the Board of Directors of the Istanbul Mining Exporters Association (IMIB), whose assessments of the data were included in the statement, reported that they set out with an export target of $ 7.5 billion at the beginning of 2022, but could not reach the target due to the continuing effects of the recession in the USA and the EU and the COVID-19 pandemic in China.

Stating that the mining sector still managed to achieve an export increase of 9.13 percent, Çetinkaya said, "We are also facing similar situations for next year. We do not expect our exports to increase much in the first 6 months of 2023. If there is no change in these conditions, we estimate that 2023 exports will be behind 2022. If the developments in the world change after the second 6 months of 2023, we can reach the same levels in exports as 2022 or we can go up a bit." 

As IMIB; Çetinkaya mentioned that they will focus on trade delegations in order to develop exports and create new markets and made the following statements:

"Although we have no chance to close the gap that will occur in our main markets, China and the EU markets, with other markets, we will try to support our exporters with trade delegation programs. We have no intention of stopping. The first Turkish Natural Stones Sectoral Trade Delegation program to be organized by IMIB in 2023 will be held in Saudi Arabia on January 21-27. In February, the program will be held in Vietnam.

Turkish Natural Stones Vietnam Sectoral Trade Delegation will be held in Ho Chi Minh City on February 22-25. On March 13-16, Turkish Natural Stones will be signed by the Qatar Sectoral Trade Delegation in Doha, Qatar. The second trade delegation organization of March will be held in Tel Aviv, Israel, on March 20-23. The address of the trade delegation program on May 23-26 will be France."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Iran issues new retaliation warning to the US

Monday, September 7, 2026

Morgan Stanley expects two rate cuts from the CBRT in the final quarter

Monday, September 7, 2026

German industrial output unexpectedly declined in July

Monday, September 7, 2026

Oil prices rise on supply concerns in the Strait of Hormuz

Monday, September 7, 2026

US comments on Iran weaken prospects for nuclear deal

Monday, September 7, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now