Positive trend in export sentiment continues

The results of the Istanbul Chamber of Industry (ISO) Turkey Manufacturing Sector Export Climate Index, which measures the operating conditions of the Turkish manufacturing sector in the main export markets, for the period of May 2023 were announced.

Istanbul Chamber of Industry Turkey Manufacturing Sector Export Climate Index, which was 53.1 in April, was 52.3 in May. Although the index showed a slight decrease compared to the previous month, it pointed to a strong improvement in the export demand conditions of Turkish manufacturers on a monthly basis. Although this improvement was the mildest since February, the export climate has strengthened over the last four months as of May.