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In August, Turkey’s export figures were shaped under the leadership of industrial sectors. According to data from the Turkish Exporters’ Assembly (TİM), total exports stood at 21.8 billion dollars, marking a 0.9% decline compared to the same month last year.
While industrial sectors carried the main burden of exports, the automotive industry led in August with foreign sales worth 2.7 billion dollars. It was followed by chemicals and chemical products at 2.6 billion dollars, and ready-to-wear and apparel at 1.5 billion dollars.
The defense and aerospace industry, on the other hand, recorded a 97.3% increase in exports, becoming the fastest-growing sector of the month. Exports in the industrial group, which accounted for 70.6% of total exports, fell by 0.6% to 15.4 billion dollars. Agricultural exports dropped by 3.9% to 2.7 billion dollars, while mining exports edged up by 0.4% to 523.8 million dollars.
In terms of country distribution, Germany ranked first with 1.595 billion dollars in exports, followed by the United Kingdom with 1.015 billion dollars and the United States with 1.014 billion dollars.
By provinces, Istanbul maintained a clear lead with 7.9 billion dollars in exports, followed by Kocaeli with 1.5 billion dollars and Ankara with 1.3 billion dollars.
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