Turkey exports increased by 15 pct year-on-year

Turkey's exports increased to US$152 billion in the last 12 years, said the Economy Minister.

Turkey exports increased by 15 pct year-on-year

World Bulletin / News Desk

Turkey's economy minister says the country's exports have on average increased 15 percent year-on-year, from US$36 billion (26 billion euros) to US$152 billion (110 billion euros) in the last 12 years and growth needs to be continued at this rate in the near future.

Speaking at the 1st Sector Assessment Assembly organized jointly by the Turkish Ministry of Economy and Turkish Exporters Assembly in Istanbul on Saturday, Nihat Zeybekci said that Turkey was ranked among the top three in terms of increase in exports.

“The economy is not only confined to ministry, but to the whole country," he said. "If we look at 2014’s export target we realize that we loiter around a figure and in a region for too long in the last 4-5 years. We can’t say it is something dangerous but we need to do an assessment about it.”

He said that Turkey needed to makes gains in the export of product, stock, market and energy components.

“We need to assess stock, energy, market, consumption habits and distribution networks. That’s why I am here today. We will talk openly and note everything that we talk here and later work on them as ministry” he added. 

Güncelleme Tarihi: 22 Şubat 2014, 16:54