Turkey’s export data for February 2024 was shared by the Turkish Exporters Assembly (TIM). Turkey’s exports in February increased by 13.6 per cent to 21.1 billion dollars. Thus, the second export figure of the year was recorded as the highest February export value. The furniture, paper and forestry products sector, which put forward a successful export figure last year despite the recession in the global economy and the tensions between neighbouring countries, started 2024 positively and showed a steady increase in January and February.
58 per cent increase in exports to America in the first two months of 2024
Among the countries where the furniture, paper and forestry products sector exported the most in the first two months of 2024, Iraq ranked first with 179 million dollars, while the United States of America ranked second with 61 million dollars. Exports to the United Kingdom in the third place were 60 million dollars, followed by countries such as Germany, Morocco, Iran, France, Libya and Romania. The country where the export share increased the most was the United States of America with 58 per cent.
The sector is taking firm steps towards its export target of 8 billion dollars
The furniture, paper and forestry products sector continues on its way with confident steps to exceed the export threshold of 8 billion dollars in 2024. Commenting on the exports of the sector in February, Erkan Özkan, President of Istanbul Furniture, Paper and Forestry Products Exporters’ Association, said: “Last year, both the recession in the global economy and the tensions in neighbouring countries were very difficult for us. However, we started the second century of our republic with great hopes. The continuation of the successful export performance we achieved in January in February made us all smile and gave hope for the coming months. We want to increase the figure of 653 million dollars we reached in February in the coming months and exceed the export threshold of 8 billion dollars this year. While we continue to work intensively for this, we endeavour to take firm steps forward. On the one hand, we endeavour to expand our markets and increase our presence in existing markets in line with our export strategy, and on the other hand, we are trying to increase our production volume. We follow the opportunities that will arise in the sector and strive for our exporters to make successful moves. We aim to provide maximum efficiency to our exporters with both country visits and fairs throughout the year.”
