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Export value of the chemicals industry exceeded 3 billion dollars

According to data provided by the Türkiye Exporters Assembly (TİM), exports of Türkiye decreased by 4.1 percent in March compared to the same period of last year and resulted in an export value of 22.5 billion dollars. The chemicals industry that achieved an export value of over 3 billion dollars became the second industry to export the most in March. While there was a general decrease in exports in March, the chemicals industry achieved a 5.6 percent increase in exports

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Nisan 5, 2024
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Commenting on export figures of the chemicals industry in March, Chairman of the Board of Istanbul Chemicals and Chemical Products Exporters Association (İKMİB) Adil Pelister said: “In March our chemicals industry achieved an export value of over 3 billion dollars with a 5.6 percent increase compared to the same month last year and received 13.5 percent share of national exports, becoming the second highest exporter

İstanbul Kimyevi Maddeler ve Mamulleri İhracatçıları Birliği (İKMİB) Yönetim Kurulu Başkanı Adil Pelister

sector. While there was a decrease in general exports in March, it is pleasing that our chemicals industry remained on the positive side and increased its performance. When we consider figures from the first quarter we see that our export exceeded 8 billion dollars. In this period our export as an industry grew by 7.7 percent. Mineral fuels, mineral oils and products, plastics and products, and inorganic chemicals occupy the top three among our highest exported sub-industries. Among the highest receiver of exports, Holland, Romania, and Italy occupied the top three positions. As İKMİB we intensely continue our activities. Now that the uncertainty associated with election disappeared, we foresee that economics and exports will be emphasized further. We will continue to work more every month to continue to achieve this increase in exports.”

“Mineral fuels and products” was the highest exported sub-industry in March

In March exports of mineral fuels products among sub-sectors of chemicals and chemical products reached 1 billion 82 million 391 thousand dollars in value and occupied the first place. Plastics and products occupied the second place with exports reaching 811 million 326 thousand dollars in value while exports of inorganic chemicals occupied the third place with 232 million 274 thousand dollars in export value. Other sectors in top ten following ‘inorganic chemicals’ were ‘essential oils, cosmetics and soap’, ‘rubber, rubber products’, ‘pharmaceuticals’, ‘paint, varnish, ink and their products’, ‘miscellaneous chemical agents’, ‘cleaning products,’ and ‘organic chemicals’.

Holland became the highest receiver of exports in March

The top ten countries that were the highest receiver of exports in March were Holland, Romania, Italy, Egypt, Spain, Russia, USA, Germany, Belgium, and Iraq. The highest increase in March among the top 10 countries was to Romania with 275.52 percent increase.

Monthly chemicals export in 2024

Highest receivers of Turkish chemicals exports in March 2024

Sub-sectors of chemicals exports in March 2024

Tags: #brand#chemicals#company#export#İKMİB#industry#ink#mineraloils#plastic#product#TİM
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