Türkiye’s goods exports in October totalled USD 24.0 billion, according to figures released in Istanbul by Türkiye İhracatçılar Meclisi (TİM) President Mustafa Gültepe and Ömer Bolat, Minister of Trade.

For the January–October period the country’s cumulative exports rose to USD 224.6 billion, while exports over the last 12 months reached USD 270.2 billion. Gültepe stated that according to General Trade System (GTS) records, the October figure represents a year-on-year increase of 2.2 per cent. He added that the 10-month export total is up 3.9 per cent, and the annualised export value is up 3.1 per cent.

In October, Türkiye’s service exports are estimated to have reached about USD 11.4 billion. On a sectoral basis, the automotive sector led with USD 3.8 billion, followed by chemicals at USD 2.6 billion, electrical-electronics at USD 1.6 billion, ready-to-wear at USD 1.5 billion, and steel at USD 1.3 billion. In terms of geography, the top five export destination provinces were Istanbul, Kocaeli, Bursa, Ankara and Izmir. Among destinations, Germany, the United States, the United Kingdom, Iraq and Italy were cited as the largest export markets.

Gültepe also noted that 1,085 firms exported for the first time in October. The exchange-rate (parity) effect contributed about USD 706 million — roughly 3 per cent of the total monthly exports. The unit export value stood at USD 1.59 per unit. However, he cautioned that new orders are weak: “Of the 10 main sectors, nine remain in contraction territory.” He emphasised that despite headwinds the sector is entering the final quarter with positive momentum, and called for further support and incentives.

Looking ahead, Gültepe said the monthly trade‐delegation calendar remains full, with planned visits to China, Italy, Malaysia, Indonesia and Ghana, after having recently held delegations to Iraq, Canada, the USA, Panama, Colombia, Kazakhstan, Kenya and Jordan