According to the announced data, Türkiye’s total machinery exports, including free zones, reached USD 18.8 billion in the first eight months of the year.
According to the consolidated machinery manufacturing industry data shared by the Machinery Exporters’ Association (MAİB), machinery exports decreased by 6.8 percent in volume terms in the first eight months of the year, while the increase in export unit prices led to a 1.0 percent rise in export value compared with the same period of the previous year. Germany remained the largest market for machinery exports. Exports to Germany exceeded USD 2.2 billion, with a 7.8 percent increase in value. Machinery exports to the United States, which ranked second, rose by 29.4 percent to USD 1.6 billion. During the same period, double-digit growth rates were recorded in Egypt, the Netherlands, Ukraine and Kazakhstan, in addition to the United States, while machinery exports to Iraq and Russia declined by more than 30 percent.
