Exports from Turkey rose 13 percent from a year earlier to USD 15.7 billion in October 2018 as sales of manufactured products, which accounted for 93.7 percent of total shipments, increased 13.8 percent. Also, exports of agriculture, hunting and forestry went up 0.9 percent, while those for mining and quarrying declined 2.6 percent. Among major trading partners, exports increased mainly to Germany (0.5 percent), the UK (20.7 percent), Italy (17.9 percent), Iraq (31.1 percent), Spain (32.8 percent), the Netherlands (7 percent), Romania (9.1 percent) and Belgium (25 percent). Meantime, sales to the US were unchanged and those to France fell 0.2 percent. Exports in Turkey averaged 3090.61 USD Million from 1957 until 2018, reaching an all time high of 15719.44 USD Million in October of 2018 and a record low of 7.10 USD Million in August of 1958.
Exports in Turkey is expected to be 15600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Turkey to stand at 17600.00 in 12 months time. In the long-term, the Turkey Exports is projected to trend around 20400.00 USD Million in 2020, according to our econometric models.