Exports from Turkey grew 4.6 percent from a year earlier to USD 14.5 billion in April 2019, as shipments of manufactured products, which accounted for 95 percent of total sales, rose 5.1 percent. Also, exports of mining and quarrying advanced 2.7 percent, while those of agriculture, hunting and forestry fell 10.2 percent. Among major trading partners, exports increased mainly to Iraq (18.6 percent), the US (15.6 percent), Spain (0.4 percent), Israel (9.9 percent), the UAE (40.2 percent) and Saudi Arabia (40.8 percent), but decreased to Germany (-8.8 percent), the UK (-3.6 percent) and Italy (-0.8 percent). Exports in Turkey averaged 3180.70 USD Million from 1957 until 2019, reaching an all time high of 15678 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 15500.00 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 17900.00 in 12 months time. In the long-term, the Turkey Exports is projected to trend around 20200.00 USD Million in 2020, according to our econometric models.