NWS Nieuws & Achtergronden
Discussieer hier diepgaander over de actualiteiten.
Dictators zijn voorspelbaarder dan een digitaal circuit 
Flink de consumptieve uitgaven oppompen met vers gedrukte valuta
Flink de consumptieve uitgaven oppompen met vers gedrukte valuta
quote:Flinke verhoging Turkse ambtenarensalarissen
De Turkse regering verhoogt het salaris van ambtenaren met 30,5 procent.
Dat heeft de Turkse president Recep Tayyip Erdoğan maandag bekendgemaakt.
De verhoging is hoger dan initieel verwacht. Daarmee zijn de burgers “ontlast van de hoge prijsstijgingen in het land”, benadrukte de Turkse leider. “We hebben speciale maatregelen genomen om de inkomens van onze burgers niet te laten lijden aan de inflatie.”
Ook is het Turkse ministerie van Handel een jacht gestart op bedrijven en winkelketens die bewust de prijzen deden stijgen door ‘de zwakkere lira’, maar nadat de Turkse munt weer in waarde steeg tegenover buitenlandse valuta, de prijzen niet verlaagden. Ook bleek dat zij producten bewust niet verkochten om de markt te ontregelen in nadeel van de Turkse consument. De eerste (relatief) zware geldboetes zijn al uitgedeeld.
Senioren
Ook gaan de pensioenen van senioren omhoog. Het laagste salaris is van 1.500 lira verhoogd naar 2.500 lira. Daar gaan bijna 1,3 miljoen senioren van profiteren.
Geld maakt meer kapot dan je lief is.
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Export van Turkse wapensystemen in 2021.
January $166,997,000,
February $233,225,000,
March $247,097,000,
April $302,548,000,
May $170,347,000,
June $221,791,000,
July $231,065,000,
August $284,721,000,
September $252,475,000
Oktober $287,145,000
November $384,528,000
December $433,00,000
Total defense exports in 2021: $3,224,000,000
Hoogste ooit.
Er wordt nu al veel interesse getoond in Turkse wapensystemen die in de ontwikkelingsfase zitten.
De Turkse TB2 drones hebben geen concurrentie.
Of ze zijn 10x zo duur (zoals de Reaper), of ze presteren 10 keer minder.
Ook is Turkije een zonnepanelenpark van 23 km2 aan het aanleggen om minder afhankelijk te worden van energie importen. Als ze 250 km2 aanleggen zullen ze geen energie meer te hoeven importeren.
January $166,997,000,
February $233,225,000,
March $247,097,000,
April $302,548,000,
May $170,347,000,
June $221,791,000,
July $231,065,000,
August $284,721,000,
September $252,475,000
Oktober $287,145,000
November $384,528,000
December $433,00,000
Total defense exports in 2021: $3,224,000,000
Hoogste ooit.
Er wordt nu al veel interesse getoond in Turkse wapensystemen die in de ontwikkelingsfase zitten.
De Turkse TB2 drones hebben geen concurrentie.
Of ze zijn 10x zo duur (zoals de Reaper), of ze presteren 10 keer minder.
Ook is Turkije een zonnepanelenpark van 23 km2 aan het aanleggen om minder afhankelijk te worden van energie importen. Als ze 250 km2 aanleggen zullen ze geen energie meer te hoeven importeren.
Zo lang mogelijk de brandende carrousel draaiende houden.quote:Op maandag 3 januari 2022 19:05 schreef Digi2 het volgende:
Dictators zijn voorspelbaarder dan een digitaal circuit
Flink de consumptieve uitgaven oppompen met vers gedrukte valuta
[..]
[ Bericht 0% gewijzigd door Perrin op 03-01-2022 20:59:22 ]
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?
Slouches towards Bethlehem to be born?
Artikel van de Duitse site ZDF over de Turkse elektrische auto TOGG.
https://www.zdf.de/nachri(...)lektro-auto-100.html
Een Engelstalige video over de auto.
https://www.zdf.de/nachri(...)lektro-auto-100.html
Een Engelstalige video over de auto.
$3 / $796 miljard x 100% = 0.38% BNP poeh hee, dat gaat zoden aan de dijk zettenquote:
Total defense exports in 2021: $3,224,000,000
Economy of Turkey
Geld maakt meer kapot dan je lief is.
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Het is een groeiende business voor Turkije.quote:
[..]
$3 / $796 miljard x 100% = 0.38% BNP poeh hee, dat gaat zoden aan de dijk zetten
Economy of Turkey
En de successen op dit gebied stralen af op de rest van de economie.
Zoals ik heb gezegd zijn Turkse wapens doorslaggevend op het slagveld.
Turkse drones hebben de Libische regering gered. Als dank krijgen Turkse constructiebedrijven miljarden orders van het olierijke land. Turkije gaat misschien ook een zonnepanelen park in Libië aanleggen van vele km2.
VAE gaat 10 miljard in Turkije investeren omdat Turkije heeft geholpen in Ethiopië. Daar heeft Ethiopië de rebellen verslagen met hulp van Turkse drones.
Het olierijke Nigeria wil nu ook hulp uit Turkije. Daar gaan Turkse constructie bedrijven ook scoren.
Je snapt dat als Turkije drones gaat leveren aan fail states dat zog harder geraped gaan worden? Nu is het bekent dat Turken zich graag in hun reet laten naaien, maar dit word pijnlijk.quote:Op maandag 3 januari 2022 19:54 schreef polderturk het volgende:
[..]
Het is een groeiende business voor Turkije.
En de successen op dit gebied stralen af op de rest van de economie.
Zoals ik heb gezegd zijn Turkse wapens doorslaggevend op het slagveld.
Turkse drones hebben de Libische regering gered. Als dank krijgen Turkse constructiebedrijven miljarden orders van het olierijke land. Turkije gaat misschien ook een zonnepanelen park in Libië aanleggen van vele km2.
VAE gaat 10 miljard in Turkije investeren omdat Turkije heeft geholpen in Ethiopië. Daar heeft Ethiopië de rebellen verslagen met hulp van Turkse drones.
Het olierijke Nigeria wil nu ook hulp uit Turkije. Daar gaan Turkse constructie bedrijven ook scoren.
🕰️₿🕰️₿🕰️₿🕰️₿🕰️₿🕰️ TikTok next Block
Ook Marokko heeft interesse. Polen gaat Turkse drones kopen. Oekraïne wil ze ook of heeft ze al.quote:
[..]
Het is een groeiende business voor Turkije.
En de successen op dit gebied stralen af op de rest van de economie.
Zoals ik heb gezegd zijn Turkse wapens doorslaggevend op het slagveld.
Turkse drones hebben de Libische regering gered. Als dank krijgen Turkse constructiebedrijven miljarden orders van het olierijke land. Turkije gaat misschien ook een zonnepanelen park in Libië aanleggen van vele km2.
VAE gaat 10 miljard in Turkije investeren omdat Turkije heeft geholpen in Ethiopië. Daar heeft Ethiopië de rebellen verslagen met hulp van Turkse drones.
Het olierijke Nigeria wil nu ook hulp uit Turkije. Daar gaan Turkse constructie bedrijven ook scoren.
Liever Turkse dan Chineze drones (zoals Servië).
Turkije geeft ook een compleet onderhoudspakket en trainingen veel beter dan China doet, de drones hebben zich al bewezen en kosten niet zoveel als de Amerikaanse (als je die al kunt krijgen).
Wapenexport ligt gevoelig en daardoor kan je elders export verliezen. Oftewel er is niet altijd een positieve uitstraling op de rest van de economie.quote:
[..]
Het is een groeiende business voor Turkije.
En de successen op dit gebied stralen af op de rest van de economie.
Geld maakt meer kapot dan je lief is.
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Ook mooi dat hij de middenstand even verder gaat vernietigen.quote:
Dictators zijn voorspelbaarder dan een digitaal circuit
Flink de consumptieve uitgaven oppompen met vers gedrukte valuta
[..]
Turkey’s exports leap to record of nearly $225.4B in 2021
Containers are seen at the Port of Izmir in western Turkey, Dec. 24, 2021. (AA Photo)
Turkey’s exports jumped to an all-time high of nearly $225.4 billion (TL 3.03 trillion) in 2021, President Recep Tayyip Erdoğan announced on Monday, far exceeding the medium-term program goal.
Foreign sales surged by 32.9% year-over-year in 2021, Erdoğan told a group of exporters in Istanbul, prompting an upward revision in the export target for 2022.
“We are revising our 2022 (export) target as $250 billion,” the president said, reiterating the eventual goal of turning Turkey into a country registering a current account surplus.
“Thanks to the strong performance in our exports, we had already exceeded the target of the medium-term program for 2021. In this program, we had determined nearly $231 billion in exports for the year ahead. I believe that we will exceed this figure as well. For that reason, we are revising our 2022 targets to $250 billion,” Erdoğan noted.
The surge in foreign sales helped narrow the trade deficit by 7.8% year-over-year to $45.9 billion, he added. The exports-to-imports coverage ratio climbed 5.8 points to 83.1% in 2021.
The president went on to stress the fact that exports grew more than sixfold compared to only $36 billion some 19 years ago.
After being hit in spring last year as the pandemic hurt trade with Ankara’s biggest partners, Turkey’s exports saw all-time highs in 11 out of the last 12 months.
By October, the country’s share in global exports had surpassed 1%, another first for the country that marked a more than sixfold rise over the past two decades.
Imports were up 23.6% year-over-year to around $271.4 billion in 2021, while the overall foreign trade volume leaped to $496.7 billion, according to Erdoğan.
The number of firms carrying out exports hit 101,386 as of end-2021, said the president, compared to just 33,523 back in 2002. Last year alone, over 32,000 new firms joined the list.
Records in sales to Germany, U.S., U.K.
Exports to the European Union, where almost half of Turkey's exports go, surged 33% year-over-year to $93.1 billion, enabling Turkey to post a surplus of around $7.7 billion in trade with the bloc.
Germany remained the top market, having received $19.3 billion worth of Turkish products throughout the year, followed by the United States with $14.7 billion and the United Kingdom with $13.7 billion. Sales to all the three markets marked the highest annual figures ever.
The automotive industry again championed the list of highest exports in 2021 among industries with $29.34 billion. It was followed by chemicals with $25.35 billion and steel with $22.35 billion.
“We are pleased to see that the increase in our exports has spread evenly throughout the world, rather than focusing only on certain regions,” said Erdoğan.
He cited respectively an 86.6% year-over-year increase in sales to South America, a 29% rise in exports to non-EU European countries, a 22.6% rise in sales to Near and Middle Eastern countries and a 44.8% increase in exports to the North African region.
Exports to the U.S. yielded the highest increase on a value basis in 2021, Erdoğan noted, a sign that trade remained unaffected by multiple disagreements on several issues that have been triggering tensions between Ankara and Washington in recent years.
Sales to the U.S. were up 44.6% year-over-year, or $4.54 billion, the data showed.
Among other noteworthy rises, exports to the United Arab Emirates (UAE) rose 94.3% from a year ago to $5.5 billion, as the two countries utilized diplomacy to repair strained ties.
The UAE’s de facto ruler, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan (MBZ), paid an official visit to Ankara in November. The trip yielded accords for billions of dollars of investments that Erdoğan said would herald a “new era” in ties.
Exports to the U.K. surged 22% in the first year after Ankara and London signed a post-Brexit free trade agreement (FTA) in December 2020 to support a trade partnership worth over $25 billion.
The deal became effective as of Jan. 1, when Britain formally left the EU. It was Turkey’s most important trade deal since its 1995 Customs Union with the EU.
London and Ankara are expected to start negotiations on a more comprehensive trade pact this year to add new areas for stronger commercial cooperation.
‘Milestone’
Trade Minister Mehmet Muş dubbed the 2021 success a “milestone,” saying it also marked a year that saw exports becoming a “locomotive” of the Turkish economy.
In addition to strengthening its presence in traditional markets, Muş said Turkey also went on to boost sales in distant regions.
“We made exports to 229 countries and regions, increased our exports to 184 countries, set a record in exports to 123 countries,” said Ismail Gülle, the head of Turkish Exporters Assembly (TIM).
Citing World Trade Organization (WTO) data, Erdoğan said the volume of global trade in goods contracted by 5.3% in 2020.
“While all these were happening in the world, Turkey was one of the two countries that closed the year 2020 with growth,” he said.
Turkey’s industrial production index reached a record level of 143.6 with an 8.5% annual rise in October, Erdoğan said and added, “The manufacturing industry capacity utilization rate, on the other hand, exceeded the pre-pandemic level and reached 78.7% as of December.”
This acceleration also contributed to employment, he said.
“As of October 2021, the Turkish economy created 2 million additional jobs compared to the pre-pandemic level,” he elaborated.
While the member countries of the Organisation for Economic Co-operation and Development (OECD) are expected to recover only in the third quarter of 2023 in terms of employment, the Turkish economy has managed to quickly reach pre-pandemic levels with its dynamic structure, Erdoğan stated.
https://www.dailysabah.co(...)_image=undefined#big
Containers are seen at the Port of Izmir in western Turkey, Dec. 24, 2021. (AA Photo)
Turkey’s exports jumped to an all-time high of nearly $225.4 billion (TL 3.03 trillion) in 2021, President Recep Tayyip Erdoğan announced on Monday, far exceeding the medium-term program goal.
Foreign sales surged by 32.9% year-over-year in 2021, Erdoğan told a group of exporters in Istanbul, prompting an upward revision in the export target for 2022.
“We are revising our 2022 (export) target as $250 billion,” the president said, reiterating the eventual goal of turning Turkey into a country registering a current account surplus.
“Thanks to the strong performance in our exports, we had already exceeded the target of the medium-term program for 2021. In this program, we had determined nearly $231 billion in exports for the year ahead. I believe that we will exceed this figure as well. For that reason, we are revising our 2022 targets to $250 billion,” Erdoğan noted.
The surge in foreign sales helped narrow the trade deficit by 7.8% year-over-year to $45.9 billion, he added. The exports-to-imports coverage ratio climbed 5.8 points to 83.1% in 2021.
The president went on to stress the fact that exports grew more than sixfold compared to only $36 billion some 19 years ago.
After being hit in spring last year as the pandemic hurt trade with Ankara’s biggest partners, Turkey’s exports saw all-time highs in 11 out of the last 12 months.
By October, the country’s share in global exports had surpassed 1%, another first for the country that marked a more than sixfold rise over the past two decades.
Imports were up 23.6% year-over-year to around $271.4 billion in 2021, while the overall foreign trade volume leaped to $496.7 billion, according to Erdoğan.
The number of firms carrying out exports hit 101,386 as of end-2021, said the president, compared to just 33,523 back in 2002. Last year alone, over 32,000 new firms joined the list.
Records in sales to Germany, U.S., U.K.
Exports to the European Union, where almost half of Turkey's exports go, surged 33% year-over-year to $93.1 billion, enabling Turkey to post a surplus of around $7.7 billion in trade with the bloc.
Germany remained the top market, having received $19.3 billion worth of Turkish products throughout the year, followed by the United States with $14.7 billion and the United Kingdom with $13.7 billion. Sales to all the three markets marked the highest annual figures ever.
The automotive industry again championed the list of highest exports in 2021 among industries with $29.34 billion. It was followed by chemicals with $25.35 billion and steel with $22.35 billion.
“We are pleased to see that the increase in our exports has spread evenly throughout the world, rather than focusing only on certain regions,” said Erdoğan.
He cited respectively an 86.6% year-over-year increase in sales to South America, a 29% rise in exports to non-EU European countries, a 22.6% rise in sales to Near and Middle Eastern countries and a 44.8% increase in exports to the North African region.
Exports to the U.S. yielded the highest increase on a value basis in 2021, Erdoğan noted, a sign that trade remained unaffected by multiple disagreements on several issues that have been triggering tensions between Ankara and Washington in recent years.
Sales to the U.S. were up 44.6% year-over-year, or $4.54 billion, the data showed.
Among other noteworthy rises, exports to the United Arab Emirates (UAE) rose 94.3% from a year ago to $5.5 billion, as the two countries utilized diplomacy to repair strained ties.
The UAE’s de facto ruler, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan (MBZ), paid an official visit to Ankara in November. The trip yielded accords for billions of dollars of investments that Erdoğan said would herald a “new era” in ties.
Exports to the U.K. surged 22% in the first year after Ankara and London signed a post-Brexit free trade agreement (FTA) in December 2020 to support a trade partnership worth over $25 billion.
The deal became effective as of Jan. 1, when Britain formally left the EU. It was Turkey’s most important trade deal since its 1995 Customs Union with the EU.
London and Ankara are expected to start negotiations on a more comprehensive trade pact this year to add new areas for stronger commercial cooperation.
‘Milestone’
Trade Minister Mehmet Muş dubbed the 2021 success a “milestone,” saying it also marked a year that saw exports becoming a “locomotive” of the Turkish economy.
In addition to strengthening its presence in traditional markets, Muş said Turkey also went on to boost sales in distant regions.
“We made exports to 229 countries and regions, increased our exports to 184 countries, set a record in exports to 123 countries,” said Ismail Gülle, the head of Turkish Exporters Assembly (TIM).
Citing World Trade Organization (WTO) data, Erdoğan said the volume of global trade in goods contracted by 5.3% in 2020.
“While all these were happening in the world, Turkey was one of the two countries that closed the year 2020 with growth,” he said.
Turkey’s industrial production index reached a record level of 143.6 with an 8.5% annual rise in October, Erdoğan said and added, “The manufacturing industry capacity utilization rate, on the other hand, exceeded the pre-pandemic level and reached 78.7% as of December.”
This acceleration also contributed to employment, he said.
“As of October 2021, the Turkish economy created 2 million additional jobs compared to the pre-pandemic level,” he elaborated.
While the member countries of the Organisation for Economic Co-operation and Development (OECD) are expected to recover only in the third quarter of 2023 in terms of employment, the Turkish economy has managed to quickly reach pre-pandemic levels with its dynamic structure, Erdoğan stated.
https://www.dailysabah.co(...)_image=undefined#big
^ Wat een gigantische prestatie zeg!
Heb ook van een aantal bronnen te horen gekregen dat Erdogan binnenkort een bezoekje zal brengen aan Saudi-Arabie. Mogelijk nieuwe swap contracten.
Heb ook van een aantal bronnen te horen gekregen dat Erdogan binnenkort een bezoekje zal brengen aan Saudi-Arabie. Mogelijk nieuwe swap contracten.
Godverdomme Turkijë eckt nummer 1!!! Wat vreemd dat investeerders wereldwijd niet massaal Turkse lira inslaan.
De valuta van succesvolle landen is immers altijd populair.
De valuta van succesvolle landen is immers altijd populair.
Swappen tegen welk onderpand?quote:
Geld maakt meer kapot dan je lief is.
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Niet echt als de salarissen van werknemers met meer dan 40% binnen een jaar in koopkracht zijn verlaagd middels devaluatie. Of die het ook zo'n gigantische prestatie vinden acht ik te betwijfelen.quote:
Geld maakt meer kapot dan je lief is.
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Eén groot succesverhaalquote:
Turkey’s exports leap to record of nearly $225.4B in 2021
https://www.dailysabah.co(...)_image=undefined#big
Gebracht door het propagandakrantje van Erdogan en zijn partij.
Daily Sabah has been frequently called a propaganda outlet for the Turkish government and the ruling Justice and Development Party (AKP).[2][3][4][5][8] It is owned by a friend of Recep Tayyip Erdoğan.[9]
https://en.wikipedia.org/wiki/Daily_Sabah
De zoveelste hopeloze poging om zijn desastreuze beleid te verdoezelen. D'r zal flink wat creatief boekhouden aan te pas zijn gekomen om het handelstekort zo klein mogelijk te laten lijken. En daarmee de lira te ondersteunen. Maar wie controleert daar nog of de cijfers kloppen? Alle kritische ambtenaren of journalisten zijn inmiddels weggebonjourd.
Niet bij Werkperd, die heeft toch liever zijn eurosquote:
De valuta van succesvolle landen is immers altijd populair.
Geld maakt meer kapot dan je lief is.
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Het zijn sterke ruggen die vrijheid en weelde kunnen dragen
Krijg je eigenlijk euro's of lira's uit Ankara?quote:
^ Wat een gigantische prestatie zeg!
Heb ook van een aantal bronnen te horen gekregen dat Erdogan binnenkort een bezoekje zal brengen aan Saudi-Arabie. Mogelijk nieuwe swap contracten.
Ik denk het laatste, hij wordt altijd zo vrolijk als de TL-koers weer even piekt.quote:
[..]
Krijg je eigenlijk euro's of lira's uit Ankara?
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?
Slouches towards Bethlehem to be born?
Erdogan gaat in februari voor het eerst in jaren naar Saudi Arabië.
Jarenlang waren de relaties heel slecht. Misschien gaat SA hulp vragen in Yemen.
https://www.msn.com/de-de(...)cid=msedgdhp&pc=U531
Jarenlang waren de relaties heel slecht. Misschien gaat SA hulp vragen in Yemen.
https://www.msn.com/de-de(...)cid=msedgdhp&pc=U531
Ik dacht juist dat Turkije en SA het niet zo goed met elkaar konden vinden. Is dat sentiment veranderd?quote:
Erdogan gaat in februari voor het eerst in jaren naar Saudi Arabië.
Jarenlang waren de relaties heel slecht. Misschien gaat SA hulp vragen in Yemen.
https://www.msn.com/de-de(...)cid=msedgdhp&pc=U531
Hoeveel jonko's moeten we smoken, voordat we vrij zijn, van dit regime?
De relatie was heel slecht.quote:Op dinsdag 4 januari 2022 07:17 schreef NgInE het volgende:
[..]
Ik dacht juist dat Turkije en SA het niet zo goed met elkaar konden vinden. Is dat sentiment veranderd?
Door Kashoggi werd het dieptepunt bereikt. Saudi Arabië boycott nu Turkse producten. Daar gaat nu mogelijk verandering in komen.
Yemen, dat straatarme land, waar SA jarenlang oorlogje mee heeft gespeeld, met een grote humanitaire crisis als gevolg?quote:
Erdogan gaat in februari voor het eerst in jaren naar Saudi Arabië.
Jarenlang waren de relaties heel slecht. Misschien gaat SA hulp vragen in Yemen.
https://www.msn.com/de-de(...)cid=msedgdhp&pc=U531
Perhaps you've seen it, maybe in a dream.
A murky, forgotten land.
A murky, forgotten land.
Een van de rijkste landen ter wereld die oorlog voert tegen een van de armste, en niet in staat is te winnen. Doet me denken aan Vietnamquote:
[..]
Yemen, dat straatarme land, waar SA jarenlang oorlogje mee heeft gespeeld, met een grote humanitaire crisis als gevolg?
En wat heeft de normale Turk daarvan? Hoge inflatie, spaargeld wat verdampt,quote:
Turkey’s exports leap to record of nearly $225.4B in 2021
[ afbeelding ]
Containers are seen at the Port of Izmir in western Turkey, Dec. 24, 2021. (AA Photo)
Turkey’s exports jumped to an all-time high of nearly $225.4 billion (TL 3.03 trillion) in 2021, President Recep Tayyip Erdoğan announced on Monday, far exceeding the medium-term program goal.
Foreign sales surged by 32.9% year-over-year in 2021, Erdoğan told a group of exporters in Istanbul, prompting an upward revision in the export target for 2022.
“We are revising our 2022 (export) target as $250 billion,” the president said, reiterating the eventual goal of turning Turkey into a country registering a current account surplus.
“Thanks to the strong performance in our exports, we had already exceeded the target of the medium-term program for 2021. In this program, we had determined nearly $231 billion in exports for the year ahead. I believe that we will exceed this figure as well. For that reason, we are revising our 2022 targets to $250 billion,” Erdoğan noted.
The surge in foreign sales helped narrow the trade deficit by 7.8% year-over-year to $45.9 billion, he added. The exports-to-imports coverage ratio climbed 5.8 points to 83.1% in 2021.
The president went on to stress the fact that exports grew more than sixfold compared to only $36 billion some 19 years ago.
After being hit in spring last year as the pandemic hurt trade with Ankara’s biggest partners, Turkey’s exports saw all-time highs in 11 out of the last 12 months.
By October, the country’s share in global exports had surpassed 1%, another first for the country that marked a more than sixfold rise over the past two decades.
Imports were up 23.6% year-over-year to around $271.4 billion in 2021, while the overall foreign trade volume leaped to $496.7 billion, according to Erdoğan.
The number of firms carrying out exports hit 101,386 as of end-2021, said the president, compared to just 33,523 back in 2002. Last year alone, over 32,000 new firms joined the list.
Records in sales to Germany, U.S., U.K.
Exports to the European Union, where almost half of Turkey's exports go, surged 33% year-over-year to $93.1 billion, enabling Turkey to post a surplus of around $7.7 billion in trade with the bloc.
Germany remained the top market, having received $19.3 billion worth of Turkish products throughout the year, followed by the United States with $14.7 billion and the United Kingdom with $13.7 billion. Sales to all the three markets marked the highest annual figures ever.
The automotive industry again championed the list of highest exports in 2021 among industries with $29.34 billion. It was followed by chemicals with $25.35 billion and steel with $22.35 billion.
“We are pleased to see that the increase in our exports has spread evenly throughout the world, rather than focusing only on certain regions,” said Erdoğan.
He cited respectively an 86.6% year-over-year increase in sales to South America, a 29% rise in exports to non-EU European countries, a 22.6% rise in sales to Near and Middle Eastern countries and a 44.8% increase in exports to the North African region.
Exports to the U.S. yielded the highest increase on a value basis in 2021, Erdoğan noted, a sign that trade remained unaffected by multiple disagreements on several issues that have been triggering tensions between Ankara and Washington in recent years.
Sales to the U.S. were up 44.6% year-over-year, or $4.54 billion, the data showed.
Among other noteworthy rises, exports to the United Arab Emirates (UAE) rose 94.3% from a year ago to $5.5 billion, as the two countries utilized diplomacy to repair strained ties.
The UAE’s de facto ruler, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan (MBZ), paid an official visit to Ankara in November. The trip yielded accords for billions of dollars of investments that Erdoğan said would herald a “new era” in ties.
Exports to the U.K. surged 22% in the first year after Ankara and London signed a post-Brexit free trade agreement (FTA) in December 2020 to support a trade partnership worth over $25 billion.
The deal became effective as of Jan. 1, when Britain formally left the EU. It was Turkey’s most important trade deal since its 1995 Customs Union with the EU.
London and Ankara are expected to start negotiations on a more comprehensive trade pact this year to add new areas for stronger commercial cooperation.
‘Milestone’
Trade Minister Mehmet Muş dubbed the 2021 success a “milestone,” saying it also marked a year that saw exports becoming a “locomotive” of the Turkish economy.
In addition to strengthening its presence in traditional markets, Muş said Turkey also went on to boost sales in distant regions.
“We made exports to 229 countries and regions, increased our exports to 184 countries, set a record in exports to 123 countries,” said Ismail Gülle, the head of Turkish Exporters Assembly (TIM).
Citing World Trade Organization (WTO) data, Erdoğan said the volume of global trade in goods contracted by 5.3% in 2020.
“While all these were happening in the world, Turkey was one of the two countries that closed the year 2020 with growth,” he said.
Turkey’s industrial production index reached a record level of 143.6 with an 8.5% annual rise in October, Erdoğan said and added, “The manufacturing industry capacity utilization rate, on the other hand, exceeded the pre-pandemic level and reached 78.7% as of December.”
This acceleration also contributed to employment, he said.
“As of October 2021, the Turkish economy created 2 million additional jobs compared to the pre-pandemic level,” he elaborated.
While the member countries of the Organisation for Economic Co-operation and Development (OECD) are expected to recover only in the third quarter of 2023 in terms of employment, the Turkish economy has managed to quickly reach pre-pandemic levels with its dynamic structure, Erdoğan stated.
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