Big Portion In Exports Belongs To Automotive

12The automotive sector got the biggest share with 21.8 percent in the sectorial distribution of the top 1000 exporter firms in 2014

The automotive industry has the biggest share with 21.8 percent in the top 1000 exporter firms’ sectorial distribution, according to the statement of Mehmet Buyukeksi, Chairman of Turkish Exporters’ Assembly (TIM). TIM Chairman Buyukeksi said that in 2013 being $151,8 billion, the Turkey’s exports increased 3.8 percent to $157,8 billion in 2014. The declining trend of the top 1000 exporters in export share continued in 2014, this condition showed that exports maintain the spreading process towards bottom in line with the vision set for 2023, Buyukeksi said they had felt delight from that condition

Automotive sector gets the biggest share

The top 500 firms performed 49.4 percent of Turkey’s total exports, as for the second top 500 firms had 9.4 percent in the overall exports, the rest nearly 60 thousand firms accomplished 41.2 percent of Turkey exports, Buyukeksi said. He continued, “The automotive sector got the biggest share with 21.8 percent in the sectorial distribution of the top 1000 firms. The chemical matters ranked second with 11.8 percent, readymade garment and clothing sector was third with 11.6 percent. The steel sector had 11.4 percent in the sectorial distribution, the readymade garment and clothing with 171 firms, the chemical sector with 98 firms, and the steel sector with 88 firms drew attention taking place mostly in the top 1000 firms.”

Istanbul leads the way in province-base, 443 firms shipped the exports via Istanbul with $40,8 billion accounting for 44 percent of the total exports. This province was followed by Kocaeli with $10,7 billion, Bursa with $7,2 billion, Izmir with $5,4 billion and Ankara with $4,5 billion in Turkey’s overall exports.

Buyukeksi pointed out that weight of various provinces getting increase in the exports was a healthily development. The number of 717 firms in the top 1000 had 100 percent domestic capital, 94 firms had 100 percent foreign capital, 73 firms with private-foreign capital, 4 firms had 100 percent public capital, Buyukeksi said.

While the top 500 firms’ employment on average was 790 units, the second top 500 firms had 410 employees on average. As exports increase the firms had begun to employ new persons. As long as exports continue to raise the new employment areas would increase in both groups, Buyukeksi added.