May 29, 2023

The Turkish Ministry of Trade reported that exports declined due to the impact of the earthquakes that hit Kahramanmaraş last February, amounting to 18.6 billion dollars, a decrease of 6.4 percent compared to the same month of the previous year.

In a statement by the Ministry of Commerce regarding the export figures for the month of February, the ministry expressed its condolences to the citizens who passed away as a result of the earthquake disaster that struck 11 Turkish provinces.

It was indicated in the statement that the disaster had a profound impact not only on citizens living in 11 provinces, but also on all parts of Turkey.

“The ministry stands shoulder to shoulder with other relevant institutions, and continues to work to restore trade in the region to normal,” the statement said.

The statement confirmed that great successes were achieved in exports in 2022, and there was news that an important stage had been reached in the export of services as well as the export of goods.

In the statement, it was stated that exports of goods increased last year by 12.9 percent to reach $254.2 billion, and exports of services increased by 46.5 percent to reach $90 billion in 2022. While the earthquake disaster affected 11 provinces, which constitute 8.6 percent of total exports. The country has a negative impact on exports. It decreased by 6.4 percent compared to the same month of the previous year. It amounted to $18.6 billion.

According to the data of the customs gates, especially in Adiyaman, Hatay, Kahramanmaraş and Malatya, there was a significant drop in exports after the earthquake, amounting to 1.5 billion dollars in February.

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