September foreign trade data evaluation by Cevdet Yılmaz

Yılmaz shared the September foreign trade data on his NSosyal account.

Pointing out that we are going through a period where global trade is tested by geopolitical tensions, protectionist tendencies and uncertainties in supply chains, Yılmaz emphasized that exports continue to increase the economy's resilience against external shocks in such a period.

Yılmaz stated that the strong export performance contributes to the preservation of the gains in the external balance, while also supporting the progress of growth in a more balanced and sustainable composition, and said, "In September, our exports increased by 15.4 percent compared to the same month of the previous year, reaching 26 billion dollars, while our annualized exports rose to the highest level in the history of the Republic with 283.7 billion dollars. We estimate that our annualized exports of goods and services continue to increase and exceed 409 billion dollars." He made a statement.

"We will further strengthen Türkiye's position"

Pointing out that achieving this performance in a period when global demand was weak and the growth outlook of major trading partners was under pressure, Yılmaz once again demonstrated the strength of the production infrastructure and the importance of diversification in export markets, and said, "While strengthening our position in existing markets in the coming period, we will further strengthen Türkiye's position in regional and global trade networks by improving our logistics infrastructure and strategic trade connections." made his assessment.

Yılmaz also stated that while increasing the share of high and medium-high technology products in exports, they will accelerate the green and digital transformation of companies and support them to take part in stages that produce higher added value in global value chains, and said, "We aim to reach a more competitive and high value-added export structure by strengthening our production capacity with our technology, innovation and human capital. While increasing the contribution of exports to growth and employment, we will ensure that the economic value it creates is more strongly reflected in the welfare of our citizens." he said.