Türkiye’s critical technology exports top $86 billion in first nine months – Latest News
Türkiye’s critical technology exports top $86 billion in first nine months
ISTANBUL
Türkiye’s exports of “critical technology” products, comprising medium-high and high-technology goods, reached $86.4 billion in the January-September period.
Türkiye has increased exports across a range of technology-intensive industries, including aerospace products, weapons and ammunition, motor vehicles, medical products, computers and electrical equipment, according to data from the Turkish Statistical Institute (TÜİK).
Exports of medium-high and high-technology products rose from $53.1 billion in 2013 to $60.1 billion in 2017. The figure increased to $77.4 billion in 2021, $88.7 billion in 2022, $97.3 billion in 2023, $101.1 billion in 2024 and $111.9 billion last year.
During the first nine months of this year, exports in the category grew 7 percent year-on-year to $86.4 billion.
High-technology exports totaled $7.4 billion in the January-September period, up 6.3 percent from $6.9 billion a year earlier. The largest contribution came from the manufacture of computers and electronic and optical products, which generated $3 billion in exports. This was followed by aerospace manufacturing at $2.5 billion and pharmaceutical, medical, chemical and botanical products at $1.9 billion.
Exports of medium-high technology products increased 7.1 percent year-on-year to $79 billion during the same period. Motor vehicle manufacturing led the category with $29.2 billion in exports. Chemical products followed at $15.7 billion, electrical equipment at $15.1 billion and machinery and equipment not elsewhere classified at $14.1 billion.
Other contributors included weapons and ammunition manufacturing with $3.4 billion in exports, medical and dental instruments at $818 million and other transport equipment, excluding ship<a href="https://myappsplus.com/everyone-should-be-building-with-ai-and-everyone-should-know-its-cost/” title=”Everyone should be building with AI, and everyone should know its cost”>building and aerospace-related machinery, at $664 million.
Iran warns of longer war after Trump threatens strikes
Iran warned on Nov. 1 that renewed war with the United States could last longer than the previous round of fighting, after U.S. President Donald Trump threatened further strikes.
Ryanair quarterly profit falls on Mideast war impact
Irish no-frills airline Ryanair said on Nov. 2 that their net profit dropped six percent in its second quarter as the Middle East war drove up fuel costs and impacted ticket prices.
Osimhen’s brace pips Fenerbahçe as Galatasaray wins 2-1
Victor Osimhen scored twice as Galatasaray beat archrivals Fenerbahçe 2-1 in a heated Istanbul derby on Oct. 26 to move to the top of Türkiye’s Süper Lig, with two players sent off after the final whistle.
