Evaluating the export figures announced by the Ministry of Trade, Eskişehir Chamber of Industry (ESO) President Celalettin Kesikbaş said that companies operating in Eskişehir exported 366 million dollars in July, achieving a 26.4 percent increase compared to the previous month.
Kesikbaş stated that Eskişehir reached 2.56 billion dollars in exports in the January-July period, an increase of 7.9 percent compared to the previous year, and said, “Our exports were at 2.38 billion dollars in the same period last year. The momentum we have gained continues. The countries we export the most to are the USA, France and Germany.”
“Export records continue”
Making evaluations regarding the announced export figures, President Kesikbaş said, “We are happy that our country is moving forward with sure steps towards the 267 billion dollars of exports by the end of the year, which was targeted in the Medium Term Plan. According to official figures, we estimate that Eskişehir’s exports will exceed 4.6 billion dollars by the end of the year. This is an important success. Our industrialists and employees have made a very serious contribution to this success. In fact, a very important part of our exports consists of industrial products. The fact that the production sector is the most effective leverage in growth creates an important advantage for our country.”
“We need to increase the kilogram export value”
Analyzing the figures announced regarding exports, ESO President Celalettin Kesikbaş continued his words as follows:
“In our country, in the January-July period of 2024, our exports increased by 4.1 percent compared to the same period of the previous year, reaching 148.8 billion dollars, while our imports decreased by 8.4 percent, reaching 198.6 billion dollars. The export-import coverage ratio increased by 14.5 points to 75.7 percent. When energy data is excluded, the export-import coverage ratio increases to 86.7 percent. The increase in this ratio has serious repercussions on our economy. Healthy foreign exchange reserves, the decrease in imports, and the fact that domestically produced industries produce more for both the domestic and foreign markets, which brings employment, are among the important contributions. Another point to note is the kilogram export value. We see that this figure is around 1.42 dollars for our country. This is an extremely low level when compared to EU and OECD countries. Although more than 15 percent of our exports in Eskişehir consist of medium-high and high-tech products, especially based on our own brands and patents, We need to increase our unit value by increasing our exports. However, balancing the input costs and the exchange rate is an important issue for exporters. Our production costs have at least doubled on an annual basis. This imbalance between input costs and the exchange rate is seriously tiring the industrialist and the exporter.” – ESKİŞEHİR
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2024-08-13 08:37:24