Türkiye experienced a significant surge in its exports to Gulf countries during May. There was a growth rate of 29% compared to the same period in the previous year;
Türkiye’s overall exports in May showed an increase of 14.4% compared with the corresponding period in 2022, data from the Turkish Exporters Assembly (TIM) showed.
Last month, exports amounted to $817.9 million to Iraq, $360 million to the United Arab Emirates (UAE), $166.5 million to Saudi Arabia, $206.9 million to Iran, $55.3 million to Qatar, $46 million to Kuwait, $24.6 million to Oman and $13.6 million to Bahrain.