ANKARA- Anadolu Agency
Istanbul-based companies achieved $6.1 billion worth of exports last month, taking a 38.2% share in Turkey’s exports, according to information compiled from the data by the Turkish Exporters’ Assembly (TIM).
In February, the sector that exports the most products from Istanbul was ready-to-wear and apparel with $1.3 billion of exports, taking a lion share with 16.9%.
This was followed by the chemical and steel sector with exports worth $898 million and $645.3 million, respectively.
Meanwhile, the highest rise in exports was in the defense and aviation industry sector, posting a 131.3% increase.
The sector with the highest decrease in exports was the ships and yachts sector, with an 89% decrease.
The biggest market of the companies was Germany, with $598.64 million in export earnings.
The highest increase in exports from Istanbul on an amount basis was the US with $65.8 million.