Eleven Monthly Exports of the Chemical Industry Reached 14 Billion 734 Million Dollars. According to the data of Istanbul Chemicals and Products Exporters' Association (IKMIB); In November, chemical exports increased by 2016 percent compared to November 20,64 and amounted to 1 billion 399 million dollars. The exports of the sector in the eleven-month period increased by 16,04 percent to 14 billion 734 million dollars. Egypt took the first place in the list of the countries with the highest exports in November.
The chemical industry, which is Turkey's third largest exporting sector, continued its rise in exports since the beginning of the year in November. The exports of the chemical industry in November increased by 2016 percent compared to November 20,64 and amounted to 1 billion 399 million dollars.
Most exports were made to Egypt in November
Egypt was the country to which the most exports were made in November. While chemical exports to Egypt were 2016 million 59 thousand dollars in November 960, this year it was 62 million 97 thousand dollars with an increase of 397 percent in the same period. Other countries that are in the top ten after Egypt in the exports of the sector are; Germany, Iraq, the Netherlands, Italy, the USA, the UK, Iran, China and Saudi Arabia.
Exports of plastics and its products continues to maintain its first place
Sub-sectors plastics and products exports continue to be the driving force of chemical exports. Plastics and its products, which were the most exported in November, continue to maintain their first place with 488 million 702 thousand 282 dollars of exports. Mineral fuels, oils and products took the second place with exports of 237 million 286 thousand 120 dollars, while rubber and rubber goods exports took the third place with 121 million 739 thousand 806 dollars. Other sectors in the top ten following rubber goods are; 'inorganic chemicals', 'pharmaceutical products', 'essential oils, cosmetics', 'soap and washing preparations', 'paint, varnish, ink and preparations', 'organic chemicals' and 'various chemicals'.
Looking at the eleven-month export performance of the industry, it was seen that the exports of the chemical industry reached 16,04 billion 14 million dollars with an increase of 734 percent in the January-November period. The most exported countries in this period; United Arab Emirates, Germany, Iraq, USA, Egypt, Italy, Iran, Spain, England and Greece.
Evaluating the November performance of the chemical industry Murat Akyüz, Chairman of the Board of Istanbul Chemicals and Products Exporters' Association (İKMİB)“Egypt was the country to which we exported the most chemicals in November. Our chemical exports to Egypt in November amounted to 97 million 397 thousand dollars. The first three product groups we supply to Egypt include 'adhesives, glues, enzymes', 'essential oils, cosmetics' and 'soap and washing preparations'. Following Egypt, Germany, Iraq, Netherlands, Italy, USA, UK, Iran, China and Saudi Arabia are in the top ten. Despite the political developments, we see a remarkable increase in Egypt, Germany and the USA.
Our general chemical exports in November amounted to 1 billion 399 million dollars. We have reached 14 billion 734 million dollars of exports in eleven months, and we hope to reach 16 billion dollars of exports by the end of the year. We are pleased with the continuation of the increase in exports in the chemical industry, which is one of the top three exporting industries in Turkey. As İKMİB, we organize many procurement committees and trade delegation organizations, and we participate in the most important fairs abroad. We will continue our efforts to grow the sector and reach new markets.”
2017 ychemical sector exports in warm November
|2016 – 2017|
|NOVEMBER 2015||% DIFFERENCE||NOVEMBER 2016||NOVEMBER 2017|
|PRODUCT GROUP||VALUE ($)||VALUE||VALUE ($)||VALUE ($)|
|PLASTICS AND ITS PRODUCTS||430.717.836,66||20,10||406.916.298,47||488.702.282,26|
|MINERAL FUELS, MINERAL OILS AND PRODUCTS||309.492.144,33||17,62||201.747.963,38||237.286.120,33|
|SOAP AND WASHING PREPARATIONS||71.604.499,62||8,64||64.119.270,86||69.656.439,31|
|PAINT, VARNISH, INK AND PREPARATIONS||55.286.330,79||14,33||57.809.585,19||66.094.843,41|
|ADHESIVES, ADHESIVES, ENZYMES||16.558.176,02||-7,86||18.313.254,01||16.874.674,18|
|PHOTOGRAPHY AND CINEMA PRODUCTS||1.152.818,01||50,36||882.447,55||1.326.833,41|
|Gunpowder, EXPLOSIVES AND DERIVATIVES||579.874,89||52,47||583.501,77||889.662,95|
|GLYCERINE, HERBAL PRODUCTS, DEGRA, OILY MATERIALS||16.445,76||445,10||8.731,84||47.597,12|
|PROCESSED ASSORT AND ITS BLENDING, PRODUCTS||9.802,77||91,82||20.689,23||39.685,79|
Countries with the highest chemical exports in November 2017
|S. NO||Country||NOVEMBER 2016 VALUE ($)||NOVEMBER 2017 VALUE ($)||EXCHANGE VALUE (%)|
|8||IRAN (ISLAMIC REP.)||52.074.957,61||40.432.018,96||% -22|
|9||PEOPLE'S REPUBLIC OF CHINA||29.353.431,35||38.453.711,08||%31|
2017 chemical export on a monthly basisı
|AY||2016 VALUE ($)||2017 VALUE ($)||DIFFERENCE (%)|