Turkish State Minister Kursad Tuzmen has said that Turkey surpassed its year-end target of 125 billion USD in exports as of Dec. 22, 2008.
Speaking at a meeting of the Turkish Economic Journalists' Association, Tuzmen said, "The global crisis caused an inestimable shrinkage in world markets. Accordingly, exports have dropped in recent months; however, we have succeeded in surpassing our targets in exports for 2008. Our target was $125 billion. As of December 22, our exports reached $125.7 billion."
"Exports by the automotive sector reached $24.5 billion, exports in the iron-steel sector reached $19.1 billion and exports from the textile sector reached $15.4 billion. From January 1 to December 22, exports from Turkey increased by 21.4 percent," he said.
"This shrinkage in the markets is not a problem of only Turkey, but for all countries. Exports by the People's Republic of China, Germany, India and Japan fell considerably. If the global crisis continues, we will have a tough year in 2009. Analysts expect a 2.1 percent narrowing in world markets in 2009. We are taking some measures to lessen the impacts of the crisis. We rely on our commercial relations with African, Middle Eastern, Central Asian and Asian countries since
those countries were less affected by the crisis," Tuzmen added.