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Anasayfa / Actuel / Exports of chemical industry for November amounted 1 billion 509 million dollars

Exports of chemical industry for November amounted 1 billion 509 million dollars

According to data of the Istanbul Chemicals and Chemical Products Exporters’ Association (İKMİB) exports of the chemical industry was 1 billion 509 million dollars in November. Eleven-month chemical exports of the sector reached 15 billion 935 million dollars. While Egypt, with an export figure of 93 million 686 thousand dollars, was at the top of the ranking list of the countries with the highest figures of exports in November, Iraq was second with 91 million 724 thousand dollars and Germany was third with 80 million 477 thousand dollars.

The November exports of the chemical industry amounted 1 billion 509 million dollars with an increase by 8,33 percent compared to November of 2017 year. Egypt, Iraq, Germany, USA, Netherlands, Spain, Italy, UK, Iran and Greece were among the top ten countries in the ranking of the countries in which chemical exports were carried out in November. In 2018, eleven-month exports of chemical industry, which is one of the leading sectors in Turkey, reached 15 billion 935 million dollars with an increase by 8,11 percent compared to same period of 2017. In this period, countries with the highest figures of exports were Germany, Egypt, Iraq, Spain, USA, Italy, UK, Greece, Netherlands and Iran.

“We are aiming to close this year with export figures over $ 17 billion” Adil Pelister, Chairman of the Board of Directors of Istanbul Chemicals and Chemical Products Exporters’ Association (IKMIB) said that the chemical industry showed a successful increase rate and approached 2018 target. Adil Pelister stated that an export was carried out in the amount of 1 billion 509 million dollars in November with an increase by 8,33 percent compared to November of 2017, and added: “Exports of our industry increased by 8 percent in the eleven months compared to the
same period of the previous year. We know that Turkey will overcome the economic struggle by working all together and we continue to progress successfully on our target in the light of this mission. We are working to increase our exports. As İKMİB, we support our companies in every field that will increase their exports. We aim to close this year with an export over 17 billion dollars with the great efforts of our companies in the chemical industry.”

The country which we exported at most in November was Egypt                                                                      Egypt was the country which we exported at most in November. Chemical export to Egypt in November of 2018 was 93 million 686 thousand dollars. The products that we exported to Egypt in November were “mineral fuel, mineral oil and products”, “sundry chemicals”, “proprietary washing products”, “inorganic chemicals”, “adhesives, glues, enzymes” and “paint, varnish composite and proprietaries”. The export of chemicals to Egypt in eleven-month period of this year amounted 867 million 150 thousand dollars. Following Egypt, the other countries in the top ten ranking list of November exports were Iraq, Germany, USA, Netherlands, Spain, Italy, UK, Iran and Greece.

“Plastics and finished goods” were the most exported products in the sub-sector of chemicals
Plastics and their finished goods continue to be the driving force of the chemicals export in the sub-sectors. Plastics and their finished goods, with the highest export carried out in November, ranked number one with an export in the amount of 525 million 757 thousand 210 dollars. Mineral fuel, mineral oil and products were in the second place with 246 million 905 thousand 017 dollars, export of inorganic chemicals was in the third place with 154 million 740 thousand 903 dollars. Following the inorganic chemicals, other products in the top ten were; “rubber and rubber goods”, “volatile oils, cosmetics and soap”, “pharmacy products”, “paint, varnish composite and proprietaries”, “sundry chemicals”, “manure” and “proprietary washing products”.