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Türkiye's share in world exports rose from 1.02 percent in 2022 to 1.08 percent by 2023.
In 2023, a double record was broken in the share of global exports of goods and services, while Türkiye's share increased despite the challenging conditions in the global economy. Turkey's exports of services amounted to USD 100.8 billion, and its share of global exports reached a record high of 1.3 percent.
Based on data from the World Trade Organization (WTO) and studies conducted by the Ministry of Trade, it is clear that Turkey's export rates have diverged. According to data released by the WTO, while global goods exports declined by 5 percent to $23.8 trillion in 2023, Turkey's exports increased by 1 percent to $256 billion, despite weak global demand and the earthquake disasters. Thus, Türkiye's share of global exports increased by 0.06 percentage points from 1.02 percent in 2022 to 1.08 percent in 2023, reaching its highest level in history.
Accordingly, the regional differentiation in global goods exports is also quite striking. While import demand fell sharply in Europe, it decreased in North America and remained flat in Asia. Exports of goods also increased in energy-exporting economies. Thus, the volume of trade in goods, which increased by 3 percent in 2022, declined by 1.2 percent in 2023. According to the WTO, global trade volume is expected to grow by 2.6 percent in 2024 and 3.3 percent in 2025. However, the WTO underlines that regional conflicts, geopolitical tensions, and political uncertainties pose downside risks to the forecasts.
In this context, the Ministry of Trade emphasized that it is doing all the necessary work to increase Türkiye's share in global production and trade through policies and strategies focusing on innovation and competitiveness-oriented output and exports. Stating that trends in international trade are being evaluated in the best way further to strengthen Turkey's position in the global supply chain, the Ministry said that they continue to explore new trade routes with high added value.
