Turkish chemical sector aims for $ 20 billion in exports
AdilPelister, Chairman of the Board of the Istanbul Chemicals and Chemical Products Exporters Association (IKMIB), who attended the “August 2019 Export Figures Press Briefing” meeting held in Sivas in the 100th anniversary of the Sivas Congress, declared that August exports of the chemical sector reached 1.63 billion USD.
The chemical sector, which is one of the five priority sectors in the Trade Master Plan announced by Ruhsar Pekcan, Minister of Trade, has a strategic importance for Turkey. "Our chemical sector makes an important contribution to Turkey's growth as the second sector that exports the most," said IKMIB Chairman Adil Pelister. He noted that they continue to work non-stop in order to increase the exports of the chemical sector by 15 percent to 20 billion USD.
The Netherlands is the most exported country in August
The Netherlands was the most exported country in August. Respectively Italy, Iraq, Egypt, Saudi Arabia, Germany, USA, Spain, United Kingdom and Iran were the top ten countries following the Netherlands in August.
Chemical exports to the Netherlands in August 2019 reached 166 million 149 thousand dollars. “Mineral fuels, mineral oils and products” ranked first among the products exported to the Netherlands in August.
“Mineral fuels, mineral oils and products” is the top sub-sector in exports
Mineral fuels, mineral oils and products took the first place among the sub-sectors in chemical exports of August with 523 million 263 thousand 533 dollars. There was an increase of 75.25 percent in August 2019, compared to the same period of the previous year.
The “mineral fuels, mineral oils and products” product group got ahead of the “plastics and products” product group with August export figures and ranked first among the subsectors.