Turkish exports to Gulf surge 41% as conflict disrupts Chinese supply chains
Turkish exports to the Gulf region jumped 41% year on year to $2.6 billion in June, as easing conflict boosted demand and buyers turned to Turkey to replace goods previously sourced from disrupted Chinese supply chains.
Shipments to GCC member states alone topped $826 million, up 35%, according to data from the Türkiye Exporters Assembly (TIM). Saudi Arabia was the largest GCC buyer, importing $425 million of Turkish goods — a 117% year-on-year increase — followed by the UAE at $295 million and Kuwait at $34.7 million, marginally ahead of Qatar.
"We anticipate that, should lasting peace be secured, a much more positive picture will emerge in the second half of the year," said Mustafa Gültepe, TIM president, adding that the current growth rate could be maintained or increased in coming months.
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Muhammad Ali Bandial