Export Sectors Reports:A brief report about machine tools production and trade in Turkey has been recently updated by Ministry of Turkey.
A brief report about machine tools production and trade in Turkey has been recently updated by Ministry of Turkey. The report states that, according to worldwide statistics for the year 2013, Turkey is the 13th largest manufacturer among 28 machine tool manufacturing countries, with a production value of US$ 709.2 million. 32% of the total is from metal cutting type machining centers and the remaining 68% from metal forming type machine tools. For the year 2012, Turkey was the 16th largest manufacturer among 28 machine tool manufacturing countries, with a production value of US$ 644.2 million. The Turkish machine tools industry partially meets domestic demand and about 66.5% of the production was exported in 2013. Turkey’s machine tools exports were US $458.1 million in 2013. The Turkish machine tools industry exports high-tech machining centers as well as metal-forming type machine tools. Machine tools that are exported are mainly metal-forming types.
For the full report, please click here.
Post by: Ministry of Economy, Directorate General of Exports