Istanbul — The Istanbul Chamber of Industry (ISO) Türkiye Export Markets Climate Index declined to 50.3 in March, down from 52.1 in February, signaling a loss of momentum in external demand conditions for Turkish manufacturers.
The index, which measures business conditions in Türkiye’s key export markets, remained just above the 50 threshold, indicating that while export demand continued to expand, the pace of improvement slowed significantly. Readings above 50 signal growth, while those below indicate contraction.
According to the data, weakening economic activity in several major export destinations contributed to the decline. While some markets continued to show growth, others—particularly in Europe—experienced slower output or contraction, weighing on the overall index.
The drop follows a period of نسبياً stable performance earlier in the year, when the index held steady at 52.1 in both January and February, reflecting moderate improvement in export demand.
Analysts point to global economic uncertainties, geopolitical tensions, and uneven demand across regions as key factors behind the slowdown. These challenges have begun to affect order volumes and business activity in Türkiye’s export markets.
Market Outlook
Despite the decline, the index remaining above 50 suggests that export conditions are still improving overall, albeit at a much slower pace. Economists note that future trends will depend on global economic stability and recovery in key trading partners.
Source: PAtronlar Dünyası/ Prepared by: İlayda Gök