Business

Turkiye’s medium-high and high-tech product exports approached $100 billion in 2023

Turkiye’s exports of medium-high and high-tech products in the manufacturing industry reached $97.2 billion in 2023.

According to the compilation made by the AA correspondent from the Turkish Statistical Institute (TUIK) data, the share of medium-high and high-tech products in the manufacturing industry came to the fore in exports, which broke the record in the history of the Republic with $255.8 billion last year.

While $5 billion 999 million of high-tech product exports were realized in the manufacturing industry in 2019, this amount increased to $5 billion 478 million in 2020, $6 billion 450 million in 2021, and $7 billion 419 million in 2022. Turkiye exported $9 billion 130 million of high-tech products in 2023.

Exports of medium-high technology products, which were $62 billion 289 million in 2019, decreased to $57 billion 360 million in 2020. Exports of medium-high technology products, which saw a significant increase the following year, increased to $71 billion 9 million in 2021. Exports of these products, which were $81 billion 251 million in 2022, increased to $88 billion 91 million last year.

Thus, while $68 billion 288 million of medium-high and high-tech products were exported in 2019, this amount decreased to $62 billion 838 million in 2020. These products exported $77 billion 459 million in 2021, $88 billion 670 million in 2022, and $97 billion 221 million last year.

On the other hand, exports of medium-low technology products, which were $46 billion 854 million in 2019, decreased to $43 billion 444 million in 2020. Exports of these products, which increased to $66 billion 89 million in 2021, were calculated as $74 billion 56 million in 2022 and $69 billion 357 million last year.

Exports of low-tech products were recorded as $56 billion 76 million in 2019, $53 billion 671 million in 2020, $69 billion 261 million in 2021, $77 billion 652 million in 2022. Last year, low-tech products worth $74 billion 446 million were exported.

While the share of medium-high and high-technology products in the total manufacturing industry products was 39.9% in 2019, it was 39.3% in 2020 and 36.4% in 2021. While the share of these products increased to 36.9% in 2022, it increased by 3.4 points to 40.3% last year.

“Ankara stands out in high-tech product production”

Ankara Chamber of Industry (ASO) President Seyit Ardic, in his evaluation to the AA correspondent, said that despite the recent increase in Turkiye, it remains below the world average in terms of the share of high-tech products in manufacturing industry exports. Ardic said, “More than half of our exports of high-tech products consist of defense and aerospace products, in which we have made great progress in recent years.”

Ardic pointed out that Ankara has an advantageous position compared to other provinces in high-technology exports and said: “Ankara stands out with its strong sectors in the production of high-tech products such as machinery, medical, transportation, electrical and electronics, especially the defense industry. Our capital has a great potential in high-tech manufacturing and the added value of production has been increasing rapidly in recent years. In addition, the expansion of the use of high technology to include our traditional sectors, increasing our product diversity and customer differentiation in foreign markets will take our exports to the next level. As ASO, our goal is to bring our industrialists from the capital to the point where they can produce technology and innovations at an international level.”

Source: AA / Prepared by Irem Yildiz

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