BAGHDAD / Aswat al-Iraq: Turkey broke an all-time exports record last year with $151.86 billion, according to the unofficial figures gathered by the Turkish Exporters’ Assembly (TiM), noting that Iraq was its second market after Germany.
This surpassed the official government target of $149 billion, as TİM President Mehmet Büyükekşi said local exporters aimed for $160 billion of exports this year, the Hurriyet newspaper reported.
On an annual basis defense sales posted a large increase of 43 percent to more than $1.25 billion, as December 2012 exports slightly fell to $11.9 billion from the same month a year earlier, the figures showed.
Germany topped Turkey’s export markets once again as Iraq and the UK followed.
Exports to Libya increased by 188 percent mainly due to the recovering process in the so-called Arab Spring nation.