Speaking at a Foreign Economic Relations Board (DEIK) event in Istanbul, he said the economy has grown at an average annual rate of 5.3 per cent since the Justice and Development Party (AKP) came to power, ranking among the fastest-growing globally over the past decade.
Bolat highlighted that merchandise exports rose from $36 billion in 2002 to $262 billion last year. In the first seven months of 2025, exports reached $156.4 billion, up 5.2 per cent YoY, adding $7.6 billion in value to the economy, according to media reports from Turkiye.
“Our country has been among the fastest-growing economies in the world over the past 10 years,” said Bolat.
The sectoral exports included $37.5 billion in automotive, $35 billion in chemicals and energy, $32 billion in textiles and clothing, and $32.5 billion in agricultural products.
Turkiye’s share in global exports has climbed to 1.07 per cent, with July marking the first time monthly exports exceeded $25 billion.
The minister also noted that the country recorded $2 billion in daily exports on March 28, and a 12-month rolling total of $269.4 billion, the highest in the republic’s history.
ALCHEMPro News Desk (SG)
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