Turkish medium-high, high-tech exports reach $97.2B in 2023

ANKARA

Türkiye’s exports of medium-high and high-tech manufacturing industry products last year reached $97.2 billion.

Manufacturing industry exports last year hit $255.8 billion, a record level in the history of the republic, and the share of medium-high and high-tech products stood out, according to data compiled by Anadolu from the country’s statistical office TurkStat.

The manufacturing industry exported $5.9 billion of high-tech products in 2019, $5.4 billion in 2020, $6.4 billion in 2021, $7.4 billion in 2022, and $9.1 billion in 2023.

Exports of medium-high technology products were $62.2 billion in 2019, though the figure declined to $57.3 billion in 2020 during the pandemic, then went up again to $71.9 billion in 2021, $81.2 billion in 2022, and $88.9 billion in 2023.

The total of medium-high and high-tech products reached $68.2 billion in 2019, $68.2 billion in 2020, $77.4 billion in 2021, $88.6 billion in 2022, and $97.2 billion in 2023.

The share of medium-high and high-tech products in total manufacturing industry products was calculated at 39.9% in 2019, 39.3% in 2020, 36.4% in 2021, 36.9% in 2022, and 40.3% in 2023, up 3.4 points.

Ankara stands out in high-tech product manufacturing

The share of high-tech products in manufacturing exports remained below the world average despite the recent increase in Türkiye, Seyit Ardic, chairman of the Ankara Chamber of Industry, told Anadolu.

Ardic said, “Defense and aerospace products make more than half of the high-tech exports,” as they made “great strides in years past.”

He mentioned that the capital Ankara stands out in high-tech product manufacturing compared to other cities thanks to its strategic location in the country.

“Ankara stands out with its strength in sectors such as machinery, medicine, transportation, electrical, and the defense industry. Our capital city has great potential in high-tech manufacturing, and the added value of production has been rising rapidly in recent years; however, expanding 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.”

*Writing by Emir Yildirim