Admin TOA

Admin TOA

The Chemicals Sector Has Grown in Spite of the Crisis

Parallel to the effects of the current economic crisis, Turkey has now experienced a decline in its exports for the first time in 32 months. The export figures for October 2008 decreased by 1.87% in comparison to the same month last year and by 21.8% in comparison to last year’s auto industry figures.

Turkish Textile Industry

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Halit Narin, President of the International Textile Manufacturer?s Association and chairman of the board of the Turkish Textile Employers Association,

The textile and ready-made clothing sector is one of Turkey’s locomotive industries. Of the approximately 43,000 companies that are operating in the sector, 25% of them are active exporters. Of Turkey’s 500 largest manufacturing establishments, 20% of them are active in the textile and ready-made clothing sector. It is estimated that total investments made in Turkey’s textile and ready-made clothing sector have surpassed $150 billion.

Using Turkish Hazelnuts Adds Value to Products

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According to historical records, hazelnuts were being produced along the southern shores of the Black Sea in today’s Turkey as far back as 2300 years ago and Turkey has been exporting these nuts to other countries for the past 600 years.
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