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Global Sales of FM Goods to Contribute $1,3bn to the Turkey’s Economy!

8 August 2022
Global Sales of FM Goods to Contribute $1,3bn to the Turkey’s Economy!

47507045 - tractor plowing a field at dusk

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According to the preliminary data, the farm machinery exports of manufacturing companies bring in about 1,3 billion dollars in 2021. Thus, Turkey’s exports spiked to 27.6 percent last year. Meanwhile, the FM industry ranked 6th among the 22 machinery sectors.

These data are the records of the Exporters’ Associations, and it is expected that our agricultural machinery exports will exceed 1.4 billion dollars with the exports made from the free zones, and our total agricultural machinery exports are expected to approach 1.5 billion dollars by the end of 2021, with the tractor cabin, which cannot be evaluated because there is no separate GTIP code. The overall machinery sector exports totaled 21 billion USD in the same period, while the ratio of change was 23,3 percent. The overall export value per kilogram is at the level of 5.9 dollars. In farm machinery, the unit value per kg is 4.6 dollars. The US was the top market for the national farm machinery industry and other export partners are respectively Uzbekistan, Italy, Azerbaijan, Iraq, France, Russia, Sudan, Romania, and Serbia.

In the balance of trade, exports to imports in 2021 were 165.8 percent, and the farm machinery imports increased by 79.5 percent amounting to 790 million dollars last year

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CEMA European Agricultural Machinery (Member).
Global Alliance of Agricultural Machinery Manufacturer Associations, AGRIEVOLUTION (Fouding Member, Chair).
ReCAMA, Regional Council of Agricultural Machinery Associations in Asia and the Pacific (Member).
Turkish Mechanical Industry Platform (Co-president and Member of the Executive Committee).
Turkish Machinery Federation (Fouding Member).
Machinery Exporters Association
TARMAKBIR - The Turkish Association of Agricultural Machinery and Equipment Manufacturers
Meşrutiyet Caddesi 31/ 6 06420 Kızılay / ANKARA - TÜRKİYE
+90 312 419 37 94 +90 312 419 37 53 tarmakbir@tarmakbir.org
CEMA European Agricultural Machinery (Member).
Global Alliance of Agricultural Machinery Manufacturer Associations, AGRIEVOLUTION (Fouding Member, Chair).
ReCAMA, Regional Council of Agricultural Machinery Associations in Asia and the Pacific.
Turkish Machinery Federation (Fouding Member).
Turkish Machinery Federation (Fouding Member).
Machinery Exporters Association.

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