Turkeys furniture makers enjoying export boom - Inegol Cilek TRT

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Turkeys furniture makers enjoying export boom – Inegol Cilek TRT

Turkey's furniture exports exceed target, hit $3.1B in 2018

Turkey's furniture industry with its very high locality ratio has exceeded the export targets for 2018, hitting $3.14 billion with a 14 percent year-on-year increase, according to Ahmet Güleç, the chairman of the Federation of Furniture Associations (MOSFED).

Güleç said that they had also broken a record last year with their export-oriented sustainable growth strategy.

“Our export target for 2018 was $3 billion at the beginning of the year,” he said. “Our industry with the current account surplus continues to boosts exports, with a serious localization rate. By exporting furniture to some 177 countries, we bring a major foreign exchange input to our country.”

Güleç said the sector has achieved a significant rise in exports, compared to $2.76 billion in 2017.

Source: https://www.dailysabah.com/business/2019/01/08/turkeys-furniture-exports-exceed-target-hit-31b-in-2018

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