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.
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