Turkey Reaches 16th Largest Economy, Sets $410 Billion Export Target

Opening of the Çerkezköy Industrial Fair During the opening ceremony of the 10th Çerkezköy Industrial Fair in Tekirdağ, Trade Minister Ömer Bolat announced that Turkey has reached the 16th position among the world’s largest economies based on purchasing power parity.
Export Targets Bolat said that the country’s merchandise exports will surpass $282 billion by the end of the month and that the annual target is $410 billion.
He noted that 94 % of the yearly exports are industrial products, while 43.5 % consist of medium‑, high‑, and high‑technology goods.
Regional Economy Çerkezköy is a key industrial hub known for textiles, machinery, automotive and defense sectors.
Tekirdağ, along with the industrial zones of Çorlu, Muratlı, Kapaklı and Ergene, has become Turkey’s fifth largest export city.
The region’s port, road and rail infrastructure, a high‑speed rail project, and tourism potential support its economic growth.
Future Vision Bolat emphasized that investment, production, employment and exports are the four pillars of Turkey’s economic strategy.
He outlined a plan for six consecutive years of growth, a $1.7 trillion national income and a per‑capita income of $20,500.
He also highlighted Çerkezköy’s role as the backbone of Thrace.