Türkiye’s exports to African countries surged 12% on an annual basis to $11 billion (TL 515.63 billion) in January through June, reflecting Ankara’s strengthening economic cooperation and trade diplomacy with the continent, according to the data from the Türkiye Exporters Assembly (TIM).
Trade diplomacy has become one of Ankara’s key foreign trade policy tools in strengthening economic ties with Africa since the Turkish Trade Ministry launched an action plan in 2003 to boost commercial and economic relations with African nations.
The plan aims to promote mutual investment, expand the presence of Turkish firms in projects across various sectors and strengthen cooperation between Turkish and African business communities.
In the first half of the year, Morocco was the top African destination for Turkish exports with $2.2 billion, followed by Egypt with around $2 billion, Libya with $1.3 billion, Algeria with $950.9 million and Tunisia with $619.4 million.
Türkiye’s investments in Morocco are mostly focused on sectors including the automotive industry, cleaning products, textiles, mining, logistics, and iron and steel.
