AIMSAD has published the Woodworking Machinery (WM) Sector Report compiled according to the foreign trade data published by TURKSTAT. In the first seven months of the year, compared to the same period of the previous year; production increased by 28 percent, exports by 25 percent, imports by 4.57 percent, and domestic sales by 23 percent.
According to the Woodworking Machinery Sector Report published regularly by AIMSAD; In the first seven months of 2022, 215 million 822 thousand dollars of production, 88 million 487 thousand dollars of exports, 44 million 332 million dollars of imports and 171 million 668 thousand dollars of domestic sales were realized. In the period subject to the report, the ratio of exports to imports was 200 percent, while the foreign trade balance rose to 44 million 154 thousand dollars. Thus, the woodworking machinery industry continued to give foreign trade surplus without breaking the tradition.
The first rank in exports did not change
According to the data in the report; In the first seven months of 2022, exports compared to the same period of the previous year; increased by 25 percent. In the January-July period, Turkey made the largest export to Russia with approximately 7 million dollars. The second country to which Turkey exports the most was Iraq with 4 million 671 thousand dollars. Iraq was followed by Bulgaria with 4 million 294 thousand dollars, Kosovo with 4 million 037 thousand dollars, Italy with 3 million 997 thousand dollars, Georgia with 2 million 921 thousand dollars and Poland with 2 million 689 thousand dollars.
When the exported product groups are analyzed, in the first seven months of 2022, the machines in the others group were exported the most with 26 million 242 thousand dollars. This much; Sawing machines with an export of 20 million 765 thousand dollars, machines that perform various machine operations without changing tools between these processes with 10 million 077 thousand dollars, planing, milling or cutting molding machines with 10 million 023 thousand dollars, bending or joining machines with 8 million 676 thousand dollars.
There was a decrease in import rates
In the January-July period, imports increased by 4.57 percent compared to the previous year and amounted to 44 million 332 thousand dollars. These data revealed that there was a decrease in import rates. The country from which Turkey imports the most was China with 17 million 256 thousand dollars. Italy with 14 million 668 thousand dollars, Germany with 7 million 346 thousand dollars, Taiwan with 1 million 891 thousand dollars and Austria with 1 million 166 thousand dollars came after China. In the period subject to the report, Turkey mostly imported saw machines, machines in the others group, drilling or tenoning machines, and machines that perform various machine operations without changing tools among these operations.