Turkish enterprises sell industrial products worth $471B in 2021

By Gokhan Ergocun

ISTANBUL (AA) - Turkish enterprises sold industrial products worth 4.2 trillion Turkish liras ($471 billion) both in the country and abroad in 2021, official data revealed on Wednesday.

In 2020, the figure was 2.5 trillion Turkish liras ($356 billion), the Turkish Statistical Institute (TurkStat) said.

The average USD/TRY exchange rate was 8.9 and 7.02 in 2021 and 2020, respectively.

Basic metal products had the largest share among sub-items last year with 14.2%, followed by food products (12.4%) and textile (8.4%).

Among technology products, high technology products' share was 3% in 2021, low and medium-low technology products corresponded to 71.3% and medium-high technology products accounted for 25.6%.

When industrial products were classified by Main Industrial Groupings, intermediate goods' share was 50.3%, while consumer non-durables and energy's share were 21.4% and 5.6%, respectively.

Last year, the country produced 1.06 million units of automobiles, 12.08 million units of refrigerators and freezers, 1.17 million units of gas boilers, 243.58 million tons of ready-mixed concrete and 5.41 billion of medicaments.

Some 8.35 billion masks, 73.2 million liters of cologne and 55.26 million kilograms of disinfectant were sold in Türkiye.