Economy

Free Zones Boosted Turkey's Exports by 6.2%: The New Frontier for Investors

724FinanceZeynep Kaya
Free Zones Boosted Turkey's Exports by 6.2%: The New Frontier for Investors

Turkey's trade volume through free zones reached $14.3 billion between January and June, with approximately half ($6.6 billion) coming from exports. The export figure saw a 6.2% annual increase, highlighting the growing significance of these zones in the country's international trade. Free zones, particularly in textiles, food, and machinery, are emerging as key gateways to global markets. This development signals Turkey's rising role in global supply chains. Investors are increasingly recognizing the advantages of these zones, which could further boost Turkey's export performance. The accessibility of free zones to world markets is enhancing the country's trade potential and contributing to the local economy.

Zeynep Kaya

Financial Analyst: Zeynep Kaya

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