Wednesday, 16 August 2006Turkey Employers Unions Confederation (TİSK) announced that, taking annual averages in the first half decade in 2000s into consideration, Turkey ranked first among the OECD countries both in terms of exports growth rate and the increase in market share.
The statement by TİSK said "According to the data provided by Global Benchmark Report 2006 published by Denmark Industrial Confederation, Turkey ranked first among 29 OECD countries in 2000-2004 period in terms of the annual average increase in exports."
The statement also informed that Turkey had increased its exports by an annual 13.2 percent average in real terms, followed by South Korea by 12.7 percent and Slovakia and the Czech Republic by 11.7 percent each.
Exports grew at threefold rate
It was also reported that Turkey had increased its exports three times faster than the OECD and EU-15 averages standing at 4.4 percent, and ranked first in the 2001-2005 period in terms of export performance among the OECD and EU countries.
The statement informed that Turkey had displayed the best performance within the OECD to gain new markets with a rate of 1.36, followed by Hungary at 1.27 and Poland at 1.22. The statement stressed that OECD and EU-15 averages indicated .96 and .99 market share losses respectively, stating:
China, India and Russia rivals
"This significant achievement rests with the private sector and indicates the major role played by the entrepreneurs in the development of Turkey. This success performed by the private sector despite major disadvantages like high input costs, rigid labor codes, heavy employment taxes, red tape and the low FX rates of 2002-2005, gives a clue about what can be accomplished should the burdens and obstacles be removed. Nevertheless, it is a notable fact that China, India and Russia, all non-OECD members, have displayed a much higher exports increase and performance than our country".
16 August 2006, The New Anatolian |
Wednesday, 16 August 2006
Turkish Export
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