Exports in consumer goods exceed $21 bn 10Global food prices fell in May for the second consecutive month as lower dairy, cereal and vegetable oil prices counteracted rising sugar and firm meat prices, the United Nations Food Agency said.
Turkey’s consumer goods exports increased by 10.5 percent in the first four months of 2014 compared to the same period of last year.
According to data released by the Turkish Statistical Institute (TurkStat), consumer goods represented 39.5 percent of the total Turkish exports, reaching $21.3 billion from January to April, up from $19.2 billion for the same period last year.
The majority of consumer exports were “semi-durable goods,” i.e. products with one-year durability, such as clothes, which amounted to $5.2 billion. They were followed by “refined and unrefined consumer goods” at $4.7 billion and “non-durables,” such as food, at $3.4 billion.
In total, Turkish exports reached $54 billion in the first four months of the current year. Germany was the first destination for Turkish consumer goods, importing $2.5 billion worth of goods, followed by Iraq at $1.9 billion and the U.K. at $1.2 billion.
Meanwhile, at $9.15 billion, Turkey´s consumer goods imports have decreased by 3.2 percent from January to April of 2014 contributing