Türkiye boosts exports to Africa by $19.4B in 2024 with key gains

Türkiye’s exports to Africa soared by $19.4 billion in 2024, marking a 1.7% increase from the previous year, according to data from the Turkish Exporters’ Assembly (TIM).

The nation’s trade with Africa accounted for 7.4% of its total exports, strengthening its economic ties with 56 countries across the continent.

Egypt emerged as Türkiye’s top African trade partner, importing goods worth $3.5 billion, followed closely by Morocco with $3.1 billion and Libya with $2.5 billion.

Chemicals and chemical products dominated the export sectors, reaching $3.1 billion, while grains, pulses, and oilseeds followed with $2.5 billion in sales.

Steel exports contributed $2 billion, the auto industry added $1.4 billion, and electricity and electronics accounted for $1.3 billion in total exports.

Other major exports included machinery and components at $1.3 billion, textile products and raw materials at $1.3 billion, and ferrous and non-ferrous metals at $912.7 million.

The improvement in Turkish-Egyptian relations played a crucial role, with high-level meetings leading to a 21.8% surge in exports to Egypt.

Exports to Ghana saw an impressive 49.6% increase, while Nigeria experienced a 9.1% rise, Libya 8.4%, and Morocco 6.9%, reflecting Türkiye’s growing influence in African markets.

Since 2003, Türkiye has pursued a strategic initiative to enhance trade, investment, and technology exchange with Africa, resulting in substantial economic collaboration.

This steady growth underscores Türkiye’s expanding role as a key trade partner on the African continent, opening doors for further economic opportunities.

Scroll to Top