Sales of Turkish exports hit a record high last year as the slump in the value of the lira made businesses’ products more competitive overseas, with the country also benefiting from closer economic ties to Russia.
Turkey recorded a 13 per cent rise in exports by value, with sales hitting $254bn in 2022, said Recep Tayyip Erdoğan, the country’s president, in a televised speech on Monday.
“At a time when the world is struggling with serious political and economic problems, it hasn’t been easy to continue uninterrupted investments, increase employment and increase exports,” he said. “This shows that Turkey is no longer a country that is crushed by crises, but a country that manages crises.”
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