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Egypt News

Turkey’s Machinery Exports Hit Record $21.3 Billion

Automated summary•24 October 2026 at 09:56

Turkey’s machinery exports reached a record $21.3 billion in the first nine months of 2026, rising 1.5% amid challenging conditions in global markets.

Stronger demand from Germany and the United States helped drive the increase, supporting Turkish machinery sales abroad during the period.

The growth came despite intensifying competition from China, which added to the pressures facing Turkish exporters.

Global pressure on prices also weighed on the sector’s trading environment. The modest pace of growth highlighted the contrast between record export earnings and the competitive conditions surrounding them.

This is an automated summary from the available headline and excerpt, not the full story or a claim of human review.

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