Machinery Sector Figures

Machinery manufacturing continues to be one of the key growth drivers of the Turkish economy. This sector plays a crucial role in the development of Türkiye's greater manufacturing industry due in no small part to its capability to produce intermediate goods and to provide inputs to key sectors such as chemicals, construction, automotive, energy, textiles, agriculture, and mining.
 

• The Turkish machinery sector more than quadrupled its revenues to reach USD 21 billion and doubled its workforce to hit 244,000 in 2020.

• While global exports doubled, Türkiye's exports have increased tenfold in the past 19 years and  reached USD 18.5 billion in 2020.

 

Source:Presidency of Republic of Türkiye Investment Office