TIM President Mustafa Gültepe Issues Cost and Financing Warning for Exporters

Turkish Exporters Assembly President Mustafa Gültepe drew attention to global challenges and cost pressures, stating that exporters' competitiveness must be preserved and their access to financing increased.

Global Challenges and Competitive Struggle

Turkish exporters are putting up a major fight to maintain their presence in markets despite the slowdown in global demand, geopolitical risks, and stagnation in core markets.

In line with Turkey's goal of entering the top 10 exporting countries in the world, all 27 sectors contribute uninterruptedly to production and foreign sales.

Cost Pressure and the Difficulty of Meeting Target Prices

While sectors such as automotive, chemicals, and apparel continue to be the locomotive of exports, the high course of input costs makes it difficult to meet target prices.

The rise in production costs outpacing the appreciation of exchange rates narrows exporters' profit margins, creating significant difficulties in the field.

Access to Financing and Capital Needs

It is of critical importance to increase access to low-cost and long-term financing channels so that exporters can meet their capital needs.

In this context, expanding rediscount credits and Eximbank facilities in particular will provide great relief to exporters.

Twin Transition and Future Strategies

It has been stated that sustainable growth in exports cannot be possible solely through tonnage-based increases, and that high technology and R&D activities must be prioritized.

It is essential to comply with the European Union's Green Deal processes and view the green and digital twin transition as a strategic leverage in global competition.