Turkey Machine Exports Hit Record $21.3B in 9M 2026, Growth Slows

Turkey's machine exports reached a record $21.3 billion in the first nine months of 2026, up 1.5% year-on-year, with demand from Germany and the US offsetting rising Chinese competition and global price pressures. The modest growth rate signals a slowdown from prior years, reflecting intensifying competitive pressures in the sector.

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