Increasing Demand in Exports

The Export Demand Index exceeded 100 in February, with a 0.4% increase, surpassing the long-term average. The Turkish Exporters Assembly (TİM) shared the results of the Export Market Monitor for February, which tracks demand conditions for exported products in key markets, along with global economic demand and risks. The Export Demand Index, which monitors demand conditions for exported products through export markets, basic macroeconomic indicators, and leading macroeconomic indicators, showed no change on a monthly basis in February. It increased by 0.4% compared to the same month last year, reaching 100.2 and surpassing the long-term average. Despite the decrease in unemployment, increase in job security, industrial production, and inflation in February, the rise in consumer confidence brought the demand index to the long-term average. The TİM Market Resilience Index, which is created using long-term and short-term social, economic, and political indicators to measure the resilience of export markets against risks, increased by 0.4% on a monthly basis in February and by 1.1% compared to the same month last year, reaching 100.2. The slight decrease in global geopolitical risks and the export demand index hovering around the long-term average positively affected resilience across export markets, bringing the index to the long-term average.