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Prices will not  weaken competitive power in machinery exports

Prices will not weaken competitive power in machinery exports

Turkey’s machinery sector exports surged by 23.3% to USD 23bn in 2021, compared to the previous year, according to the Machinery Exporters’ Association (MAIB). The sector’s exports also rose by 18.3% versus the pre-pandemic year of 2019. “The volume of orders shows that the Turkish machinery sector’s market share in the European Union and the...