PLASFED President Ömer Karadeniz, speaking to Alara Akgün, host of the Fokus program broadcast on Bloomberg HT, stated that production, industry, and exports are the cornerstones of the Turkish economy. The President of the umbrella organization PLASFED expressed that the chemical industry and its largest branch, the plastics sector, will continue their locomotive role in exports.
Plastics Industrialists Federation (PLASFED) Chairman of the Board Ömer Karadeniz was a guest of Alara Akgün, host of the Fokus program broadcast on Bloomberg HT. Evaluating the Turkish economy along the axes of production, exports, and industrialization, Karadeniz drew attention to the export performance of the chemical and plastics sectors in particular.
Stating that a temporary decline in export figures was observed due to official holidays in May, Karadeniz expressed that despite this, the chemical sector continued to positively differentiate itself. Reminding that the chemical sector recorded an export increase of approximately 7 percent in May, Karadeniz said that the plastics sector is one of the most important components of this success.
Emphasizing that the strategic importance of the plastics sector was understood more clearly after the pandemic, Karadeniz said, “In 2022, the chemical sector became Turkey’s top exporting sector. The plastics industry, as one of the strongest sub-sectors of chemical exports, continues to make significant contributions to the national economy.”
Stating that declines in exports should not be evaluated in isolation, Karadeniz also drew attention to the decline in imports. Emphasizing that Turkey is a country with a production economy, Karadeniz said, “The decline in imports of intermediate goods and raw materials can affect production capacity and, consequently, exports. Therefore, it is necessary to read the data holistically.”
Reminding that China has significantly increased its share in world trade over the last 30 years, Karadeniz stated that behind this success lie policies supporting production and exports, and expressed that Turkey should similarly continue a production-oriented growth strategy.
Emphasizing that they trust in Turkey’s production power despite global uncertainties and geopolitical developments, Karadeniz added that the chemical and plastics sectors will continue their locomotive role in the country’s exports.
Plastics Industrialists Federation (PLASFED) Chairman of the Board Ömer Karadeniz was a guest of Alara Akgün, host of the Fokus program broadcast on Bloomberg HT. Evaluating the Turkish economy along the axes of production, exports, and industrialization, Karadeniz drew attention to the export performance of the chemical and plastics sectors in particular.
Stating that a temporary decline in export figures was observed due to official holidays in May, Karadeniz expressed that despite this, the chemical sector continued to positively differentiate itself. Reminding that the chemical sector recorded an export increase of approximately 7 percent in May, Karadeniz said that the plastics sector is one of the most important components of this success.
Emphasizing that the strategic importance of the plastics sector was understood more clearly after the pandemic, Karadeniz said, “In 2022, the chemical sector became Turkey’s top exporting sector. The plastics industry, as one of the strongest sub-sectors of chemical exports, continues to make significant contributions to the national economy.”
Stating that declines in exports should not be evaluated in isolation, Karadeniz also drew attention to the decline in imports. Emphasizing that Turkey is a country with a production economy, Karadeniz said, “The decline in imports of intermediate goods and raw materials can affect production capacity and, consequently, exports. Therefore, it is necessary to read the data holistically.”
Reminding that China has significantly increased its share in world trade over the last 30 years, Karadeniz stated that behind this success lie policies supporting production and exports, and expressed that Turkey should similarly continue a production-oriented growth strategy.
Emphasizing that they trust in Turkey’s production power despite global uncertainties and geopolitical developments, Karadeniz added that the chemical and plastics sectors will continue their locomotive role in the country’s exports.
This content has been translated using artificial intelligence technology.