The Saudi popular campaign to boycott Turkish goods during 2020 has also succeeded under the slogan “Boycott everything Turkish, causing heavy losses to Turkish exporters in all the West Gulf markets, in addition to the Saudi markets and other Arab markets.”
The report of the Turkish Exporters Council indicated that Turkish exporters and Turkish exports are now paying the bill for the reckless and hostile foreign policies adopted by the Turkish state towards the Arab world, in an indirect reference to the attack campaign led by the Turkish President against the central Arab countries that are a stumbling block in front of his ambitions and regional expansion ambitions. And internationally.
The report called on the Turkish government to review its policies with the Arab world to preserve Turkish commercial interests with those countries and their people at a time when the Turkish economy is witnessing severe bleeding, and the Turkish national currency (the lira) is witnessing unprecedented declines in its history.
And Turkish President Recep Tayyip Erdogan launched an attack in October 2019 on a number of Arab Gulf states, accusing them of destabilizing the region’s regional stability, and the popular reaction was a forerunner to the official reaction to confront and reveal the plans of the Turkish president. A wide-ranging response, not only in the Saudi market, but also in the Gulf countries and other Arab countries outside the Gulf region.
According to the statement of the National Council of Turkish Exporters, the Saudi market is ranked 15th in terms of importance for Turkish exports, the most important of which are carpets, textiles, furniture, grains, chemicals and steel. The value of Turkish exports to the Saudi markets during the first nine months of this year amounted to $ 2.02 billion, a decrease of 16.1% from it. During the corresponding period of the year 2019.
During the period from January to the end of August 2020, Turkish exports to the markets of the Arab Gulf region and other Arab countries decreased compared to the same period of 2019, and the percentage of decrease ranged from one country to another, reaching 16.92% in the United Arab Emirates, and the decrease was 17.71% in the Kingdom of Bahrain and Kuwait The decline in Turkish exports amounted to 4.18%.
The popular Saudi “Boycott Everything Turkish” campaign also incurred Turkish exports huge losses in the markets of other Arab countries outside the Arab Gulf region, not only in terms of commodity exports, but also in all areas of investment, tourism and travel to Turkey.
Outside the Gulf region, the largest decline in Turkish exports was the share of the Lebanese market, as the rate of decline in Turkish exports to it as a result of the popular boycott was 36.06%, while in Egypt the rate of decline – according to the data of the Turkish Exporters Council – was 11.89%, and the rate of decline in Jordan 10.89%.
Algeria was among the Arab countries that witnessed a decline in Turkey’s exports in its markets by 29.26% during the period from January to August 2020 compared to the same period in 2019.Also, exports of Turkish goods to the markets of the Kingdom of Morocco decreased by 13.68% during the same two periods of comparison, and in the Iraqi markets. The decline in Turkish exports was 7.29%.
Source link
