Business · Trade · 10 hrs ago
Turkey’s export market conditions ease to a three-month low
The index tracking demand in Turkey’s export markets fell to 52.5 in October, from 53.2 in September.
It measures business conditions in the main markets for Turkish manufacturers, and readings above 50 signal improvement.
The October figure was the lowest in three months, but conditions still improved for a 34th consecutive month.
The United Arab Emirates had the fastest activity growth among the countries tracked, while growth continued in the United States, the United Kingdom, Germany, Italy, Spain and the Netherlands.
Activity fell again in France and Romania, and Brazil had the sharpest decline, with production down for a fourth month.
Businesses in Brazil partly linked the fall to disruption caused by the presidential election, while political uncertainty in Brazil and France was said to be weighing on demand.
Turkish exporters will hope for a more stable international political climate in 2027 to support growth.
Turkey’s manufacturing export-market climate index fell to 52.5 in October 2026, its lowest level in three months.
The index was down from 53.2 in September but remained above the 50-point threshold that indicates improving conditions.
Export-market conditions improved for a 34th consecutive month, although global economic growth showed signs of slowing.
The United Arab Emirates recorded the fastest activity growth among the countries tracked, while Brazil had the steepest decline.
S&P Global Market Intelligence’s Andrew Harker said political instability and uncertainty were weighing on demand in some economies.
- Who
- The Istanbul Chamber of Industry’s index tracks activity in key export markets for Turkey’s manufacturing sector.
- What
- The index fell to 52.5 in October, its lowest reading in three months, while indicating continued improvement in export-market demand.
- When
- October 2026; the results were reported on November 9, 2026.
- Where
- Turkey’s key manufacturing export markets, including the United Arab Emirates, the United States, Brazil and several European countries.
- Why
- The index eased as global growth showed signs of slowing; the source also cites political instability and uncertainty as factors affecting demand in some economies.
This story does not have two clearly opposing sides.
The index stood at 53.2.
The index fell to 52.5, while export-market conditions improved for the 34th consecutive month.
Brazil recorded its fourth consecutive month of notable production decline, at the fastest pace since the Covid-19 pandemic.
- October index
- 52.5
- September index
- 53.2
- Improving conditions threshold
- 50
- Consecutive months of improvement
- 34
- Fastest activity growth
- United Arab Emirates
- Steepest activity decline
- Brazil
What people are saying
Export-market demand conditions continued to improve in October; however, there were some signs of a slowdown in global economic growth compared with September’s rapid pace.
Political instability and uncertainty in some economies, such as Brazil and France, are causing companies to postpone purchasing decisions, negatively affecting demand conditions.
Turkish exporters therefore hope that the international political environment will become more stable in 2027, supporting growth expectations.