The Turkish steel industry has strategic importance in terms of its high export volume, direct and indirect contribution to employment and providing raw materials to other industries. The Turkish steel industry, which continued production despite the pandemic, became the world’s 7th largest steel producer and the largest in Europe. In the first half of 2021, it grew by around 20 percent and increased its export value by 50 percent. Ekspo Faktoring provides export financing support to this strategic industry.

Turkey’s textile exports showed a remarkable increase after 1985 and have become the most important export item of the country since then. The Turkish textile industry continues to maintain its increase in exports, and thus provides remarkable added value to the country’s economy. In 2021, Turkey’s textile exports reached a historical high at $12.9 billion. Ekspo Faktoring supports textile and apparel exports with medium-term financing.

The Turkish home textile industry, which has an important share in the global home textile trade, is among the industries with the largest export volume in Turkey. With an export volume of $2.49 billion, Turkey enjoys a four percent share of the global home textile market, which has a total market size of approximately $65 billion. Ekspo Faktoring supports the industry by providing medium-term financing for home textile exports.

Boat building and automotive supply industries are emerging industries in Turkey. Ekspo Faktoring has worked with clients in these industries in the past and in 2021, this support continued to increase.

Aluminum is used in a wide range of areas from automotive to white goods, from air, land and sea vehicles to the construction sector, and its usage is getting more widespread. Defined as the “metal of the future” by industry representatives, aluminum is among the important materials of many industries due to its easy formability, being suitable for recycling, environmentalism and aesthetics. Ekspo Faktoring finances its clients who supply aluminum to different countries with medium-term loans.

Today, the intense logistics traffic in the world, the importance of supply security and the intense competition in the world highlight the value of shipbuilding. This rapidly growing and developing industry is supported by Ekspo Faktoring with export financing products.

The chemical industry has an important place in the Turkish economy in terms of industrial production and foreign trade, and it supplies intermediate goods and raw materials to various industries. The growth in the global economy is also reflected in the chemical exports. Accordingly, Turkey’s chemicals exports reached a record high in 2021 at $25.4 billion, with a year-on-year increase of 50 percent, and ranked second among Turkey’s most exported goods. The chemical industry is among the industries that Ekspo Faktoring provides financial support.

The paper and printing industry ranks among the industries with high growth and expansion potential, both in Turkey and across the world. Ekspo Faktoring acts as an intermediary in foreign trade transactions of leading paper and printing companies in their trade with European countries. The Company also extends financial support to meet the financing requirements for the pre-production and post-production phases of the paper products industry, which is a supplier of various industries.

The textile industry is developing every year in terms of investment and employment. It also provides an important source of tax revenue to the Turkish economy with its imports. Ekspo Faktoring provides import financing to Turkey’s leading textile companies.