ICI Türkiye Export Climate Index Posts 52.4 in October

• 10.11.2025
• News

The Istanbul Chamber of Industry (ICI) Türkiye Manufacturing Export Climate Index rose to 52.4 in October. This reading signalled a solid monthly improvement in the export climate for Turkish manufacturers, and one that was the most pronounced since May 2024. Export demand conditions have now strengthened in 22 consecutive months. 

A number of important export markets saw growth gather momentum in October, notably Germany, the US and Italy, which combined account for almost one-fifth of Turkish manufacturing exports. The rise in output in Saudi Arabia was the fastest of all the economies covered by the report, while the sharpest reduction in output was seen in Taiwan. 

The Istanbul Chamber of Industry (ICI) Türkiye Manufacturing Export Climate Index, which measures the operating conditions in the key export markets of the Turkish manufacturing sector, released the results of the index for October 2025. The index figures above the 50.0 no-change mark signals an improvement in the export climate, while the figures below signals a deterioration.

The Istanbul Chamber of Industry Türkiye Manufacturing Export Climate Index rose to 52.4 in October from 51.7 in September. The latest reading signalled a solid monthly improvement in the export climate for Turkish manufacturers, and one that was the most pronounced since May 2024. Export demand conditions have now strengthened in 22 consecutive months. 

Growth gathers momentum in Germany, the US and Italy, 

A number of important export markets saw growth gather momentum in October, most notably Germany, the US and Italy, which combined account for almost one-fifth of Turkish manufacturing exports. Germany posted the fastest rise in business activity for two-and-a-half years, while rates of expansion in the US and Italy hit two- and 19-month highs respectively. The third-largest export destination – the UK – saw a renewed rise in output during October, following a slight fall in September. France was the only one of the top five export markets to post a reduction in output. Business activity was down solidly, and at the fastest pace since February. Elsewhere in the Eurozone, Spain posted the fastest rise in output in 2025 so far, while in the Netherlands the rate of expansion eased but remained solid. 

Saudi Arabia records the fastest rise in output

The UAE continued to register sharply rising business activity, albeit with the pace of growth softening from September. This was also the case with Saudi Arabia, where the rise in output was nonetheless still the fastest of all the economies covered, just ahead of Thailand and India. There were signs of muted demand conditions in Central & Eastern Europe, with Romania, Poland, Kazakhstan and the Czech Republic all seeing output decrease in October. Meanwhile, the sharpest reduction in output of all the economies covered by the report was seen in Taiwan, despite the rate of contraction here easing to the weakest in five months. Commenting on the Istanbul Chamber of Industry Türkiye Manufacturing Export Climate Index, Andrew Harker, Economics Director, S&P Global Market Intelligence, said:

“There were definite signs of growth solidifying among key export destinations for Turkish manufactured goods in October, driving the most pronounced overall improvement in export demand conditions for almost a year-and-a-half. These encouraging developments should provide a boost for local firms and help lead to a positive end to the year.”

You can find attached the Istanbul Chamber of Industry Türkiye Export Climate Index October 2025 reports.