13/02/2021
Turkey exports $139 billion worth of goods every year and currently ranks 25th as the world's largest export economy, Learn more about Import and export in Turkey
About the import and export market in Turkey
The Turkish market has witnessed a remarkable recovery over the past years in the import and export business, which encouraged the investors and traders to set up their companies in Turkey in order to participate in this market with a great opportunity of high profits and returns.
Turkey is known as an important destination for imported goods in many major countries such as Germany, Russia, Italy, France, and China.
The primary destinations of Turkish exports are Germany, UK, Iraq, Italy, and France, where many different products such as refined oil, automobiles, iron ore, car parts, and trucks are exported each year.
Turkey’s exports in October 2018 reached the highest monthly level in Turkish history. The value of Turkish exports last month reached $15,732,000 with an increase of 13.1% compared to the same period of 2017, As stated by Turkish Minister of Trade Mrs. Ruhsar Pekcan in a news conference held in the south of Ankara.
In the same context, the Ministry of Commerce and the Turkish Statistics Agency pointed out that Turkish exports increased during the month of September by 22.4% as compared with the same month last year. The value of Turkey’s exports during the month of September reached $14.456.000.000.
These figures represent a massive leap from the situation of about 15 years ago, which is in the interest of achieving the goal set by the Turkish government in 2023 to become among the top ten economically in the world.
Examples of some goods exported by Turkey
Metals: copper, iron, mercury, manganese.
Agriculture and food: cotton, figs, grapes, olives, wheat flour, barley, tomatoes, apples, vegetables.
Industry: textile industry, animal and vegetable oils, plastic materials, raw wood and its products, household tools and accessories of all kinds, sugar, cement, tires, auto parts.
