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Showing posts with the label turkey import data

Turkey's Auto Industry get major boost by rising imports by Kazakhstan

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  Turkey is among the top automotive markets in the world. As per the Turkey customs data , the country's total automotive exports were estimated around 30 billion dollars in FY 2022. Whereas in 2021, it was totaled to be 29 billion dollars and 25 billion dollars in 2020. The major markets for Turkey's automotive exports are France, Italy, Spain, United Kingdom and Germany.                France is the leading importer of Turkish automotive products with over 20% share of Turkey's automotive exports. Other major importers of Turkish automotive parts were Italy (9%), Spain (8.5%), United Kingdom (8.2%), Germany (8%) and Poland (4.8%).  Whereas the fastest growing markets for Turkish automotive exports are Spain, France, United States, Sweden, Egypt, Greece, Israel, Bulgaria and Kazakhstan. According to the current Turkey export data reports, during June 2023, Turkey exported over 20 million dollars wort...

Turkey target to raise its jewellery exports to $10B by FY23

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  Turkey is ranked among the top 10 jewellery producing and exporting destinations in the world. It is currently ranked third largest jewellery producer alongside India and Italy. Gold, silver and diamonds are among Turkey's top precious metals exports. According to the Turkey import export data reports, the jewellery exports from Turkey grew tremendously over the years. In the financial year 2021, it had seen growth of 64% and was worth 6.5 billion dollars. While in 2022, the increase was around 1.2%, exports worth 7.3 billion dollars. Now, the Turkish government has planned to excel its jewellery exports to over 10 billion dollars by the financial year 2023. Jewellery is the major occupation in Turkey. Over 2500 people are currently involved in the Turkish jewellery sector. As per Turkey customs data , the United  Arab Emirates was the top importer of jewellery products from Turkey with over 20% share of total Turkish exports. Other major markets for Turkish jewellery expor...

Turkey to hike 30% import duty on grains amid Ukraine crisis

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  Recently, Turkey government has imposed over 30% hike on import duty of grains. These include wheat, barley, corn, oat, sorghum and rye. This decision came into effect due to global grain amid aborted grain supplies due to the Russia-Ukraine war crisis. Russia and Ukraine cover the maximum portion of Turkey’s grain imports. Also, the one main reason is to sustain its grain imports for the domestic market. Turkey’s Top Grains Imports Wheat Turkey is currently the 5th largest importer of wheat in the world. According to the recent Turkey import export data reports of 2022, Turkey's main grain exports were cotton, soybeans, wheat, tree nuts, food preparations, poultry and forest products. As per the Turkey import data , the wheat imports from Turkey were estimated around 10 billion dollars in FY22. While as compared to the last year, it was 9.4 billion tonnes. The top markets for the imports of wheat from Turkey were Russia, Ukraine, Moldova and Brazil. Since, the wheat supply halt...

Surge in tropical fruits exports from Turkey

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  Not only for its beauty, Turkey is also popular for its unique fruits. That is why Turkish fruit exports have seen a significant increase from 2018 to 2022. According to the Turkey customs data , the exports of Tropical fruits from Turkey were 4 million US Dollars. In 2021, tropical fruits exports from Turkey climbed to 5 million US Dollars. As per the latest Turkey import export data records, the tropic fruits exports from Turkey jumped to 15 million US Dollars in 2022. The top export categories include pineapple, mango, papaya, kiwi, coconut, dragon fruit, bilberry etc. Turkey exports by country reflect that of the United Kingdom, Germany, United States, Italy and France are the top import markets for Turkish tropical fruits. Currently, Turkey is the world's 9th largest tropical fruits exporter. Let's study the top tropical fruits exports from Turkey. Kiwi Turkish Kiwi's are very popular in the global market. Turkey is the world's 7th largest producer of Kiwis. It...

Top 5 Turkish Agricultural Exports 2021-22

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Turkey comes 7th on the list of top agriculture exporters. As per Turkey export data of Agriculture products, there was around 18% increase in exports in 2021. For the fiscal year 2021, Turkish agricultural exports recorded a total 222 Billion US Dollars. Apricots, Cereals, Hazelnuts, Oilseeds were the most exported products of Turkey with over 1 billion USD month wise shipments in 2022. Through this blog, you will get detailed analysis on top 5 Turkish Agricultural exports 2021-22.  Apricots Turkey is the top exporter of apricots in the world. As per the Turkey exports statistics of 2021, the country’s apricots exports are worth 333 million USD. Turkey import export data suggests that the major importers were  Turkey (338 Million USD), Germany (11.46 Million USD), Kyrgyzstan (9.66 Million USD), Netherlands (9.22 Million USD), France (8.37 Million USD) and the United States of America (8.08 Million USD). The demand for Turkey’s Apricots surged by 4% every year. According t...

Turkish Exports 2022 hits all time high, 254 Billion USD

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Turkey is the leading market for the exports of automobiles and agricultural goods. WTO reports 2023 suggests that Turkey was the 20th largest economy in the world. In the fiscal year 2022, Turkey’s exports hit a record 254 Billion US Dollars. According to Turkey import export data , Turkey was the 29th largest exporter and 22nd largest importer in the world. Turkey is the major agricultural exports market. Turkey is the leading producer and exporter of hazelnuts, apricots, wheat, figs, and cherries. Turkey is also an important fruit, vegetable and pasta producer in the world. Through this blog, you will get the detailed information about Turkey exports in 2022 . Turkey Exports 2022  In December 2022, Germany (1.76 Billion USD), United Kingdom (1.5 Billion USD), and United States (1.4 Billion USD) recorded the maximum imports from Turkey. Continent wise, Turkey shows a rapid rise in exports to South America (84%), North Africa (43%), Middle East (22%), and Non European countries (2...

Turkish Exporters Industry-Wise Updates 2021

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Turkey is the most popular country for trade business. Even we can say that Turkey is the 1st preference for other countries in terms of import-export business.  At the current time, turkey becomes the most popular country for exporting goods and services. The main reason is that they are exporting high-quality goods & services with low production costs.  Turkish manufacturers are producing high-quality goods and maintaining the standard of the product with low production costs which attracts other countries' importers to export Turkish goods & services at affordable prices.   In this blog, we will give you Turkish Exporters Industry-Wise Updates 2021. Through our report, we give the top 3 exporters names industry-wise who are working effectively and generating a good amount of money through the export sector and helping their country to grow in the economic sector.  As per the Turkey Export data , Turkey is leading the 29th rank as the largest exporte...