Innovation and Sustainability in Export:
Turkish Republic passed 2018 with the highest export figure, which is 168.1 billion dollars.
In addition to the significant contribution of net exports to growth in the second and third quarter growth figures of 2018, Foreign trade surplus in October and November; On the other hand, the positive effect of exports on the current account surplus in the balance of payments in August, September and October was concrete indicators of how valuable Turkish exporters achieved last year.
First of all, the first target is to reach the export value of 182 billion dollars which is the 2019 target, which is called “New economical program”
In 2019, Turkey will focus on new projects and strategies in exports. Zero Waste Mobilization in Exports (Women Council Project), 5G New Vision, First Step in Exports, registration of transit trade and micro exports, Competitive service exports, sustaining the increase in the number of exporting firms, strengthening technology, innovation, R & D, branding strategy “Sustainability and innovation in exports will be the main route.
Turkey's exports, compared to last year, in 2018 increased by 7 percent a year earlier rose to $ 168 billion and 23 million, imports decreased by 4.6 percent to 223 billion 39 million dollars. Foreign trade deficit decreased by 28.4 percent to $ 55 billion 16 million.
The most traded product groups:
| 2017 | 2018 | Value | |
|---|---|---|---|
Automotive Industry | $28,5 billion | $31,6 billion | 10,7 % |
Ready-to-wear | $17 billion | $17,6 billion | 3,6 % |
Chemical Substances | $16 billion | $17,4 billion | 8,3 % |
Steel | $11,4 billion | $15,6 billion | 36,1 % |
Electrical and Electronics | $10,5 billion | $11,3 billion | 7,9 % |
Automotive sector
At the peak of Turkey's exports are taking place continuously in the automotive industry for 12 years. In 2017, 28.5 billion dollars of exports were provided from automotive. If this amount Ford, Toyota, Tofas, Oyak Renault, Mercedes-Benz Turk, Bosch, Man Truck and Goodyear companies was reached thanks to vehicles manufactured in factories in Turkey.
Household appliances
Turkey has exported a total of 25 million 700 thousand units of white goods in 2017. As a result of the incentives provided to investors especially in the field of excise tax, the house appliance sector grew by 7.3% in 2017. House appliances increased by 6%.
72% of white goods in Turkey exporting to other European Union countries. In particular, the UK, Germany, France, Italy and Spain are the countries where white goods are exported most.
Turkey's leading companies in the white goods sector Arçelik, Beko, Vestel, Demirdöküm, Profilo, Indesit, Ariston brands such examples we can give.
Confection and Textile
Turkey continues to grow as a result of investments made in the textile and confection sectors since the 1980s. textile and confection sector in Turkey is largely export-oriented.
In 2014, Turkish garment and textile sector is the 8th largest exporter of ready-made garments in the world with a share of 3.4% in the world. In terms of exports to European Union countries, China ranks 4th after Bangladesh and Germany.
In 2017, the Turkish ready-to-wear and textile sector exported a total of $ 12.5 billion.
Agriculture and Food Products
Turkey due to climatic conditions and fertile soils is a country where agricultural production is concentrated. Between 2002 and 2016, exports of agricultural and food products increased fourfold from 3.7 billion to 16.2 billion dollars.
Turkey is a number one European country since 2005 in agricultural production, agricultural and food products in the last 15 years has already given a total of $ 58 billion export surplus in foreign trade.
The most traded countries with Turkey:
| 2017 | 2018 | Value | |
|---|---|---|---|
Germany | $15,1 billion | $16,2 billion | 7,0 % |
England | $9,6 billion | $11,1 billion | 15,8% |
Italy | $8,5 billion | $9,6 billion | 12,9 % |
Iraq | $9,1 billion | $8,4 billion | -7,7 % |
USA | $8,7 billion | $8,3 billion | -3,9% |
Countries that increased their trade this year:
| 2017 | 2018 | Value | |
|---|---|---|---|
Switzerland | $888 million | $1,7billion | 95,3% |
Libya | $881 million | $1,5 billion | 70,3% |
Katar | $649 million | $1,1 billion | 69,0% |
TURQUALITY and Brand Support Program:
