Turkey Trade Data

ARE TURKEY AND THE UK BEST TRADE FRIENDS? The two countries have been connected with each other for a very long time now. This connection was even present during World War 1 when both nations fought against each other. After that major event, no such situation is faced by both nations and the relations have also become more cordial and stronger in these years. Currently, communication is done between both countries via embassies, i.e., the British embassy is situated in Ankara while the Turkish embassy is situated in London. Moving towards trade or bilateral relations, then we are glad to update you that the bilateral trade between Turkey and the UK is also very good and is growing every year. To give a glimpse into it, we have added a quick comparison table that contains data for the last 5 years. TURKEY AND THE UNITED KINGDOM BILATERAL TRADE TRENDS (2018-2022) YEAR UK > TURKEY TURKEY > UK TOTAL BILATERAL TRADE ...

  GET COMPLETE INSIGHTS ABOUT TURKEY COTTON MARKET IN TEN MINUTES TURKISH COTTON MARKET OVERVIEW Turkey was a completely agricultural-based economy in the past. Even now there is a dominance of the agricultural sector in the nation, and it contributes significantly to the country’s economy and GDP which is about 14%. After being a rapidly developed nation in the world, close to 10 million people in Turkey are still engaged in the agricultural sector for their living. The most prominent crops that are grown in Turkey are oil seeds, trailed by cotton, and cereals. Various types of fruits and vegetables are also grown and sold. Among all the items produced in the agricultural industry, cotton is one of the most important and primary raw materials that is produced in the farms of Turkey. The weather and environmental conditions in Turkey are best suited for cotton cultivation because of which almost all farmers are into cotton production and hence it is the basic source of income...

                              ELECTRIC MACHINES INDUSTRY OF TURKEY The electric machines industry is functional in Turkey for an extremely long time now. Various changes and updates that came into effect on a timely basis brought a revolution in this industry and new and better forms of machinery started to come into the picture. Due to far-reaching enhancement and deals, the portion of electric machines in  Turkey Trade Data  increased by 1.1% in the year 2002 and 3% in 2004 with total exports of USD 1.8 billion. The range of machines made in Turkey has given an additional edge to this industry. Going from links, wires, and electrical apparatuses, to AC, engines, and transformers, everything is currently produced in Turkey at reasonable costs. In the global scenario, out of all-electric hardware exports, 3% offer is of Turkish items. Today, Turkey exports electric apparatus to just about 179 nations ou...

OVERVIEW Today, under this blog post, we are going to list the top import as well as export products from Vietnam and the Philippines with respect to each other. First, we are going to see the market size of those products in their respective country, and following this, we will try to compare the Imports and exports of those goods to another country by observing the last five years’ trends. WHAT TURKEY EXPORTS TO THE PHILIPPINES THE MOST? Starting with Turkey, based on Turkey Export Data 2022, the largest exports to the Philippines in that year were Aircraft, spaceships, and their respective spare parts. As the Philippines is on its way to expanding its defense and military strength, Turkey understood the underlying situation and exported aircraft to the Philippines. The defense sector of Turkey is quite big and plays a major role in taking the economy of the country forward. Being the 3 rd biggest spender in the defense and aircraft sector in the year 2022, Turkey exporte...