Turkey Trade Data

  MOTOR SPARE PARTS PRODUCTION The spare parts production Industries in Turkey have established industries and produce every type of spare part. The manufacturing of spare parts takes place for domestic as well as export purposes too. The component sector of the nation is very strong and capable enough to produce spare parts for nearly all the automobile brands that are available so far like GM, Mercedes, BMW, Fiat, Ford, and Toyota. The potential of the spare parts industry of Turkey is very high and is not limited to only domestic production, but also capable of exports also. This is the reason why  Turkey trade Data    has a designated place for mentioning the exports of motor spare parts. Due to this high export potential of the Turkish motor spare parts industry, various big investors and market leaders are getting attracted to it. As of now, the total number of investors in this industry is close to 200 which is estimated to increase in the near future. Som...

  ABOUT THE INDUSTRY – MINERAL PRODUCTS Mineral fuels, oil, waxes, and bituminous substances have a very big market at the global level. In the world, it is considered the 3 rd largest traded product which amounts to USD 1.5 trillion. Roughly, 8.8% of the total trade market is occupied by the export and import of Mineral products. If we talk about the rank of this product category with regard to (Product Complexity Index) PCI, then it is close to the 95 th position. In the year 2020, the largest exporters of mineral products were Russia, The United States, Saudi Arabia, the UAE, and Canada. Whereas, the major importing nations were China, the United States, India, Japan, and South Korea. TURKEY TRADE DATA – MARKET IDEA The market of mineral-based products such as mineral oils, distillation products, bituminous minerals, and mineral-based waxes is one of the emerging markets of Turkey. In the year 2020, Turkey imported these types of goods worth USD 17.56 billion. Whereas it expor...

  TURKEY AND ITS CONTRIBUTION TO GLOBAL TRADE DATA DEMOGRAPHIC PROFILE AND TRADING TRENDS OF TURKEY Turkey is yet another Muslim country which is located partly in Western Asia and partly in Southeast Europe. Turkey shares its boundary with many nations like Armenia, Iraq, Syria, etc. The land area which is dedicated to Turkey is close to 7,83,400km^2. The population of Turkey is 8.36 crores and around 98% population belongs to the Muslim religion. The capital of the nation is Ankara and the currency used here is called the Turkish Lira. Turkey plays a very important role in Global Trade Data and has a considerable amount of stake in the total imports and exports. In the year 2021, as per Turkey Import Data the nation imported goods worth USD 271 billion whereas, the total exports as per Turkey Export Data were USD 225 billion. Roughly, the ranks of the nation with regard to total imports and exports in 2021 were 22 nd and 27 th respectively. CONTRIBUTION OF TURKEY EXP...