Foreign Trade News from Turkey

A brief report about electronics production and trade in Turkey has been recently updated by Ministry of Economy.

According to the report, Turkish electronics industry exports are primarily directed to European markets. In 2013, the Turkish electronics industry exported to nearly 200 countries. The total value of electronics exports reached about US$6.6 billion in 2013. As in production, consumer electronics and telecommunication equipments were the main items in exports. In 2013, he export value of the telecommunications subsector and the consumer electronics subsector reached US$ 2.8 billion and US$ 1.8 billion respectively.

For the full report, please click here.

Post by: Ministry of Economy, Directorate General of Exports

Turkish Minister of Economy Nihat Zeybekçi attended the Meeting of G20 Trade Ministers in Australia.

Turkish Minister of Economy Nihat Zeybekçi attended the Meeting of G20 Trade Ministers in Australia. Ministers of Trade from Australia, Canada, Indonesia, Russia, Singapore, South Africa, the UK,  and New Zealand also attended the meeting. Minister Zeybekçi made three speeches during the meeting on behalf of Turkey. Zeybekçi stated that trade is the key to grow global revenues, and that Turkey will increase its share in world trade over 1.5%. Noting that the Turkish economy has grown by 6 percent in the last 18 quarters and by 4.3 percent in the first quarter of 2014, Zeybekci added that Turkey is one of the fastest growing economies amongst G20 countries. Zeybekci also reminded Turkey’s Presidency of G20 in 2015 and noted that the Trade Ministers to the next G20 meeting to be held in Turkey . Turkey will be the third country to host the Meeting of G20 Trade Ministers after Mexico and Australia.  Zeybekci also attended the Turkish-Australian Business Forum during his visit to Sydney.

Source: Translated from the Ministry of Economy website

Post by: Ministry of Economy Directorate General of Exports 

A brief report about essential oils production and trade in Turkey has been recently updated by Ministry of Economy.

According to the report, Turkish essential oil exports are showing an increasing trend depending on world prices and cultivation. The exports of essential oils, their by-products and resinoids reached US$ 25.1 million in 2013.

The major part of Turkish essential oil exports consisted of rose oil. Rose oil has been a traditional export item, followed by stearopten oil and origanium oil. Essential oils were mainly exported to the European countries. Major destinations for essential oils were France, UK, Germany, USA and Switzerland. These countries accounted for 85 % of total Turkish essential oils exports in 2013.

For the full report, please click here.

Post by: Ministry of Economy, Directorate General of Exports

The London Textile Fair will take place on July 16-17, 2014 in London, UK. Turkey will participate in the event at national level.

 The London Textile Fair will take place on July 16-17, 2014  in London, UK. Turkey will participate in the event at national level.  Turkish companies and related organizations in the textile sector will be present at the fair.

For more information about Turkish exhibitors, please click here.

Post by: Ministry of Economy Directorate General of Exports

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