Turkish Exports

Turkish Exports

To bring closer to you the Turkish economy and production, we bring You short overview of Turkish exports.

Agriculture

Turkey’s agricultural economy is among the top ten in the world, with half of the country consisting of agricultural land and nearly a quarter of the population employed in agriculture. 

As of 2016, Turkey is the world’s largest producer of hazelnuts, cherries, figs, apricots, and pomegranates; the second-largest producer of quinces and watermelons; the third-largest producer of cucumbers, green peppers, lentils and pistachios; the fourth-largest producer of apples, tomatoes, eggplants, and olives; the fifth-largest producer of tea, chickpeas and sugar beet; the sixth-largest producer of almonds and onions; the seventh-largest producer of lemons, grapefruit, and cotton; and the eighth-largest producer of barley

Turkey is the EU’s fourth largest non-EU vegetable supplier and the seventh largest fruit supplier.

Turkey is the world’s third largest producer of olive oil, with 193,500 tonnes of virgin olive oil produced in 2019.Turkey is the world’s fourth largest producer of olives.

There are 180 million trees covering 700,000 hectares (1,700,000 acres) with a production of 500,000 tonnes (490,000 long tons; 550,000 short tons) of table olives and 300,000 tonnes (300,000 long tons; 330,000 short tons) of olive oil. Exports are 70,000 tonnes (69,000 long tons; 77,000 short tons) of table olives and 60,000 tonnes (59,000 long tons; 66,000 short tons) of olive oil a year.

Dried fruits are among Turkey’s traditional agricultural export products. Turkey is the most important dried fruit exporter in the world. In terms of quantity nearly 25% of world dried fruit exports come from Turkey.

Turkey is the tenth-ranked producer of minerals in the world in terms of diversity. Around 60 different minerals are currently produced in Turkey. The richest mineral deposits in the country are boron salts, Turkey’s reserves amount to 72% of the world’s total.

Facts and overall export:

 Turkey has free-trade agreements with 22 countries.

From a continental perspective, 55.7% of Turkey’s exports by value were delivered to European countries while 26% were sold to Asian importers. Turkey shipped another 9% worth of goods to Africa. Smaller percentages went to North America (6.9%), Latin America excluding Mexico but including the Caribbean (1.7%) then Oceania led by Australia, Marshall Islands and New Zealand (0.7%).

The latest available country-specific data shows that 53.3% of products exported from Turkey were bought by importers in: Germany (9.4% of the global total), United Kingdom (6.6%), United States (6%), Iraq (5.4%), Italy (4.8%), France (4.2%), Spain (3.9%), Netherlands (3.1%), Israel (2.8%), Russia (2.7%), Romania (2.3%) and Belgium (2.1%).

The following export product groups represent the highest dollar value in Turkish global shipments during 2020. Also shown is the percentage share each export category represents in terms of overall exports from Turkey.

  1. Vehicles: US$22.1 billion (13% of total exports)
  2. Machinery including computers: $16.8 billion (9.9%)
  3. Electrical machinery, equipment: $9.3 billion (5.5%)
  4. Iron, steel: $8.8 billion (5.2%)
  5. Knit or crochet clothing, accessories: $8.4 billion (4.9%)
  6. Plastics, plastic articles: $7 billion (4.1%)
  7. Gems, precious metals: $6.7 billion (3.9%)
  8. Clothing, accessories (not knit or crochet): $6.6 billion (3.9%)
  9. Articles of iron or steel: $6.4 billion (3.8%)
  10. Fruits, nuts: $4.8 billion (2.9%)

Fruits and nuts was the fastest-growing among the top 10 export categories, up by 15.6% year over year since 2019. In second place for improving export sales was plastics and items made from plastic: which rose 10.7%. Turkey’s shipments of electrical machinery and equipment posted the third-fastest gain in value up by 6.5% year over year.