Turkey’s top 10 exports accounted for three-fifths (60.9%) of the overall value of its global shipments. The iron and steel metals category was the fastest-growing among Turkey’s top 10 export categories via its 40.6% increase from 2017 to 2018. Lagging in second place were actual exported goods made from iron or steel, up 16.9%.
Turkey exports 389 products with revealed comparative advantage (meaning that its share of global exports is larger than what would be expected from the size of its export economy and from the size of a product’s global market). Explore on Visualizations page Data Sources .
Unprocessed gold and refined petroleum were among the 20 highest value Turkish export products in 2017. The most valuable Turkish exports also include cars, trucks, automobile accessories and piston engine parts. Jewelry and clothing are other popular exports from Turkey.
What Does Turkey Export? Turkey's main exports are food, textiles, clothing, iron, steel, ships, consumer electronics, appliances and automotive goods. Turkey is defined as an emerging market economy by the International Monetary Fund.
Exports from Turkey increased 12.1 percent from a year earlier to an all-time high of USD 16.0 billion in May 2019, as shipments of manufactured products, which accounted for 94.8 percent of total sales, rose 13.4 percent. Also, exports of mining and quarrying advanced 4.3 percent, while those of agriculture, hunting and forestry fell 16.5 percent.
Exporting antiques from Turkey is strictly forbidden. Export Taxes None Export Clearance Free movement of goods between Turkey and the EU since January 1 1996 (Customs Union Agreement). Necessary Declaration The Customs declaration must contain information on the origin of the goods, the Customs tariff and Customs valuation of the goods.
Top Turkey Exports. Top Turkey Imports. Top Turkey Imports from the World. In 2018, Turkey bought US$223 billion worth of imported products down by -7.9% since 2014 and down by -4.6% from 2017 to 2018. Top 10 Turkish Imports from Russia. Russia's exports to Turkey amounted to.
Top Turkey Exports 2018. Turkey shipped US$168 billion worth of goods around the globe in 2018, up by 6.6% since 2014 and up by 7% from 2017 to 2018.
The economy of Turkey is defined as an emerging market economy by the IMF. Turkey is among the world's developed countries according to the CIA World Factbook. Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries.
Turkey had a total export of 156,992,940.41 in thousands of US$ and total imports of 233,799,651.23 in thousands of US$ leading to a negative trade balance of -76,806,710.82 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Turkey is 3.45% and the Most Favored Nation (MFN) Weighted Average tariff is 5.58%.The trade growth is 0.05% compared to a world growth ...