The EU is by far Turkey’s largest import and export partner. Within the EU, Germany has been one of Turkey’s most important trade partners and investors. In 2022, Turkey exported goods valued at $21.9B to Germany, and the top products were motor vehicles, parts, and accessories. What are the options when it comes to shipping …
Turkey is a developing country with a strong geographical position linking Europe and Asia. In terms of exports and imports, Turkey is in the world’s top 30. The EU-Turkey Customs Union governs the EU Member States’ trading relationship with Turkey. Overall, the US-Turkey trade has more potential since the EU-Turkey ties are stronger. To make …
One of the best ways to look for a trade partner is to visit a trade fair. They’re organized worldwide and cover various industries. If you’re searching for a supplier of kitchenware and household utensils, consider visiting ZUCHEX. It’s an event organized in Turkey that focuses mostly on tableware and home décor, and appliances. Find …
In November 2021, our platform ShipHub got a chance to attend Logitrans 2021 – one of the most significant trade fairs in the Eurasian region’s transport and logistics industry. The event has had its 14th edition between the 10th and 12th of November, welcoming visitors from all around the world. They could all come together, …
US-Turkish trade ties are relatively weak, and whether they strengthen or not in the future depends on several economic and political factors. In 2022, the United States imported $17.1 billion in goods from Turkey. These goods mainly included hand-woven rugs, jewelry, and silver. Learn about the options for shipping from Turkey to the US. Shipping …
Turkey is a center for a wide range of products, whether it is food, clothing, raw materials, or machinery. On the other hand, France is one of the largest importers in Europe and mainly imports transport equipment, computers, and chemicals from Turkey. There are three ways of shipping cargo from Turkey to France: by sea, …
Sea freight enables transporting large cargo on long distances at a relatively low-cost. There is no sea transport without ports. Tukey alone has almost 200 ports and piers in total. The Port of Haydarpaşa is located in Istanbul, the biggest and the most populous city in Turkey. Being a deep water seaport, the port of …
Since 2018, when the Turkish lira plunged in value, import from Turkey became even more profitable. In 2018 US imports from Turkey reached 10.3bn USD. In 2019 alone the value of imports from Turkey to the EU amounted to 69.8bn EUR. Some of the most often imported products included transport equipment, textile articles, machinery, agricultural …
According to the European Commission’s website, in 2019 Turkey was EU’s 5th largest trading partner. Moreover, Turkey’s main export markets are the EU – Germany, France, Italy, Spain, etc. (42.4%), the UK, Iraq, the USA, and Israel. Turkey’s exports to the EU are mostly transport equipment and textile articles. Its main USA exports in 2018 …
Turkey is a strategically located country that serves as a critical point between Asia and Europe. It is the perfect place to bring together China and Europe by railroad. Turkey has been recognized as a significant player in the Belt & Road Initiative (BRI). The Middle Corridor (The Trans-Caspian International Transport Route (TITR) plays a …