content tagged with import

Trade Ministry reveals decline in export, import expectations for Q1 2024

Trade Ministry reveals decline in export, import expectations for Q1 2024

Factors influencing the index include a downward trend in export expectations for the next three months, a decrease in export order expectations, and a decline in the assessment of export order levels in the past three months.

Russia-Ukraine war: How will it affect Turkey’s economy?

Russia-Ukraine war: How will it affect Turkey’s economy?

From agriculture to energy, from tourism to construction… Ukraine and Russia were two countries with the largest trade volume with Turkey.

25 February 2022 Hikmet Adal

What does Russia-Ukraine crisis mean for Turkey's economy?

'TURKEY WILL LOSE, TOO'

What does Russia-Ukraine crisis mean for Turkey's economy?

Ukraine and Russia are two important partners of Turkey in tourism, import of agricultural products, natural gas, construction, infrastructure and weapon systems. Turkey’s foreign trade volume with these two countries is around 42.1 billion USD.

23 February 2022

CHP slams Erdoğan over ‘no customs duty’ for import of grains, legumes

CHP slams Erdoğan over ‘no customs duty’ for import of grains, legumes

CHP Chair Kılıçdaroğlu and İstanbul MP Tekin have slammed the decision for reducing the customs duty for grains and legumes to zero. CHP Niğde MP Gürer has also visited agricultural workers and voiced their complaints and requests.

8 September 2021

‘AKP imported 118 billion dollars worth of agricultural products in 18 years’

CHP’S SARIBAL

‘AKP imported 118 billion dollars worth of agricultural products in 18 years’

Main opposition CHP MP Orhan Sarıbal notes that while Turkey has the largest agricultural production area in Europe, it ranks first in food inflation in the continent, raising concerns that “Turkey does not have food safety.”

Economic relations between Turkey and France amid Erdoğan’s call for boycott

Economic relations between Turkey and France amid Erdoğan’s call for boycott

President Erdoğan said, “I hereby call on my nation; just like France says, ‘Don't buy products with Turkish brands,’ I call on my people to not buy French products.” But what are the current economic and commercial relations between the two countries?

27 October 2020

Ministry of Trade: Export Dropped by 40.9 Percent in May

Ministry of Trade: Export Dropped by 40.9 Percent in May

According to the statistics released by the Ministry of Trade of Turkey, the export volume of the country has fallen from 16 billion 803 million dollars in May 2019 to 9 billion 964 million dollars in May 2020, which marks a 40.9 percent decrease.

Exports Increase, Imports Decrease in July

Exports Increase, Imports Decrease in July

The Turkish Statistical Institute (TurkStat) has announced its external trade statistics for July 2019. Accordingly, while exports have increased by 7.9 percent in July, imports have decreased by 8.5 percent in comparison with last July.