Turkey Trade Channel News Year:4 Issue:25

 Turkish Exports To EU Increase Most  Turkey Posts 4.4 Pct Q3 Growth, Likely To Surpass Year-End Target  Trade Between UK And Turkey Will Reach The Highest Level In 2013  The World’s Hazelnut Capital: Turkey  Turkish 2014 Auto Sales Forecast To Be Reassessed, Nov Sales Up 10.6 Pct

www.tcp.gov.tr Year: 4

Issue: 25 Dec 9-20, 2013

NEWS Turkish Exports To EU Increase Most Turkey’s exports to the European Union (EU28) increased dramatically compared to its major partners, according to data released by the EU’s statistical office Eurostat. In the January-September 2013 period, exports from Turkey to EU28 rose 4% compared to the same period last year. EU28 imports from most major partners fell in January-September 2013 compared with January-September 2012, except for Turkey with +4% and India with +1%. The most notable decreases were imports from Japan with -15%, Brazil 14%, Switzerland -12% and Norway -11%. The pattern was mixed for EU28 exports, with the largest increases registered for exports to Switzerland with +32% and Turkey +5%. The most notable falls for exports were India with -5% whereas the US and Japan were both recorded at -3%.

To view the news report, please visit Ministry of Economy website.

Turkey Posts 4.4 Pct Q3 Growth, Likely To Surpass Year-End Target The Turkish economy has recorded 4.4 percent growth in the third quarter of 2013, beating market forecasts of 4.2 percent. According to official data, Turkey’s economy continued on its growth track for the 16th consecutive quarter, becoming one of the top 10 fastest growing economies in the world. Turkey’s overall GDP growth for the first 9 months of the year has reached 4 percent, a likely sign of beating the previously announced year-end target of 3.6 percent.

Source: The news section of ISPAT website Read the rest of this entry »

Trade Between UK And Turkey Will Reach The Highest Level In 2013 Chairman of Turkish-British Chamber of Commerce and Industry (TBCCI) Emma Edhem stated the trade between United Kingdom (UK) and Turkey will reach 15 billion USD in 2013, which would be the highest level yet, the World Desk reported. Saying the UK investment in Turkey has reached 6 billion USD, whereas Turkish investment in UK is approaching 1.6 billion USD in the last decade, Edhem told that the trade volume between the countries had sustained a growth rate of about 9% each year between 2003 and 2007.

To view the news report, please visit Ministry of Economy website.

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www.tcp.gov.tr Year: 4

Issue: 25 Dec 9-20, 2013

SECTORS The World’s Hazelnut Capital: Turkey Turkey, the largest producer of hazelnuts in the world, accounts for 75% of global production by itself. In the 20122013 season, Turkey continued its lead, exporting 301,000 tons of hazelnut kernels in that period. In Turkey, hazelnut production is concentrated in the Black Sea region, mostly in the provinces of Giresun, Ordu, Trabzon, and Rize. The majority of Turkey’s hazelnut production is exported, as the domestic market consumes just 11–12%.

Source: Turkish Issue:19

Perspective,

November-December

2013,

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EVENTS Turkish Companies To Participate In PITTI IMMAGINE PITTI IMMAGINE UOMO (international fair for men’s clothing and accessory collections) and PITTI IMMAGINE W (international fair for women’s fashion) will be held in Florence, Italy on January, 7-10, 2014. Turkey will participate in the event at national level. Turkish companies operating in the related sectors will be present at the fair.

For more information about the fair, please visit its website.

Turkish Companies To Participate In DOMOTEX 2014 DOMOTEX 2014 (International Exhibition for Carpet and Floor Coverings Industry) will be held in Hannover, Germany on January 11-14, 2014. Turkey will participate in the event at national level. Approximately 125 Turkish companies operating in the related sectors will be present at the fair.

For more information about the fair, please visit its website.

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www.tcp.gov.tr Year: 4

Issue: 25 Dec 9-20, 2013

Agro Eurasia 2014, Istanbul Agro Eurasia 2014, the 8th International Agriculture and Agricultural Mechanization Fair will be held on January 22-25, 2014 in İstanbul. Agro Eurasia 2014 will be organized simultaneously with Stockbreeding 2013, the 4th Stockbreeding, Equipment, Poultry and Dairy Industry Fair.

For more information about the fair, please visit its website.

IFExpo 2014, Istanbul IFExpo 2014, the 11th International Istanbul Hosiery, Underwear Fair will be held on February 6-8, 2014 in Istanbul. The major manufacturers meet with domestic and foreign industry professionals in IFExpo 2014.

For more information about the fair, please visit its website.

Warning: This bulletin is prepared by Republic of Turkey Ministry of Economy General Directorate of Exports only for information purposes, by making use of public resources which are assumed to be reliable. Ministry of Economy in no way guarantees that the information included here is completely accurate and does not accept the liability of harms and losses that may result from the utilization of information included in this bulletin.

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