Turkey Trade Channel News Year:5 Issue:9

 Export Sectors Reports: Fabrics  Export Sectors Reports: Lighting Industry  Export Sectors Reports: Food Processing Machinery

Year: 5

Issue: 9 Apr 14-25, 2014

NEWS Turkey, Malaysia Sign Free Trade Deal Turkey and Malaysia signed a bilateral Free Trade Agreement (FTA) on April 17, 2014 in Ankara, Turkey. Turkey was represented by Minister of Economy Nihat ZEYBEKCI while Malaysia was represented by International Trade and Industry Datuk Seri Mustapa MOHAMED. The signing of the FTA was witnessed by Prime Minister Recep Tayyip ERDOGAN and his Malaysian counterpart Datuk Seri Najib Tun RAZAK. Mainly, the TurkeyMalaysia FTA provides preferential market access for Turkish goods entering the Malaysian market and vice-versa. It is agreed that the FTA will first focus on goods, and subsequently cover investment and services. ZEYBEKCI said that as the FTA is realized over a period of eight years, more products would benefit from reduced or eliminated duties. Turkish exports to Malaysia that will benefit from immediate duty-free access include agricultural produce, fisheries, food products and mineral products.

Source: Ministry of Economy

Foreign Trade Expectation Survey of 2nd Quarter, 2014

Export Expectation Index increases by 17.9 points to 116.7 in the 2nd quarter of 2014 from 98.8 in the 1st quarter. Diffusion indices of Survey questions composing the Export Expectation Index show that, in the 2nd quarter of 2014, in comparison to the 1st quarter, expectations regarding exports and export orders of the next 3 months along with the level of current export orders have increasing effects over the Index, while the level of export orders belonging to the last 3 months has a decreasing effect.

Source: Ministry of Economy You can follow us on Twitter through http://twitter.com/tcp_turkey. .

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Year: 5

Issue: 9 Apr 14-25, 2014

SECTORS Export Sectors Reports: Lighting Industry A brief report about lighting production and trade in Turkey has been recently updated by Ministry of Economy.

According to the report, Turkish lighting products are exported to more than 100 countries throughout the world.

After the global financial crisis in 2009, Turkish exports have increased about 10.9% annually and reached at US$269.7 million in 2011. In 2012, lighting products exports were recorded as US$280.5 million and with an increase of %17.7 amounted to US$330 million in 2013. The EU countries are significant export markets of Turkey. In 2013, exports from Turkey to EU totaled US$70.7 million with a global share of 21.3%. However, starting from 2009, Turkey’s exports have been continuously shifting from the EU market to other countries, such as the Turkic Republics, Arabic Countries and North African Countries.

For example; Azerbaijan, Turkmenistan, Iraq, Russia, Libya, Saudi Arabia, Kazakhstan, Morocco and Algeria, together with some European countries, were at the top of the list of export markets of Turkey in 2013. For the full report, please click here.

Source: Ministry of Economy, Directorate General of Exports

Export Sectors Reports: Fabrics A brief report about fabrics production and trade in Turkey has been recently updated by Ministry of Economy. According to the report, the total value of fabrics exported in 2013 was about US$ 5.6 billion. The main products exported in 2013 were knitted fabrics, woven synthetic fabrics, and woven cotton fabrics. The export values of knitted fabrics, woven synthetic fabrics, and woven cotton fabrics were about US$ 1.7 billion, US$ 1.3 billion and US$ 1 billion respectively.

European countries, including Italy (9,7%), Germany (5,3%), Romania (4,9%) and Ukraine (4,3%), and Russia (14,9%) are the most important markets for Turkey’s fabric exports. For the full report, please click here.

Source: Ministry of Economy, Directorate General of Exports

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Year: 5

Issue: 9 Apr 14-25, 2014

Export Sectors Reports: Food Processing Machinery A brief report about food processing machinery production and trade in Turkey has been recently updated by Ministry of Economy. According to the report, Turkey is the largest producer and exporter of agricultural products in the Near East and North Africa. Exports of agricultural commodities and food products were valued at US$21,6 billion in 2013 and accounted about 14.2% of Turkey’s total export earnings. This strong agricultural potential and Turkey’s food industry, changing lifestyles and tastes due to increased industrialization and urbanization, the increase in family income, and the decrease in available time for preparing meals have all resulted in a strong food processing sector. Accordingly, a large food processing sector has accelerated the development of the food processing machinery and equipment industry in Turkey.

For the full report, please click here.

Source: Ministry of Economy, Directorate General of Exports

EVENTS Turkish Companies Participate In BATIMATEC Building & Construction Exhibition BATIMATEC 2014 – International Building & Construction Materials Exhibition will be held in Algiers, Algeria on May 48, 2014. Turkey will participate in the event at national level. Approximately 135 Turkish companies operating the building & construction sector will be present at the fair.

For more information about Turkish exhibitors, please click here.

Turkish Companies Participate In APAS Food Fair APAS 2014 International Trade Fair For Food Industry will be held in São Paulo, Brazil on May 5-8, 2014. Turkey will participate in the event at national level. Turkish companies operating the related sector will be present at the fair. For more information about Turkish exhibitors, please click here.

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Year: 5

Issue: 9 Apr 14-25, 2014

Turkish Companies Participate In Lagos Motor Show & Auto Parts Expo Lagos Motor Show & Auto Parts Expo 2014 – International Motor Show & Automotive Sub-Industry, Spare Parts, Accessories and Service Equipment Fair will be held in Lagos, Nigeria on May 4-7, 2014. Turkey will participate in the event at national level. Turkish companies operating the related sector will be present at the fair. For more information about Turkish exhibitors, please click here.

Turkish Companies Participate Sewage & Waste

In

IFAT

Fair

for

Water,

IFAT Trade Fair for Water, Sewage, Waste and Raw Materials will be held in Munich, Germany on May 5-9 2014. Turkey will participate in the event at national level. Approximately 67 Turkish companies operating the related sector will be present at the fair. For more information about Turkish exhibitors, please click here.

Turkish Companies Participate In Seafood Expo Global Seafood Expo Global/Seafood Processing Global will be held in Brussels, Belgium on May 6-8, 2014. Turkey will participate in the event at national level. Turkish companies operating the related sector will be present at the fair. For more information about Turkish exhibitors, please click here.

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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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