Economic review and turkey s trade with finland
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“ECONOMIC REVIEW AND TURKEY’S TRADE WITH FINLAND”. 14.09.2011. Embassy of Turkey, Office of the Commercial Counsellor. FOREIGN TRADE OUTLOOK. September 2011. * TURKEY AT A GLANCE * TURKISH ECONOMY IN THE WORLD * FOREIGN TRADE DEVELOPMENTS OF TURKEY * TRADE WITH FINLAND.

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Economic review and turkey s trade with finland

“ECONOMIC REVIEW AND TURKEY’S TRADE WITH FINLAND”

14.09.2011

Embassy of Turkey, Office of the Commercial Counsellor


Foreign trade outlook

FOREIGN TRADE OUTLOOK

September 2011

* TURKEY AT A GLANCE

* TURKISH ECONOMY IN THE WORLD

* FOREIGN TRADE DEVELOPMENTS OF TURKEY

* TRADE WITH FINLAND

Embassy of Turkey, Office of the Commercial Counsellor


Economic review and turkey s trade with finland

TURKEY AT A GLANCE;

STORY OF A FASTEST DEVELOPING DEMOCRATIC COUNTRIES IN THE WORLD...

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Membership to international organizations

MEMBERSHIP TO INTERNATIONAL ORGANIZATIONS

MEMBER

OF THE

WTO

MEMBER OF THE ORGANIZATION OF ISLAMIC CONFERENCE

CUSTOMS

UNION

WITH THE EUROPEAN UNION

TURKEY

MEMBER OF THE NATO

MEMBER OF THE OECD

FOUNDING MEMBER OF THE ORGANIZATION OF BLACK SEA ECONOMIC COOPERATION

FOUNDING MEMBER OF THE ECONOMIC COOPERATION ORGANIZATION

FREE TRADE AGREEMENTS WITH THE EFTA & THE CEE COUNTRIES

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Economic review and turkey s trade with finland

TURKISH ECONOMY IN THE WORLD...

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Textiles industry

TEXTILES INDUSTRY

AS TURKEY IS 1ST HOME TEXTILES EXPORTER IN THE WORLD AND SECOND TEXTILES SUPPLIER IN THE EU MARKET.

6

Embassy of Turkey, Office of the Commercial Counsellor


Cement industry

CEMENT INDUSTRY

PRODUCTION

3rdin EUROPE

EXPORTS

2ndin the WORLD

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Embassy of Turkey, Office of the Commercial Counsellor


Jewelry

JEWELRY

TURKEY IS THE 6THJEWELRY PRODUCER

IN THE WORLD

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Embassy of Turkey, Office of the Commercial Counsellor


Iron and steel

IRON AND STEEL

TURKEY IS THE WORLD LEADER IN PRODUCTION OF

STEEL BARS AND RODS IN THE WORLD

WITH %17 OF GLOBAL PRODUCTION.

9

Embassy of Turkey, Office of the Commercial Counsellor


Electronics

ELECTRONICS

TURKISH TELEVISION INDUSTRY RANKS 2ND IN

THE EUROPEAN MARKET.

TURKISH HOME APPLIANCES INDUSTRY RANKS 4TH IN

THE EUROPEAN MARKET.

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Embassy of Turkey, Office of the Commercial Counsellor


Trucks and transportation vehicles

TRUCKS AND TRANSPORTATION VEHICLES

EXPORTS

5THin the WORLD

2ndin the EU

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Embassy of Turkey, Office of the Commercial Counsellor


Economic review and turkey s trade with finland

TOURISM POTENTIAL of TURKEY

7TH BIGGEST TOURIST DESTINATION IN THE WORLD

IN 2010 MORE THAN 27 MİLLON TOURISTS VISITED TURKEY

INCREASED

22 TIMES

1980

1.2 Million

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Embassy of Turkey, Office of the Commercial Counsellor


Economic review and turkey s trade with finland

World’s Biggest Economies

(Turkey is 16th biggest GDP based on Purchasing Power Parity, Trillion Dolar, 2009)

* In 2010, with 1,038 billion USD (puchasing power parity), she is at 15th place (World Bank) or 16th place (IMF, CIA)

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Economic review and turkey s trade with finland

Europe’s Biggest Economies

(GDP based on Purchasing Power Parity, Trillion Dolar, 2009)

* In 2010, Turkey has again 6th biggest economy in Europe.

Source: IMF, World Economic Outlook

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Gdp developments of some regions and countries 2010

GDP Developments of Some Regions and Countries (2010)

Source: IMF Outlook

  • In Medium Term Program (2011-2013), it was predicted that Turkey will grow by 6.8%. Turkish economy grown by 8.9%.

Embassy of Turkey, Office of the Commercial Counsellor


Growth forecasts for some economies

Growth Forecasts for Some Economies

Source: IMF, OECD, European Commussion

  • IMF has updated its growth forecasts and raised the annual growth rate prediction of Turkey for 2011 to 4.6 %.

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Economic review and turkey s trade with finland

Comparison of Europe and Turkey:Real GDP Growth (2001=100)

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Economic review and turkey s trade with finland

FOREIGN TRADE DEVELOPMENTS OF TURKEY...

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Economic review and turkey s trade with finland

Annual Exports (Billion USD)

(*) Annualized as of June 2011

Source: TURKSTAT

Embassy of Turkey, Office of the Commercial Counsellor

September 2011


Foreign trade developments

Foreign Trade Developments

2009 - 2010 / Jan.-June 2011

Source: Turkstat

* Chapter 27 is used for Energy

In the period of January-June 2011 compared with the same month in 2010,

  • Exports and imports increased by 19.9 % and 43.4 % respectively.

  • Trade deficit reached to 54.0 billion dollars , rising by 88.2 %.

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Main export destinations january june 2011

Main Export Destinations (January-June 2011)

The Main Trade Partners

Main Import Partners (January-June 2011)

(Billion Dollars)

(Billion Dollars)

Source:Turkstat

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Breakdown of exports by regions

Breakdown of Exports by Regions

Source: TURKSTAT

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Exports isic

Exports (ISIC)

ISIC: International Standard Industrial Classification

Source:Turkstat

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Imports bec

Imports(BEC)

BEC: Broad Economic Categories

Source: Turkstat

September 2011

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Main items of exports

Main Items of Exports

* % change is based on exports

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

Source: TURKSTAT

25


Main items of imports

Main Items of Imports

*% changebased on imports

Source: TURKSTAT

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Economic review and turkey s trade with finland

TRADE WITH FINLAND...

September 2011

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Foreign trade of finland

Foreign Trade of Finland

September 2011

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Main trade partners of finland

Main Trade Partners of Finland

September 2011

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Major import items of finland in 2010

Major Import Items of Finland in 2010

September 2011

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Economic review and turkey s trade with finland

Major Export Items of Finland in 2010

September 2011

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Foreign trade between turkey and finland

Foreign Trade Between Turkey and Finland($)

September 2011

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Economic review and turkey s trade with finland

Finland-TurkeyExports-Imports Comparison

September 2011

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Economic review and turkey s trade with finland

Finland-TurkeyTrade Balance and Volume

September 2011

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Economic review and turkey s trade with finland

First 10 Items Exported from Turkey to Finland in 2010

September 2011

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Economic review and turkey s trade with finland

First 10 Items Imported from Finland to Turkey in 2010

September 2011

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Economic review and turkey s trade with finland

THANK YOU!...

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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Economic review and turkey s trade with finland

CONTACT INFORMATION OF THE OFFICE OF THE COMMERCIAL COUNCELLOR:

WEB PAGE: http://www.counsellors.gov.tr/Tel: 9 477 41 70Fax: 9 44 44 92E-mail: [email protected]

September 2011

Embassy of Turkey, Office of the Commercial Counsellor

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