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Trade and Investment Landscape Between Korea and Turkey: Trends and Insights

This report examines the trade landscape between Korea and Turkey, highlighting a notable 65.7% increase in trade volume from 2006 to 2012, despite a significant plunge in 2012. Korea emerged as one of Turkey's top ten import sources in 2012, with exports to Turkey valued at $2.6 billion, while imports stood at $332 million. The investment landscape showcases Korea's substantial foreign direct investment (FDI) in Turkey, totaling over $1.3 billion across nearly 300 cases, with major companies like POSCO and Hyundai leading the charge.

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Trade and Investment Landscape Between Korea and Turkey: Trends and Insights

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  1. 02. Trade Landscape Koera Exports to Turkey Turkey Exports From Koera Trade Volume • Trade Volume Rises 65.7% Over 7 Yrs (2006-2012) • Despite Double-Digit Plunge in 2012 • Korea among 10 top import source for turkey in 2012 Trade Scoreboard (2013. 1-6) Two-Way Trade Trend (Unit: US$ Mil.) Turkey Exports to Korea: US$332Mil. Korea Exports to Turkey : US$2.6Bil. Source: Korea International Trade Association (Information Confirmed in August 2013)

  2. 02. Trade Landscape • Unique Complementarity Within Similar Industrial Structure • Transportation equip. sector capping Korean exports to Turkey in 2012 • Korean imports of Turkish petrochemical goods increase sharply Korea-Turkey Top 10 Trade Items in 2012 Korea's Top 10 Exports Items to Turkey Turkey’s Top 10 Exports Items to Korea (Unit: US$ Mil.) (Unit: US$ Mil.) Note: Based on 4 units of MTI Code Source: Korea International Trade Association (Information Confirmed in August 2013)

  3. 03. Investment Landscape Amount Cases • Korea’s Outstanding FDI Crossed US$1.3 Bil (‘87~’12) • Investment cases numbered 297 • Major Korean conglomerates advancing into Turkey • POSCO, Hyundai Motor, LG Electronics, etc Korean FDI in Turkey Trade Scoreboard (Unit: US$1,000.) Turkish FDI in Korea (During the 1996-2012 period) US$12.6 Mil in 74 Cases Source: Korea International Trade Association

  4. 03. Investment Landscape Korean Enterprises Active in Turkey (Unit: U.S.$1,000)

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