Turkey Trade channel News Year:5 Issue: 11

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 Memorable Year For Early Cherries  Turkish Ceramics Export to the USA  Export Sectors Reports: Building Glass and Ceramics  Export Sectors Reports: Agricultural Machinery & Equipments


Year: 5

Issue: 11 May 12-23, 2014

NEWS Turkey In Export-Driven Growth – Economy Minister Turkey’s GDP growth rate for 2014 will be no less than 4 percent thanks to rising exports, according to the country’s Minister of Economy, Nihat ZEYBEKCI. Speaking at Turkey’s Investment Summit 2014, organized by the Sovereign Wealth Fund Institute (SWF Institute) in partnership with the Investment Support and Promotion Agency of Turkey (ISPAT), ZEYBEKCI pointed to the indicators of strong growth. “Capacity utilization has increased by 5 percent in the first quarter while exports went up by 10 percent. Exports will account for 2.5 percent of annual growth, clearly showing that Turkey is on an export-driven economic expansion trend,” he remarked, saying 2014’s growth rate will reach at least 4 percent. Source: The news section of ISPAT website

SECTORS Export Sectors Reports: Building Glass and Ceramics A brief report about building ceramics production and trade in Turkey has been recently updated by Ministry of Economy. According to the report, in recent years, Turkish ceramics industry exports have shown an upward trend. While in 2011, exports of the building ceramics industry were valued at US$699, 5 million, in 2012 exports increased to US$773, 8 million. In 2013, ceramic wall and floor tiles had the largest share of exports among building ceramic products with a value of US$605 million. Ceramic sanitaryware ranked second with an export value of US$203 million. In 2013 Turkish building ceramic products were exported to 168 countries in the world. The European Union has a share of 42,1% in the building ceramics exports of Turkey. In the same year, major markets for building ceramic products are Germany, Israel, United Kingdom, Iraq, and France. For the full report, please click here. Source: Ministry of Economy, Directorate General of Exports

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Year: 5

Issue: 11 May 12-23, 2014

Export Sectors Reports: Agricultural Machinery & Equipments A brief report about agricultural machinery production and trade in Turkey has been recently updated by Ministry of Economy. According to the report, the export of the agricultural machinery and equipment sector (including tractors), which decreases only in 2009 due to the global economic crisis, has increased by 8% in 2013 compared to 2012 and reached US$ 600 million. The major export partners of Turkey in agricultural machinery parts sector are Iraq, Azerbaijan, Italy, France and Bulgaria. The major export partners of Turkey in tractors sector are the USA, Iraq, Italy, Morocco, South Africa and Poland. For the full report, please click here. Source: Ministry of Economy, Directorate General of Exports

Turkey: Memorable Year For Early Cherries In Turkey, a record year is set for early cherries. Turkey is maintaining the momentum as the leader in global cherry production. In the sweet cherry sector, no other nation rivals Turkey in terms of overall volume. Implementation of new technologies and plantations of new orchards have kept the Eastern European nation ahead of competitors for total volume since the 1990s. Between 1995 and 2010, Turkey has more than doubled its sweet cherry production, rising from 200,000 metric tons (mt) in total volume to over 400,000 mt. If production forecasts remain on track, Turkey will remain in its top position for the years to come and should reach 520,000 mt in sweet cherry production by 2020. Source: International Trade Center (ITC)

Turkish Ceramics Export to the USA By the end of the 2013, Turkey reached more than US$1 billion of total ceramics products export, with more than US$606 million from tiles export and more than US$204 million from the export of sanitary ware. Being as Turkey’s top export ceramics marketto USA market- Turkey’s annual export figures increase sharply every passing year, on the tile flooring and sanitary ware ceramics market. Most notably, in comparison to 2011, in 2012, Turkey’s ceramics tile flooring export to USA, surged by 56% as US$25 million, as sanitary ware market grew by 33% as US$8 million. Within this export expansion, Turkey’s ceramics export to the USA market was at its highest in 2012. Ultimately, in 2013, Turkey’s ceramics tile flooring exportation to USA has increased by 32% as US$34 million, likewise sanitary ware market has grew by 18%, as almost US$10 million . Source: Central Anatolian Exporters Union

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Year: 5

Issue: 11 May 12-23, 2014

EVENTS Turkish Companies Participate In SHOES & LEATHER – GUANGZHOU 2014 SHOES & LEATHER – GUANGZHOU 2014 – The 24th International Exhibition on Shoes & Leather Industry will be held in Guangzhou, China on May 28-30, 2014. Turkey will participate in the event at national level. Turkish companies and related organizations in the related sector will be present at the fair. For more information about Turkish exhibitors, please click here.

Turkish Companies Participate In Beautyworld Beautyworld Middle East- International trade fair for beauty products, hair, fragrances and wellbeing will be held in Dubai, on May 27-30, 2014. Turkey will participate in the event at national level. Turkish companies and related organizations in 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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