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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

Turkey Trade Channel News Year:4 Issue:25

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Please find enclosed Trade Channel Newsletter, Year: 4 Issue: 25 prepared by Republic of Turkey Ministry of Economy General Directorate of Exports - Turkey Contact Point/TCP (www.tcp.gov.tr). You can also follow us on TCP Blog at http://blog.tcp.gov.tr and on Twitter at http://twitter.com/tcp_turkey for the latest economic developments, trade opportunities and upcoming events in Turkey. For your trade inquiries, please fill out the web-based “Trade Information Inquiry Form”. You can view demands, offers and joint venture opportunities from Turkish companies and insert your own demands/offers on Trade Opportunities section of TCP website. The Export Sectors section of TCP website is also updated.

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Page 1: 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

Page 2: Turkey Trade Channel News Year:4 Issue:25

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Year: 4 Issue: 25 Dec 9-20, 2013

www.tcp.gov.tr

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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Year: 4 Issue: 25 Dec 9-20, 2013

www.tcp.gov.tr

SEC T OR S

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 2012-

2013 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 Perspective, November-December 2013,

Issue:19

Read the rest of this entry »

EVENT S

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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Year: 4 Issue: 25 Dec 9-20, 2013

www.tcp.gov.tr

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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