When considering the countries from which you import products, Turkey’s exports should definitely be considered. Turkey has a trade agreement with the EU that offers some great advantages in terms of customs between the EU and Turkey, making trade in 2022 look increasingly strong for Turkey’s exports
The most important products to import from Turkey for the year 2022 with great growth potential
-Knitwear and fashion clothing ($16,676 billion in 2021, an increase of 23%)
-Jewelry ($21.51 billion in 2021, an increase of 33.7%)
-Turkish carpets ($2.605 billion in 2020, up 2.8%)
-Turkish Furniture ($4.28 billion in 2021, an increase of 23.9%)
-Turkish ceramics ($1.2 billion in 2021)
Record sales for Germany, the US, and the UK
Exports to the European Union, where nearly half of Turkey’s exports go to the European Union, increased by 33% year-on-year to nearly $93.1 billion, enabling Turkey to post a surplus of about $7.7 billion in the trade sector
The data showed that sales to the United States rose 44.6% year on year, nearly 4.54 billion dollars
Exports to the UK rose 22% in the first year after Ankara and London signed the post-Brexit Free Trade Agreement in December 2020 to support a trade partnership worth more than $25 billion.
Now is the time to join the incremental growth forecast for Turkey’s exports. Selling products to an EU country or the UK can offer a high-profit margin because the product quality outperforms many products, and it maintains a high selling price
Overseas sales were up 32.9% year over year in 2021, resulting in an upward revision in the 2022 export target to $250 billion. Exports have grown more than six times compared to just $36 billion some 19 years ago
By October 2021, the country’s share in global exports exceeded 1%, another precedent for Turkey, which has registered a more than sixfold increase over the past two decades.
The number of companies exporting reached 101,386 by the end of 2021, compared to only 33,523 companies in 2002
And last year alone, more than 32,000 new companies joined the list