Turkey Export Data
The Republic of Turkey or Turkey's land is spread across two continents, namely Western Asia and Southeast Europe, as a result of its transcontinental status. Georgia, Armenia, Iraq, Syria, Greece, and several other countries are bordering the country. According to land area, Turkey is the ninth-largest nation in Asia. Conversely, Turkey occupies the 37th rank concerning area, covering over 783,356 km^2. Being one of the key players in the global market, Turkey has been actively participating in international trade activities. Researchers, companies, and politicians can find new trends and patterns in international trade by analyzing export data from Turkey. One may learn a lot about global demand and consumption trends by researching the products that are exported and to which nations.
According to Turkey Export Data, Turkey’s goods imports accounted for $255.41 billion in 2023 with an increase of 1% from the previous year. Turkey’s current total GDP is $1108.02 billion. Turkey’s exports make up a total share of 23% of the country’s GDP. Turkey is also a part of major trading blocs such as the European Union-Turkey Customs Union, WTO, and free trade agreements. Let us explore the significance of Turkey's export data and how it can be leveraged for informed decision-making in 2023 and beyond.