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“ECONOMIC REVIEW AND TURKEY’S TRADE WITH FINLAND”

“ECONOMIC REVIEW AND TURKEY’S TRADE WITH FINLAND”. 14.09.2011. Embassy of Turkey, Office of the Commercial Counsellor. FOREIGN TRADE OUTLOOK. September 2011. * TURKEY AT A GLANCE * TURKISH ECONOMY IN THE WORLD * FOREIGN TRADE DEVELOPMENTS OF TURKEY * TRADE WITH FINLAND.

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“ECONOMIC REVIEW AND TURKEY’S TRADE WITH FINLAND”

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  1. “ECONOMIC REVIEW AND TURKEY’S TRADE WITH FINLAND” 14.09.2011 Embassy of Turkey, Office of the Commercial Counsellor

  2. FOREIGN TRADE OUTLOOK September 2011 * TURKEY AT A GLANCE * TURKISH ECONOMY IN THE WORLD * FOREIGN TRADE DEVELOPMENTS OF TURKEY * TRADE WITH FINLAND Embassy of Turkey, Office of the Commercial Counsellor

  3. TURKEY AT A GLANCE; STORY OF A FASTEST DEVELOPING DEMOCRATIC COUNTRIES IN THE WORLD... September 2011 Embassy of Turkey, Office of the Commercial Counsellor 3

  4. MEMBERSHIP TO INTERNATIONAL ORGANIZATIONS MEMBER OF THE WTO MEMBER OF THE ORGANIZATION OF ISLAMIC CONFERENCE CUSTOMS UNION WITH THE EUROPEAN UNION TURKEY MEMBER OF THE NATO MEMBER OF THE OECD FOUNDING MEMBER OF THE ORGANIZATION OF BLACK SEA ECONOMIC COOPERATION FOUNDING MEMBER OF THE ECONOMIC COOPERATION ORGANIZATION FREE TRADE AGREEMENTS WITH THE EFTA & THE CEE COUNTRIES September 2011 Embassy of Turkey, Office of the Commercial Counsellor 4

  5. TURKISH ECONOMY IN THE WORLD... September 2011 Embassy of Turkey, Office of the Commercial Counsellor 5

  6. TEXTILES INDUSTRY AS TURKEY IS 1ST HOME TEXTILES EXPORTER IN THE WORLD AND SECOND TEXTILES SUPPLIER IN THE EU MARKET. 6 Embassy of Turkey, Office of the Commercial Counsellor

  7. CEMENT INDUSTRY PRODUCTION 3rdin EUROPE EXPORTS 2ndin the WORLD 7 Embassy of Turkey, Office of the Commercial Counsellor

  8. JEWELRY TURKEY IS THE 6THJEWELRY PRODUCER IN THE WORLD 8 Embassy of Turkey, Office of the Commercial Counsellor

  9. IRON AND STEEL TURKEY IS THE WORLD LEADER IN PRODUCTION OF STEEL BARS AND RODS IN THE WORLD WITH %17 OF GLOBAL PRODUCTION. 9 Embassy of Turkey, Office of the Commercial Counsellor

  10. ELECTRONICS TURKISH TELEVISION INDUSTRY RANKS 2ND IN THE EUROPEAN MARKET. TURKISH HOME APPLIANCES INDUSTRY RANKS 4TH IN THE EUROPEAN MARKET. 10 Embassy of Turkey, Office of the Commercial Counsellor

  11. TRUCKS AND TRANSPORTATION VEHICLES EXPORTS 5THin the WORLD 2ndin the EU 11 Embassy of Turkey, Office of the Commercial Counsellor

  12. TOURISM POTENTIAL of TURKEY 7TH BIGGEST TOURIST DESTINATION IN THE WORLD IN 2010 MORE THAN 27 MİLLON TOURISTS VISITED TURKEY INCREASED 22 TIMES 1980 1.2 Million 12 Embassy of Turkey, Office of the Commercial Counsellor

  13. World’s Biggest Economies (Turkey is 16th biggest GDP based on Purchasing Power Parity, Trillion Dolar, 2009) * In 2010, with 1,038 billion USD (puchasing power parity), she is at 15th place (World Bank) or 16th place (IMF, CIA) September 2011 Embassy of Turkey, Office of the Commercial Counsellor 13

  14. Europe’s Biggest Economies (GDP based on Purchasing Power Parity, Trillion Dolar, 2009) * In 2010, Turkey has again 6th biggest economy in Europe. Source: IMF, World Economic Outlook September 2011 Embassy of Turkey, Office of the Commercial Counsellor 14

  15. GDP Developments of Some Regions and Countries (2010) Source: IMF Outlook • In Medium Term Program (2011-2013), it was predicted that Turkey will grow by 6.8%. Turkish economy grown by 8.9%. Embassy of Turkey, Office of the Commercial Counsellor

  16. Growth Forecasts for Some Economies Source: IMF, OECD, European Commussion • IMF has updated its growth forecasts and raised the annual growth rate prediction of Turkey for 2011 to 4.6 %. September 2011 Embassy of Turkey, Office of the Commercial Counsellor 16

  17. Comparison of Europe and Turkey:Real GDP Growth (2001=100) September 2011 Embassy of Turkey, Office of the Commercial Counsellor 17

  18. FOREIGN TRADE DEVELOPMENTS OF TURKEY... September 2011 Embassy of Turkey, Office of the Commercial Counsellor 18

  19. Annual Exports (Billion USD) (*) Annualized as of June 2011 Source: TURKSTAT Embassy of Turkey, Office of the Commercial Counsellor September 2011

  20. Foreign Trade Developments 2009 - 2010 / Jan.-June 2011 Source: Turkstat * Chapter 27 is used for Energy In the period of January-June 2011 compared with the same month in 2010, • Exports and imports increased by 19.9 % and 43.4 % respectively. • Trade deficit reached to 54.0 billion dollars , rising by 88.2 %. September 2011 Embassy of Turkey, Office of the Commercial Counsellor 20

  21. Main Export Destinations (January-June 2011) The Main Trade Partners Main Import Partners (January-June 2011) (Billion Dollars) (Billion Dollars) Source:Turkstat September 2011 Embassy of Turkey, Office of the Commercial Counsellor 21

  22. Breakdown of Exports by Regions Source: TURKSTAT September 2011 Embassy of Turkey, Office of the Commercial Counsellor 22

  23. Exports (ISIC) ISIC: International Standard Industrial Classification Source:Turkstat September 2011 Embassy of Turkey, Office of the Commercial Counsellor 23

  24. Imports(BEC) BEC: Broad Economic Categories Source: Turkstat September 2011 24

  25. Main Items of Exports * % change is based on exports September 2011 Embassy of Turkey, Office of the Commercial Counsellor Source: TURKSTAT 25

  26. Main Items of Imports *% changebased on imports Source: TURKSTAT September 2011 Embassy of Turkey, Office of the Commercial Counsellor 26

  27. TRADE WITH FINLAND... September 2011 Embassy of Turkey, Office of the Commercial Counsellor 27

  28. Foreign Trade of Finland September 2011 Embassy of Turkey, Office of the Commercial Counsellor 28

  29. Main Trade Partners of Finland September 2011 Embassy of Turkey, Office of the Commercial Counsellor 29

  30. Major Import Items of Finland in 2010 September 2011 Embassy of Turkey, Office of the Commercial Counsellor 30

  31. Major Export Items of Finland in 2010 September 2011 Embassy of Turkey, Office of the Commercial Counsellor 31

  32. Foreign Trade Between Turkey and Finland($) September 2011 Embassy of Turkey, Office of the Commercial Counsellor 32

  33. Finland-TurkeyExports-Imports Comparison September 2011 Embassy of Turkey, Office of the Commercial Counsellor 33

  34. Finland-TurkeyTrade Balance and Volume September 2011 Embassy of Turkey, Office of the Commercial Counsellor 34

  35. First 10 Items Exported from Turkey to Finland in 2010 September 2011 Embassy of Turkey, Office of the Commercial Counsellor 35

  36. First 10 Items Imported from Finland to Turkey in 2010 September 2011 Embassy of Turkey, Office of the Commercial Counsellor 36

  37. THANK YOU!... September 2011 Embassy of Turkey, Office of the Commercial Counsellor 37

  38. CONTACT INFORMATION OF THE OFFICE OF THE COMMERCIAL COUNCELLOR: WEB PAGE: http://www.counsellors.gov.tr/Tel: 9 477 41 70Fax: 9 44 44 92E-mail: helsinki@economy.gov.tr September 2011 Embassy of Turkey, Office of the Commercial Counsellor 38

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