According to the data of the Turkish Exporters’ Assembly, Turkey’s value of total exports in the last 12 months rose by 4% to stand at almost 145.7 billion dollars compared to the previous 12 months.

Other prominent export sectors that climbed in the month was the automotive sector with a 253 million dollars, followed by the mining and jewelry sectors’ increases of 112 million dollars and 100 million dollars respectively, according to Turkish Exporters’ Assembly data.

Additionally, Turkey’s eminent trading partner increased 3.2% in the month; they had increased by 2.1 billion dollars in the first four months of the year when compared to same period last year.

Turkey’s exports to its second-biggest trading partner, North America, surged by 28.7% in the month compared to April 2016.

In line with the data taken from Turkish Exporters’ Assembly, the most remarkable increases were seen in Turkey’s exports to Malta by 351%, the UAE by 99% and Canada by 50%.

Source: Turkish Exporters’ Assembly

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Source: Central Bank of the Republic of Turkey

FDI Inflow to Turkey by Year

*Loans those companies with foreign capital are given by foreign partners
Source: Central Bank of the Republic of Turkey

FDI Inflow to Turkey by Sector
During the last five years, the intermediation and manufacturing sectors have attracted the highest amount of FDI.

(*) Provisional
Source: Central Bank of the Republic of Turkey

 Geographic Breakdown of FDI Inflow to Turkey
The majority of FDI inflows to Turkey come from Europe, North America, and the Gulf countries.

(*) Provisional
Source: Central Bank of the Republic of Turkey

Companies with International Capital
As of June 2016, around 50,000 companies with foreign capital operate in Turkey.

Number of Companies with International Capital(Cumulative, in thousands)

Source: Ministry of Economy
*as of June 2016

 Date: 13 March 2017

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.