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MINISTRY of ECONOMYDOING BUSINESS
WİTH TURKEY
M. Emrah SAZAK
Chief Commercial Counsellor
Embassy of Republic of Turkey
A - FIGURES ABOUT TURKEY ECONOMY
B - TRADE FIGURES BETWEEN TURKEY AND BULGARIA
C – THE ROLE OF THE COMMERCİAL COUNSELLOR
OUTLINE
Ministry of Economy 2
TURKEY - BRIDGE OF 3 CONTINENTS
Direct flight from Istanbul
to more than 100 countries and
250 destinations.
Turkey is Bridge between Asia, Europe and Africa.
Top 20 Economies (Current, PPP)
Source: World Bank
Turkey ranks as the 17th largest economy in the World and 6th in Europe.
4
GDP GROWTH
Ministry of Economy 5
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
5.30
9.40
8.40
6.90
4.70
0.70-4.80
9.208.80
2.10
4.10
2.90
Growth %
Turkey's Share in Global Merchandise Exports (%)
Ministry of Economy 6
2007 2008 2009 2010 2011 2012 2013 2014
0.77
0.820.81
0.75
0.74
0.83
0.81
0.80
Turkey’s share in global merchandise exports was %0.80 in 2014
Turkey's Share in Global Merchandise Imports (%)
Ministry of Economy 7
2007 2008 2009 2010 2011 2012 2013 2014
1.19 1.22
1.10
1.20
1.30 1.271.33 1.30
Turkey’s share in global merchandise import was % 1.30 in 2014
Turkey's annual trade with Bulgaria 2005-2014 (Million Euro)
Ministry of Economy 8
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
-500
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
991
1,3921,544
1,339
847
1,317
1,7331,958
2,004 2,073
888
1,105
1,5061,407
9351,067
1,076 1,1941,378 1,397
1,879
2,497
3,050
2,746
1,782
2,384
2,809
3,1523,382
3,470
102288
39 -69 -89
250657
763626 676
ExportsImportsForeign trade volumeForeign trade balance
Bulgaria’s export destinations (Million EUR / %)
Ministry of Economy 9
Germany
Turkey
Italy
Romania
Greece
France
Belgium
China
Russia
Holland
0 500 1,000 1,500 2,000 2,500 3,000
2,657 – 12.01 %
2,073 – 9.37 %
1,980 – 8.95 %
1,749 – 7.91 %
1,481 – 6.7 %
948 – 4.29 %
918 - 4.15 %
534 – 2.41 %
528 – 2.39 %
496 – 2.24%
Russia
Germany
Italy
China
Romania
Turkey
Greece
France
Poland
Czech republic
0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
4,075 – 15.56 %
2,937 – 11.21 %
1,826 – 6.97 %
1,783 – 6.81 %
1,406 – 5.37 %
1,397 – 5.33 %
1,167 – 4.46 %
810 – 3.09 %
748 – 2.86 %
550 – 2.1 %
Bulgaria’s import destinations (Million EUR / %)
Mineral fuels, oils, distillation products, etc
Copper and articles thereof
Electrical, electronic equipment
Wood and articles of wood, wood charcoal
Oil seed, oleagic fruits, grain, seed, fruit, etc, nes
Iron and steel
Lead and articles thereof
Plastics and articles thereof
Machinery, nuclear reactors, boilers, etc
Inorganic chemicals, precious metal compound, isotopes
Residues, wastes of food industry, animal fodder
Zinc and articles thereof
Glass and glassware
Cereals
Albuminoids, modified starches, glues, enzymes
0 100000 200000 300000 400000 500000 600000 700000 800000 900000
836787
545302
198834
170200
143292
139170
100227
81251
59072
53440
49135
41054
36413
33302
29003
The first 15 product groups that Bulgaria exports to Turkey (Thousand / USD)
Plastics and articles thereof
Machinery, nuclear reactors, boilers, etc
Electrical, electronic equipment
Copper and articles thereof
Knitted or crocheted fabric
Vehicles other than railway, tramway
Rubber and articles thereof
Iron and steel
Aluminium and articles thereof
Ores, slag and ash
Edible fruit, nuts, peel of citrus fruit, melons
Manmade staple fibres
Articles of iron or steel
Cotton
Articles of apparel, accessories, knit or crochet
0 50000 100000 150000 200000 250000190578
161864
147383
144201
121845
119235
104834
90197
80353
69135
62444
55231
51203
46991
45577
The first 15 product groups that Bulgaria imports from Turkey (Thousand / USD)
OUR MISSIONS
AS OFFICE OF THE COMMERCİAL COUNSELLOR OF TURKEY, WE ARE READY TO ENHANCE THE INTERLINKAGES BETWEEN TURKEY
AND BULGARIA
• Promote investment and trade between TURKEY and BULGARIA;
• Build strong relations with government organizations, business associations and non-profit organizations;
• Promote Turkish products and opportunities to local business;
• Promote investment and investment incentives in TURKEY;
• Help Turkish exporters to enter in the BULGARIAN market;
• Help Bulgarian buyers who are searching for opportunities in Turkey;
TOOLS
EMBASSY OF THE REPUBLIC OF TURKEYOFFICE OF COMMERCIAL COUNSELLOR AT SOFIA
• Pronounce and promote International Trade shows holding in Turkey;
• Invite and support buyers from Bulgaria who are interested in Turkey;
• Organize buyer programs for Turkish products;
• Access to exporter database and statistics in Turkey;
• Provide info to bulgarian buyers who want to contact Turkish suppliers;
• Advise Turkish exporters in understanding of Bulgaria market;
• Matchmaking for Turkish and Bulgarian companies;
go further with TURKEY
M. Emrah SAZAKChief Commercial Counsellor of Turkey
OFFICE OF COMMERCIAL COUNSELLOR Address: 98 Bulgaria Blvd. Floor 7Office 13 D-14DSofia, BulgariaTel :00 359 2 958 12 02Fax :00 359 2 958 14 25E-mail :[email protected]