14 Aug 6-1 Discussion
Major Trading Partners
Exports: EU, Iraq, Russian Federation, United States, UAE
Imports: EU, Russian Federation, China, United States, Iran
Major Imports/Exports
Exports:
Agricultural products 11.5
Fuels and mining 8.7
Manufactures 76.1
Apparel, foodstuffs, textiles, metal manufactures, transport equipment (Central Intelligence Agency, 2015)
Imports:
Agricultural products 6.7
Fuels and mining 25.1
Manufactures 57.9
Machinery, chemicals, semi-finished goods, fuels transport equipment (Central Intelligence Agency, 2015)
Regional Trade
Agreements and
Member Countries
Economic Cooperation Organization; EFTA-Turkey; Egypt – Turkey; EU – Turkey; Republic of Korea – Turkey; Turkey- Albania; Turkey – Bosnia and
Herzegovina; Turkey-Chile; Turkey – Macedonia; Turkey- Georgia;
Turkey- Israel; Turkey – Jordan; Turkey- Mauritius; Turkey – Montenegro;
Turkey- Morocco; Turkey – Palestinian Authority; Turkey- Serbia; Turkey Syria; Turkey – Tunisia
Business Observations:
• Proximity seems to influence the determination of heavy trading partners. The access to the EU, Russia, and Iran is appealing.
• As apparel and textiles are already major exports, there could be existing competition, but it also means an existing skilled labor force.
• Turkey maintains trade agreements with much of the Middle East, parts of Africa, as well as a large part of Europe. The agreement with the EU gives access to 28 member countries. This does increase the competition for certain products, but it also makes Turkey an ideal place for investment because of the access already established.
References
Central Intelligence Agency. (2015). The world factbook: Turkey. Retrieved from https://www.cia.gov/library/publications/the-
world-factbook/geos/tu.html
World Trade Organization Country Profile. (2014). Turkey. Retrieved from http://stat.wto.org/CountryProfiles/TR_E.htm
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Wridemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Place Order” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.