General

Watson & Band Import and Export Data Observation Report: Turkey is a well-known trade center that provides many export products to the world. According to import and export data, Turkey's total exports in 2021 will reach 225.368 billion US dollars, an increase of 32.9% over the previous year and a record high. We will analyze Turkey's export market, related data and some export products.

Turkey's export market is complex and lucrative. According to import and export data, in 2020, Turkey's GDP ranks 19th in the world. They are ranked 29th in total exports and 79th in GDP per capita.

The most frequently exported countries from Turkey are Germany, the UK, the US, Iraq and Italy. Considering that these countries come from different parts of the world, Turkey's exports can meet various market needs.

According to Huacheng Import and Export Data Observation report, in 2020, Turkey's export volume exceeded 177 billion US dollars, which is a huge number. And this number is still increasing year by year, which means that the export economy is an important industry and it is worth joining. For example, between 2009 and 2019, Turkey's exports to the US alone increased by 190%.

A growing market is worth joining, so if you are considering starting an SME export business in Turkey, now is the time.

        According to Watson & Band Import and Export Data Observatory, Turkey is the 16th largest auto exporter in the world, mainly selling to France, Italy, Germany, the United Kingdom and Spain. Car brands that produce cars in Turkey are Toyota, Honda, Opel, Hyundai and Mercedes Benz. To join Turkey's auto export industry, you don't need to start a factory that manufactures complete vehicles, you can consider B2B sales of vehicle parts or accessories.

Next is the machine! This includes boilers, mechanical equipment and various mechanical components. In 2020, the machinery industry accounted for $15.6 billion of Turkish exports. The industry is developing rapidly and the growth rate is higher than Turkey's overall economy. More than 200 countries worldwide use Turkish machinery, most of which are exported to the United States. Turkey's machinery industry boasts superb engineering skills, adaptability to new technologies, high-quality infrastructure and facilities, and excellent quality assurance.

Then there is the export of metals, especially steel, which ranks third at $8.8 billion. Turkey is the world's largest exporter of raw iron bars in 2020. Pig iron rods are made of iron and steel, so it's no surprise that these two metals are Turkey's biggest exports. These materials are used to produce other goods, so they are exported to countries with large production centers. Turkish metals are exported to China, Germany, the United States, Hong Kong and Israel. Steel is a great option if you are thinking of starting a metal export business.

4 tips for Turkish SME exporters

You have decided that you want to be an SME exporter and you have chosen the products you want to sell. Now, you need to understand these considerations.

1 Find potential customers

The first step to becoming a successful exporter is building useful customer connections, and making connections is an essential part of any business. But it is crucial for exporters looking to access global markets.

With Huacheng Chuangzhi, you can directly obtain the contact information of prospective customers, thereby establishing valuable connections.

Huacheng Chuangzhi system can extract information according to the industry keywords provided by platform users, connect the US server to connect 5708 servers around the world, integrate 508 mainstream search engines and 25 general search engines in the world, and the search results cover 187 foreign trade companies around the world. country and region. 365 days of continuous update and optimization of global user information, continuous mining of highly active customer data sources, to ensure that platform users can timely, accurately and quickly find the customer information they need.

2. Understand the financial situation

When you become an SME exporter in Turkey (or anywhere), you need to determine your financial situation. You need to understand cost, retail value, revenue, profit, and more.

3 Understand business customs

If you have no previous business experience, these are important steps you need to take note of. How should you start sending emails? What is the expected turnaround time for email communications? You should know the answers to these questions and more.

4. Understand the sales market

Where do you plan to export to? Having identified which markets need your products, you should know their market data and trends, etc. Knowing yourself and knowing your enemy can help you win a hundred battles.