What Can I Import From Turkey?
(Last Updated On: 10/01/2023)
Hottest Products to Import From Turkey for 2023
Below are the hottest products to export from Turkey, with large growth potential:
- Knitwear and Fashion Apparel ($16.676 billion in 2021, 23% increase)
- Jewelry ($21.51 billion in 2021, 33.7% increase)
- Turkish Carpets ($2.605 billion in 2020, 2.8% increase)
- Turkish Furniture ($4.28 billion in 2021, 23.9% increase)
- Turkish Ceramics ($1.2 billion in 2021)
- Turkish Suits
When considering what countries to import products from, imports from Turkey should be definitely considered. Turkey has a preferential trading agreement with the EU offering some great advantages as far as the EU Turkey customs union, making trade in 2023 look increasingly strong for Turkeys’ exports.
What I’ve Personally Imported From Turkey
In the following video Alan Bracken talks about the advantages of importing from Turkey. He touches on his personal experiences doing business in Turkey as well as some of the best items to import that Turkey has to offer:
- Preferential Trading with Turkey
- Fruits and Vegetables
- Importing Clothes From Turkey
- Catering and Hospitality
- Leather Goods
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Turkey’s Exports Leapt to Record of Nearly $225.4B in 2021
Turkey’s exports leapt to record of nearly $225.4B in 2021. Right now is the time to take advantage of this breakout in business confidence coming from Turkey. Turkey is hot!
Foreign sales surged by 32.9% year-over-year in 2021, forcing a welcome upward revision in the export target for 2022 to $250 billion. Exports have grown more than sixfold compared to only $36 billion some 19 years ago.
The pandemic hurt trade with Ankara’s biggest partners but Turkey’s exports have not only recoeved by seen all-time highs in 11 out of the last 12 months.
By October 2021, the country’s share in global exports had surpassed 1%, another first for Turkey, that marked a more than sixfold rise over the past two decades.
he number of firms carrying out exports hit 101,386 as of end-2021, compared to just 33,523 back in 2002. Last year alone, over 32,000 new firms joined the list.
Record Sales to Germany, U.S., U.K.
Exports to the European Union, where almost half of Turkey’s exports go, surged 33% year-over-year to $93.1 billion, enabling Turkey to post a surplus of around $7.7 billion in trade with the bloc.
Sales to the U.S. were up 44.6% year-over-year, or $4.54 billion, the data showed.
Exports to the U.K. surged 22% in the first year after Ankara and London signed a post-Brexit free trade agreement in December 2020 to support a trade partnership worth over $25 billion.
Now’s the time to get onboard with further growth forecast for Turkeys’ exports. Selling products to an EU country or in the UK can offer a high profit margin as product quality is superior for many products, as seen below and maintain a high selling price.
If you’re looking for some ideas to import from Turkey and sell here’s our 6 hottest ideas for 2022:
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“I cannot give you the formula for success, but I can give you the formula for failure. It is: Try to please everybody.”
MURAT IRGATOĞLU
