Agricultural products form another dimension of Turkey's exports to Germany and Germany has a major stake of these items as recorded in Turkey Import Data report of recent years. The country's diverse climate and fertile lands contribute to its ability to produce a wide range of agricultural goods, including fresh fruits, vegetables, nuts, and olive oil.
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WHAT DOES TURKEY EXPORT TO GERMANY IN 2022.pdf
1. WHAT DOES TURKEY EXPORT TO GERMANY IN
2022?
In the intricate web of global trade, partnerships between countries play a pivotal
role in shaping economies and fostering growth. Among these partnerships, the
trading relationship between Turkey and Germany stands out as a significant
contributor to both nations' economic prosperity. As of 2022, Turkey remains a
crucial trade partner for Germany, exporting a diverse range of goods that reflect
the strengths of its economy. In this blog, we delve into the key exports that Turkey
provides to Germany in 2022 and explore the dynamics that underpin this vital
economic relationship.
2. MAJOR EXPORTS FROM TURKEY TO GERMANY
The main products that Turkey exported to Germany are Motor vehicles; parts and
accessories (8701 to 8705) ($1.3B), Engine Parts ($948M), and Cars ($819M). During
the last 26 years the exports of Turkey to Germany have increased at an annualized
rate of 5.23%, from $5.26B in 1995 to $19.8B in 2021.
Being one of the best trade partners across the globe, the major exports from
Turkey to Germany as per Turkey Export Data statistics in recent few years are:
Automotive and light vehicles
Textile and apparel
Machinery and industry equipment
Agricultural products
Food and beverages
Electrical equipment
Chemical products
1. AUTOMOTIVE COMPONENTS AND VEHICLES
One of the prominent sectors fueling Turkey's exports to Germany is the automotive
industry. Turkey has carved a niche for itself in the global automobile market,
exporting a considerable volume of automotive components and vehicles to
Germany. German automakers source essential parts, such as engines,
transmissions, and electronic components, from Turkish manufacturers. This
symbiotic relationship benefits both nations, with Turkey benefiting from
technology transfer and Germany enjoying cost-effective production.
2. TEXTILES AND APPAREL
Turkey's rich history in textiles and apparel production continues to resonate in its
trade with Germany. The German market appreciates the quality, diversity, and
competitive prices of Turkish textiles and apparel. This sector includes a wide array
of products, ranging from ready-to-wear clothing and home textiles to technical
3. textiles. Turkish textile manufacturers' ability to adapt to evolving consumer
preferences has enabled them to maintain a significant presence in the German
market, offering both fast fashion and high-quality products.
3. MACHINERY AND INDUSTRIAL EQUIPMENT
Turkey's prowess in manufacturing machinery and industrial equipment is another
cornerstone of its exports to Germany. This includes items such as industrial
machinery, agricultural equipment, and construction machinery. German industries
benefit from Turkish manufacturers' capacity to produce reliable and cost-effective
machinery, allowing them to optimize their operations and maintain global
competitiveness.
4. AGRICULTURAL PRODUCTS
Agricultural products form another dimension of Turkey's exports to Germany and
Germany has a major stake of these items as recorded in Turkey Import Data report
of recent years. The country's diverse climate and fertile lands contribute to its
ability to produce a wide range of agricultural goods, including fresh fruits,
vegetables, nuts, and olive oil. German consumers value the quality and variety of
these products, which find their way onto supermarket shelves and into kitchens
across the country.
5. FOOD AND BEVERAGES
The culinary delights of Turkey have transcended borders, making food and
beverages a noteworthy export to Germany. Traditional items such as Turkish
delight, baklava, coffee, and tea have gained popularity among German consumers.
Additionally, the growing trend of healthier eating habits has led to an increased
demand for Mediterranean cuisine, further boosting the export of products like
olive oil, dried fruits, and nuts.
6. ELECTRICAL AND ELECTRONIC EQUIPMENT
4. Turkey's electronics and electrical equipment sector has evolved rapidly, positioning
itself as a valuable exporter to Germany. Products like consumer electronics, home
appliances, and telecommunications equipment have become an integral part of
Germany's market. Turkish manufacturers' ability to produce these goods at
competitive prices, while meeting international standards, contributes to the
enduring appeal of their exports in the German market.
7. CHEMICALS AND PLASTICS
The chemicals and plastics industry is yet another sector that sees Turkey
contributing significantly to Germany's import portfolio. This sector encompasses a
broad range of products, including petrochemicals, plastics, and pharmaceuticals.
Turkey's strategic location, access to raw materials, and skilled workforce make it
an attractive partner for German industries seeking high-quality chemical and
plastic products.
CONCLUSION
Turkey's exports to Germany in 2022 reflect the diverse and dynamic nature of their
economic relationship. From automotive components to textiles, machinery to
agricultural products, the export landscape is a testament to Turkey's multifaceted
economy. The synergistic partnership between the two countries benefits both
sides, with Turkey finding a receptive market for its goods and Germany benefiting
from cost-effective production and access to quality products.
As global dynamics continue to evolve, Turkey and Germany's trade partnership
serves as an exemplar of cooperation and mutual benefit. While geopolitical and
economic shifts can influence the trading landscape, the robustness of their
relationship is a testament to the resilience and adaptability of both nations'
economies. To understand more about these nations’ trade statistics, you surely
have to contact TradeImeX so as to build awareness and deep trade related insights.