Being topographically essential junction between Europe, Asia, and the Center East, Turkey has been a fundamental player in global exchange for quite a long time. Today, the nation keeps on major areas of strength for fashioning organizations with different countries, setting its situation as a foreign trade center.

1. WHO IS A MAJOR TRADE PARTNERS OF TURKEY?
BRIEF OVERVIEW
Being topographically essential junction between Europe, Asia, and the Center East,
Turkey has been a fundamental player in global exchange for quite a long time.
Today, the nation keeps on major areas of strength for fashioning organizations with
different countries, setting its situation as a foreign trade center. Today we will
investigate Turkey's significant trade partners, analyzing the vital nations with
whom it shares significant monetary ties and the meaning of these connections in
driving the country's financial development and improvement.

2. TOP TRADE PARTNERS OF TURKEY
Being one of the major trading country, Turkey has developed its own unique value
in the global market, making it the most viable trade alternative in the world. As
per Turkey Trade Data reports, the biggest trade partners of the nation are as
follows:
MAJOR TRADE PARTNERS OF TURKEY (2022)
COUNTRY IMPORTS EXPORTS
Germany USD 24.03 billion USD 21.14 billion
United Kingdom USD 5.90 billion USD 13.01 billion
United States USD 15.22 billion USD 16.88 billion
Iraq USD 5.90 billion USD 13.75 billion
China USD 41.35 billion USD 3.28 billion
1. GERMANY
Among the EU nations, Germany merits exceptional consideration as Turkey's most
huge individual exchanging partner. The solid monetary ties among Turkey and
Germany are the consequence of vigorous modern participation and a sizable
Turkish diaspora in Germany. The two nations take part in bilateral exchange of
different labor and products, with hardware, vehicles, and synthetic compounds
being significant things in the exchange stream.
Besides, German interest in Turkey has been significant, especially in assembling
and framework projects. This common coordinated effort keeps on encouraging
financial development and success for the two countries.
2. UNITED KINGDOM
Despite the uncertainties surrounding Brexit, the United Kingdom remains an
essential trade partner for Turkey. The two countries have a longstanding history of

3. economic cooperation, and Turkey's Customs Union agreement with the EU still
applies to trade with the UK until a new trade deal is reached.
The UK imports textiles, clothing, and agricultural products from Turkey, while
Turkish businesses benefit from British investments in various sectors. As the UK
seeks to establish its independent trade relationships post-Brexit, Turkey presents
significant opportunities for strengthening ties outside the EU framework.
3. UNITED STATES
The United States is another key trading partner for Turkey, with trade relations
spanning a wide range of industries. Both countries exchange machinery, vehicles,
precious metals, and pharmaceuticals, among other products. Additionally, Turkey's
strategic location between Europe and the Middle East makes it a crucial transit
point for goods flowing between the US and its trading partners in Asia and Africa.
Furthermore, Turkish-American business collaborations extend beyond trade to
encompass investments and joint ventures, leading to shared economic growth and
technological advancements.
4. IRAQ
Neighboring Iraq plays a vital role in Turkey's trade landscape due to its proximity
and energy reserves. Despite political challenges, the economic ties between the
two nations have remained strong. Turkey exports a diverse range of products to
Iraq, including construction materials, food products, and textiles.
Additionally, Iraq's oil and gas reserves present opportunities for Turkish companies
to participate in infrastructure projects and energy investments. This economic

4. partnership fosters regional stability and contributes to the development of critical
sectors in both countries.
5. CHINA
China has emerged as a significant trading partner for Turkey in recent years. The
economic complementarity between the two countries has facilitated the exchange
of goods as mentioned in Turkey Export Data reports, such as machinery, textiles,
and electronics. Turkey's strategic location along China's Belt and Road Initiative
(BRI) makes it an attractive destination for Chinese investments and trade
partnerships, connecting Europe and Asia.
Furthermore, Chinese investment in Turkey's infrastructure and energy sectors has
enhanced the country's economic capabilities, while Turkish products find a
substantial consumer base in the vast Chinese market.
CONCLUSION
Turkey's major trade partners play a crucial role in shaping its economic landscape
and driving growth and development in various sectors. The nation's strategic
geographic location, coupled with its dynamic and diverse economy, has attracted
significant trade and investment from countries across the globe. The partnerships
with the European Union, Germany, the United Kingdom, the United States, Iraq,
and China have not only boosted Turkey's exports but also facilitated valuable
imports that contribute to its industrial and technological progress.
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