3. The term import is derived from the conceptual meaning as to bring in the
goods and services into the port of country
The buyer of such goods and services is referred to an
“ importer “
Import
3
4. The term export is derived from the conceptual meaning as to ship the goods
and services out of the port of country
The seller of such goods and services is referred to an
“ exporter “
Export
4
5. Reasons to Import include:
Specialization of labor
Global rivalry
Local unavailability
Diversification
Top Management outlook
5
8. Turkey’s economy is open to foreign trade, which
represents 60.2% of its GDP (World Bank, 2018) :
Trade in turkey
Gross domestic product (GDP) is the standard measure of the value
added created through the production of goods and services in a country during
a certain period. As such, it also measures the income earned from that
production, or the total amount spent on final goods and services . The GDP is
the single most important indicator to capture economic activity 8
9. Automobile (13.2% of total exports
including passenger cars, transport
vehicles and accessories for vehicles)
motor cars and accessories (6.3% in
total),
textile
petroleum and steel
products : (3,9)
jewellery (4.2%) were top
exports of Turkey in 2017
Export
9
11. export
import
the evolution of trade
balance has been
traditionally linked to
economic growth. In 2018,
Turkey's non-service
imports totalled USD 223
billion, whereas the total
value of its exported goods
reached USD 168 billion.
12. Turkish trade structure has been characterised
by a wide deficit (USD 41,9 billion) mainly due to
energy imports and most of its exports being tied
to imports of intermediate, semi-finished or raw
products.
12
14. Foreign Trade
Values
2015 2016 2017 2018 2019
Imports of
Goods (million
USD)
20,221 19,462 20,654 22,705 21,555
Exports of
Goods (million
USD)
14,073 13,572 14,204 15,534 14,933
Imports of
Services (million
USD)
2,590 3,002 2,780 2,990 2,907
Exports of
Services (million
USD)
3,022 3,136 3,119 3,697 4,127
Tunisia’s economy is focused on boosting exports, foreign
investment and tourism, all of which have become central to the
country’s economy.
14
15. Tunisia's foreign trade represents 111% of its GDP.
Tunisia's main exporting industry are :
Wire and cable
manufacturing
Textile Dates , figs Olive oil
15
16. Motor cars Petroleum gas Computer and
informations
services
Wheat,
transportation
and travel
Import
16
17. The exports with the best growth are in the mining
sector:
phosphates and
derivatives
the mechanical
and electrical
industries,
textiles,
the energy
sector and other
manufacturing
industries.
17
18. •Tunisia's imports and exports have grown progressively
since 2016, along with the trade deficit as imports have risen
faster than exports.
•Tunisia's imports of goods stood at USD 22.7 billion in
2018, against USD 15.5 billion for exports
•Tunisia posted a deficit notably with China, Algeria, Italy,
Turkey and Russia. On the other hand, the country
registered a trade surplus with France and Morocco.
Tunisia's trade balance is structurally negative.
18
19. The EU is Tunisia's largest trading partner, accounting for
64% of its trade in 2017: 78,5% of Tunisia's exports went
to the EU, and 54,3% of Tunisia's imports came from the
EU.
Total trade in goods between the EU and Tunisia in 2017
amounted to €20,5 billion.
The Gap between tunisia and
turkey:
Tunisia is the EU’s 34th trading partner representing 0.6%
of the EU’s total trade with the world.
19
20. 1
• machinery and
transport
2
• textiles and clothing
3
• agricultural products
The EU's imports from Tunisia
are mostly made up of :
1
• machinery and
transport equipment
2
• textiles and clothing
3
• chemicals, and fuels
and mining products.
The EU's exports to Tunisia
are dominated by :
20
21. The EU is by far Turkey’s number one import and export partner, as
well as source of investments.
EU goods exports to Turkey in 2019 fell by 1.3% to €68.2bn, while
imports from Turkey rose by 4.4% to €69.8bn. Overall trade in goods
thus amounted to €138 billion in 2018.
Imports into Turkey come from the following key markets: the EU (
32.3%), Russia, China, USA and India.
While , Turkey was the EU’s 5th largest trading partner,
export market and provider of imports.
21
22. EU exports to Turkey are
dominated by :
Machinery
transport equipment
chemical products
Turkey's exports to the EU
are mostly:
transport equipment
textile articles
machinery.
22
23. Globalization and free trade do spur
economic growth, and they lead to
lower prices on many goods
Robert reich
23
24. from this quote, what solution do you
propose to Tunisia's trade…….
24
25. 25
Consume less and save more
Deprecite the exchange rate
Make a good business plan
Focus on building relationships
Lower Prices
Change payment methods
Examine all logistical fees
Reduce currency exchange costs
Tax capital inflows
Solution
26. 26
Trade increases competition and lowers world
prices, which provides benefits to consumers by
raising the purchasing power of their own
income, and leads a rise in consumer surplus.
Trade also breaks down domestic monopolies,
which face competition from more efficient
foreign firms.
Conclusion: