Türkiye: boom in Made in Italy exports

The export shares of Made in Italy in Türkiye are increasing. In fact, the data relating to trade flows between Italy and Türkiye are excellent. As reported by the Italian Ambassador in Ankara, Gianpaolo Scarante, during a meeting in Istanbul with Italian entrepreneurs, our exports stood at around 13.4 billion dollars, or the same figure recorded in 2011, in which the total value of import-export with Turkey had reached its highest levels, reaching 21.3 billion dollars.

The number of our companies operating in Turkey is also growing, currently 975, as are our Foreign Direct Investments, which have experienced an increase of 50%.

Overall, our trade with Turkey stood at around 19.7 billion USD; the drop in imports should be highlighted, which recorded a value of 6.3 billion USD.

These data demonstrate how our presence in Turkey remains of significant importance, since Italy is the sixth commercial partner on a global level. This is the ranking of the top five: Germany (34.5 billion USD of trade), Russia (33.3 billion USD), China (24.1 billion USD), Iran (21.8 billion USD) and the United States (19.7 billion USD).

These numbers continue to demonstrate something very important for businesses in our beautiful country. Turkey appreciates Made in Italy products more and more, and now more than ever it can be said that Italian companies must take advantage of this trend to increase their profits and their turnover not only on the national market, but also on the international market and in a fast-growing country like Turkey. Not only that: exporting or in any case establishing a presence abroad also brings a discreet competitive advantage to your company.

Manlio Urbano – Türkiye and Made in Italy

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