Turkey
Turkey, country that occupies a unique geographic position, lying partly in Asia and partly in Europe. Turkey is situated at the crossroads of the Balkans, Caucasus, Middle East, and eastern Mediterranean. It is among the larger countries of the region in terms of territory and population, and its land area is greater than that of any European state.
Turkey is situated at the crossroads of the Balkans, Caucasus, Middle East, and eastern Mediterranean. It is among the larger countries of the region in terms of territory and population, and its land area is greater than that of any European state.
Turkey in Brief:
Capital:
Ankara
Currency:
Turkish lira
Language:
Turkish
Time Zone:
(GMT+3)
Turkey & Logistics:
Turkey’s strategic location, bridging continental Europe with the Middle East and Asia, makes it the perfect transport and logistics hub. The Turkish sector is relatively young in but is expanding rapidly, in parallel with the nation’s impressive economic growth.
A contrast exists in the domestic and international transport networks established by Turkey. Road transport, for example, dominates internal freight distribution. Overseas trade looks much different, as shipping holds the greatest market share.
85% of domestic freight by volume is handled by trucking and road transport – an overwhelming majority compared with the next largest market sector, rail, with 5%. But, once freight leaves Turkey, the story is quite different. Foreign trade is dominated by shipping, which accounts for 85% of freight by volume, followed by road transport with 11% and air with 1%.
With serious government backing, space for international and private investment to make an impact, and an expanding market, transport & logistics in Turkey is going from strength to strength. The country should be firmly on all transport and logistics professionals’ radars for the lucrative rewards they could reap in Turkey.
Top Imports of Turkey:
- Gold ($17.1B)
- Refined Petroleum ($9.8B)
- Cars ($8.78B)
- Vehicle Parts ($6.34B)
- Scrap Iron ($5.84B)
Top Exports of Turkey:
- Vehicles: US$26.8 billion (15.9% of total exports)
- Machinery including computers: $15.8 billion (9.4%)
- Iron, steel: $11.6 billion (6.9%)
- Knit or crochet clothing, accessories: $9.1 billion (5.4%)
- Electrical machinery, equipment: $8.7 billion (5.2%)
- Gems, precious metals: $7.2 billion (4.3%)
- Articles of iron or steel: $6.5 billion (3.9%)
- Clothing, accessories (not knit or crochet): $6.3 billion (3.7%)
- Plastics, plastic articles: $6 billion (3.6%)
- Mineral fuels including oil: $4.4 billion (2.6%)
Main Ports of Turkey:
- Haydarpasa
- Ambarlı
- Izmir
- Mersin.
Except Ambarli, the other three ports are operated by a large governmental agency namely TCDD (Turkish State Railways).
Our Key Products
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