Turkey is a country that heavily relies on trade to sustain its economy. In 2023, Turkey's total import value amounted to $200 billion, making it the 25th largest importer in the world.

TOP 10 IMPORTING PRODUCTS OF TURKEY IN 2023, AS PER TURKEY IMPORT CUSTOM DATA PROVIDED BY IMPORT GLOBALS

1) Petroleum and Mineral Fuels - With a value of $16.8 billion, petroleum and mineral fuels were the top imported product for Turkey in 2023. This is not surprising as Turkey has limited natural resources in terms of oil reserves and relies heavily on imports to meet its energy demands.

2) Machinery - Machinery was the second most imported product with a value of $15.6 billion. This includes equipment such as computers, electrical machinery, and mechanical appliances. As Turkey continues to develop its industrial sector, the demand for machinery imports is expected to increase even more in the coming years.

3) Vehicles - In 2023, vehicles worth $12 billion were imported into Turkey. This includes cars, trucks, buses, and other types of vehicles. The high import value can be attributed to the increasing demand for transportation within the country as well as exports to neighboring countries.

4) Iron and Steel - As one of the main materials used in construction and manufacturing industries, iron and steel had an import value of $11 billion in 2023 for Turkey. Despite having its own steel production industry, Turkey still needs significant amounts of imports to meet domestic demand.

5) Electrical Machinery - Another important category under machinery imports is electrical machinery which had a value of $10 billion last year. This includes items such as generators, transformers, telecommunication equipment,and household appliances.

6) Plastics - With a growing population and consumer market,Turkey needs a constant supply of plastic products for packaging,durablegoods,and other applications.This resulted in an import value of $8 billion for plastics in 2023.

7) Pharmaceuticals - Turkey's aging population and increasing demand for healthcare has led to a significant increase in pharmaceutical imports. In 2023, the country spent $6.5 billion on importing medicines and other pharmaceutical products.

8) Organic Chemicals - Turkey's chemical industry is growing rapidly,and it requires a constant supply of raw materials such as organic chemicals which had an import value of $4.5 billion last year.

9) Medical Instruments - With the COVID-19 pandemic,focus on healthcare has increased,leading to a rise in medical instrument imports worth $4 billion in 2023.These include surgical instruments,diagnostic equipment,and medical devices.

10) Iron and Steel Articles - Besides importing raw iron and steel,Turkey also imports finished products such as pipes,tubes,and other articles worth$3.5 billion.This shows the country's reliance on imported goods even in the manufacturing sector.

Turkey is a major player in the global trade scene, with its strategic location connecting Europe and Asia making it an ideal hub for import and export activities. According to Turkey Import Data, we will take a closer look at Turkey's top 10 importing trade partners of 2023.

1. Germany - With a value of $19.8 billion, Germany is Turkey's top importing partner. The two countries have strong economic ties, with Germany being Turkey's largest trade partner overall. Key imports from Germany include machinery, chemicals, and vehicles.

2. China - As one of the world's largest economies, China holds a significant position in Turkey's import market with a value of $18 billion. Textiles, electronics, and consumer goods are among the top imports from China to Turkey.

3. Russia - Despite political tensions between the two countries in recent years, Russia remains an important trading partner for Turkey with a value of $14 billion in imports. Energy products such as oil and natural gas make up a large portion of these imports.

4. United States - The US is another key trading partner for Turkey with a value of $13 billion in imports last year. Machinery, electrical equipment, and pharmaceuticals are some of the top imported goods from the US to Turkey.

5. Italy - Italy has long been an important trading partner for Turkey due to its close proximity and strong commercial ties dating back centuries ago during their time as empires. Imports from Italy amounted to $11 billion last year, consisting mainly of machinery, textiles, and transportation equipment.

6. France - Another European country on this list is France with a value of $9 billion in Turkish imports last year. Like other European nations on this list, machinery is one of the main items imported from France along with pharmaceuticals and vehicles.

7. Malaysia- Malaysia has emerged as one of the fastest-growing trade partners for Turkey in recent years, with imports worth $7.5 billion in 2023. Malaysia's top exports to Turkey include electrical equipment, machinery, and mineral fuels.

8. South Korea - With a value of $6 billion in imports last year, South Korea is also a top trading partner for Turkey. Cars, electronics, and machinery are some of the key imported goods from South Korea.

9. United Kingdom - Despite Brexit uncertainties, the UK remains an important trade partner for Turkey with a value of $5 billion in imports last year. Chemicals, machinery, and vehicles are among the top imports from the UK to Turkey.

10. Saudi Arabia - Rounding up the list is Saudi Arabia with a value of $4 billion in Turkish imports last year. As one of the world's largest oil producers, energy products make up a significant portion of these imports along with chemicals and metals.

How to get more details about Turkey Import Data?

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By subscribing to our service, you will have access to detailed information of Turkey Import shipments globally. This includes company names, product descriptions, quantities, values, destination countries, ports etc... With the help of Turkey Import Shipment data at your fingertips, you can identify potential business partners or competitors and stay ahead of industry trends. www.importglobals.com ; info@importglobals.com