Transcript PowerPoint Sunusu

“ECONOMIC REVIEW AND
TURKEY’S TRADE WITH FINLAND”
14.09.2011
Embassy of Turkey, Office of the Commercial Counsellor
FOREIGN TRADE OUTLOOK
* TURKEY AT A GLANCE
* TURKISH ECONOMY IN THE WORLD
* FOREIGN TRADE DEVELOPMENTS OF TURKEY
* TRADE WITH FINLAND
September 2011
Embassy of Turkey, Office of the Commercial Counsellor
TURKEY AT A GLANCE;
STORY OF A FASTEST DEVELOPING DEMOCRATIC
COUNTRIES IN THE WORLD...
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
3
MEMBERSHIP TO INTERNATIONAL ORGANIZATIONS
CUSTOMS
UNION
WITH THE
EUROPEAN UNION
MEMBER OF THE
OECD
FOUNDING
MEMBER OF THE
ECONOMIC
COOPERATION
ORGANIZATION
MEMBER
OF THE
WTO
TURKEY
FOUNDING
MEMBER OF THE
ORGANIZATION
OF BLACK SEA
ECONOMIC
COOPERATION
MEMBER OF
THE
ORGANIZATION
OF ISLAMIC
CONFERENCE
MEMBER OF
THE NATO
FREE TRADE
AGREEMENTS
WITH THE EFTA
& THE CEE
COUNTRIES
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
4
TURKISH ECONOMY IN THE WORLD...
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
5
TEXTILES INDUSTRY
AS TURKEY IS 1ST HOME
TEXTILES EXPORTER IN THE
WORLD
AND
SECOND
TEXTILES SUPPLIER IN THE
EU MARKET.
Embassy of Turkey, Office of the Commercial Counsellor
6
CEMENT INDUSTRY
EXPORTS
PRODUCTION
2nd in the WORLD
3rd in EUROPE
Embassy of Turkey, Office of the Commercial Counsellor
7
JEWELRY
TURKEY IS THE 6TH JEWELRY PRODUCER
IN THE WORLD
8
Embassy of Turkey, Office of the Commercial Counsellor
IRON AND STEEL
TURKEY IS THE WORLD LEADER IN PRODUCTION OF
STEEL BARS AND RODS IN THE WORLD
WITH %17 OF GLOBAL PRODUCTION.
9
Embassy of Turkey, Office of the Commercial Counsellor
ELECTRONICS
TURKISH TELEVISION
TURKISH HOME APPLIANCES
INDUSTRY RANKS 2ND IN
INDUSTRY RANKS 4TH IN
THE EUROPEAN MARKET.
THE EUROPEAN MARKET.
10
Embassy of Turkey, Office of the Commercial Counsellor
TRUCKS AND TRANSPORTATION VEHICLES
EXPORTS
5TH in the WORLD
2nd in the EU
11
Embassy of Turkey, Office of the Commercial Counsellor
TOURISM POTENTIAL of TURKEY
7TH BIGGEST TOURIST DESTINATION IN THE WORLD
IN 2010 MORE THAN 27 MİLLON TOURISTS VISITED TURKEY
1980
1.2 Million
INCREASED
22 TIMES
12
Embassy of Turkey, Office of the Commercial Counsellor
World’s Biggest Economies
(Turkey is 16th biggest GDP based on Purchasing Power
Parity, Trillion Dolar, 2009)
Poland
Taiwan
Iran
Australia
Turkey
Indonesia
Canada
Spain
Korea
Mexico
Italy
Brazil
France
Russia
UK
Germany
India
Japan
China
US
0,0
2,0
4,0
6,0
8,0
10,0
12,0
14,0
16,0
* In 2010, with 1,038 billion USD (puchasing power parity), she is at 15th
place (World Bank) or 16th place (IMF, CIA)
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
13
Europe’s Biggest Economies
(GDP based on Purchasing Power Parity, Trillion Dolar, 2009)
Switzerland
Austria
Greece
Sweden
Belgium
Netherlands
Poland
Turkey
Spain
Italy
France
United Kingdom
Germany
0,0
0,5
1,0
1,5
2,0
2,5
3,0
* In 2010, Turkey has again 6th biggest economy in Europe.
Source: IMF, World Economic Outlook
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
14
GDP Developments of Some Regions and Countries (2010)
India
10,4
China
10,3
8,9
Turkey
7,5
Brazil
5,5
Mexico
4,0
Russia
3,9
Japan
3,5
Germany
2,8
USA
1,8
EU (27)
1,3
United Kingdom
0,0
2,0
4,0
6,0
8,0
10,0
12,0
Source: IMF Outlook
 In Medium Term Program (2011-2013), it was predicted that Turkey will grow by 6.8%. Turkish
economy grown by 8.9%.
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
15
Growth Forecasts for Some Economies
Source: IMF, OECD, European Commussion
Growth Forecasts for Some Countries and Country-Groups(%)
Years
Turkey
Euro-zone
USA
Brazil
Russia
India
China
2011
4.6
2.0
2.5
4.1
4.8
8.2
9.6
2012
4.5
1.7
2.7
3.6
4.5
7.8
9.5
2016
4.0
1.7
2.7
4.2
4.0
8.1
9.5
OECD
2011
6.5
2.0
2.6
4.1
4.9
8.5
9.0
EU
2011
6.1
1.6
2.6
4.4
4.5
8.0
9.3
IMF
 IMF has updated its growth forecasts and raised the annual growth rate prediction of Turkey for
2011 to 4.6 %.
September 2011
Embassy of Turkey, Office of the Commercial Counsellor
16
Comparison of Europe and Turkey:
Real GDP Growth (2001=100)
160
150
140
130
120
110
100
Turkey
Portugal
Hungary
Italy
Poland
Euro Area
10 Q3
10 Q1
09 Q3
09 Q1
08 Q3
08 Q1
07 Q3
07 Q1
06 Q3
06 Q1
05 Q3
05 Q1
04 Q3
04 Q1
03 Q3
03 Q1
02 Q3
02 Q1
01 Q3
01 Q1
00 Q3
00 Q1
90
Spain
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
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FOREIGN TRADE DEVELOPMENTS OF TURKEY...
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
18
Annual Exports (Billion USD)
150
132,0
125
113,9 115,6
107,3
102,1
100
85,5
73,5
75
63,2
47,3
50
36,1
25
0
2002
2003
2004
2005
2006
2007
2008
2009
2010 2011*
(*) Annualized as of June 2011
Source: TURKSTAT
September 2011
Embassy of Turkey, Office of the Commercial Counsellor
Foreign Trade Developments
2009 - 2010 / Jan.-June 2011
Yearly (Billion Dollars) Change (%)
2009
102.1
3.9
4.6
140.9
29.9
2010
113.9
4.5
2.1
185.5
38.5
10/09
11.5
15.0
-55.3
31.7
28.7
Trade Balance
243.1
-38.8
299.4
-71.7
Trade Balan. excluding energy
-12.8
72.5
Exports (FOB)
Energy Exports
Exports of Gold
Imports (CIF)
Energy Imports
Trade Volume
Exports / Imports (%)
Jan.-June
(Million Dollars)
2010
2011
Change (%)
11/10
54,7
65,6
19,9
2,0
3,2
58,8
1,8
0,6
-67,5
83,4
119,6
43,4
17,6
24,8
41,0
23.2
84.8
138,1
185,2
34,1
-28,7
-54,0
88,2
-37.6
194.0
-13,1
-32,4
147,0
61.4
-
65.6
54.8
Source: Turkstat
* Chapter 27 is used for Energy
In the period of January-June 2011 compared with the same month in 2010,
Exports and imports increased by 19.9 % and 43.4 % respectively.
Trade deficit reached to 54.0 billion dollars , rising by 88.2 %.
September 2011
Embassy of Turkey, Office of the Commercial Counsellor
20
The Main Trade Partners
Main Export Destinations
Main Import Partners
(January-June 2011)
(January-June 2011)
Germany
Germany
10,5
Italy
China
5,8
Irak
(Billion Dollars)
September 2011
5
7,2
Italy
5,3
0
9,0
USA
5,6
France
9,1
Russia
6,6
UK
10,0
10
15
5,8
0,0
2,0
4,0
6,0
8,0
(Billion Dollars)
Embassy of Turkey, Office of the Commercial Counsellor
10,0
12,0
Source:Turkstat
21
Breakdown of Exports by Regions
Million Dollars
June
January-June
2010
2011
Change (%)
2010
2011
Change (%)
5,120
6,500
27,0
30,819
37,605
22,0
4.178
5.499
31,6
25.119
31.595
25,8
OTHER EUROPE
942
1.001
6,3
5.700
6.010
5,4
AFRICAN COUNTRIES
807
857
6,2
4.905
4.724
-3,7
North African Countries
611
578
-5,4
3.821
3.137
-17,9
Other African Countries
197
279
41,6
1.085
1.587
46,3
625
610
-2,4
2.812
3.822
35,9
North American Countries
330
392
18,8
1.932
2.586
33,9
Mid. Amer. and Caribbean Count.
170
38
-77,6
341
313
-8,2
South American Countries
125
180
44,0
539
923
71,2
2.778
3.180
14,5
14.952
17.981
20,3
2.076
2.321
11,8
10.798
13.102
21,3
702
859
22,4
4.153
4.879
17,5
AUSTRALIA AND NEW ZEALAND
34
41
20,6
185
225
21,6
OTHER COUNTRIES (incl. Free Zones of Turkey)
178
200
12,4
1043
1.277
22,4
9.543
11.388
54.717
65.632
EUROPE (TOTAL)
EUROPEAN UNION (EU_27)
AMERICA
ASIAN COUNTRIES
Near and Mid. East Countries
Other Asian Countries
TOTAL
19,3
19,9
Source: TURKSTAT
September 2011
Embassy of Turkey, Office of the Commercial Counsellor
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Exports (ISIC)
Source:Turkstat
ISIC: International Standard Industrial Classification
(Million Dollars)
AGRICULTURE AND FORESTRY
2009
2010
10/09
Change
(%)
4,348
4.940
13.6
189
156
1,683
JANUARY-JUNE
2010
2011
CHANGE(%)
-17.4
2.355
76
2.422
94
2,8
24,2
2,677
59.0
1.266
1.280
1,1
95,449
105,570
10.6
50.673
61.469
21.3
MOTOR VEHICLES
9,820
10,872
10.7
5.635
6.149
9,1
WEARING APPAREL, EXCEPT FUR APPAREL
9,499
10,455
10.1
5.191
5.936
14,3
BASIC IRON AND STEEL
9,081
10,225
12.6
4.807
6.418
33,5
BASIC PRECIOUS AND OTHER NON-FERROUS METALS
6,022
4,228
-29.8
2.751
1.976
-28,2
REFINED PETROLEUM PRODUCTS
3,647
4,184
14.7
1.870
3.082
64,8
PARTS AND ACCESSORIES FOR MOTOR VEHICLES
2,857
3,777
32.2
1.785
2.377
33,2
SPINNING, WEAVING AND FINISHING OF TEXTILES
3,200
3,577
11.8
1.706
2.207
29,4
KNITTED AND CROCHETED APPAREL
2,940
3,428
16.6
1.409
1.750
24,2
DOMESTIC APPLIENCES
3,062
3,396
10.9
1.533
1.751
14,2
PLASTIC PRODUCTS
2,582
3,022
17.1
474
102,143
639
113,981
34.8
11.6
1.397
347
54.717
1.785
367
65.632
27,8
5,6
19,9
FISHERY
MINING AND QUARRYING
MANUFACTURING
OTHERS
TOTAL
September 2011
Embassy of Turkey, Office of the Commercial Counsellor
23
Imports (BEC)
BEC: Broad Economic Categories
(Million Dollars)
JANUARY-JUNE
2009
2010
CAPITAL GOODS
21,463
28,818
34.3
11.912 18.823
58,0
INTERMEDIATE GOODS
99,510
131,443
32.1
60.378 84.976
40,7
Industrial supplies not elsewhere specified, processed
43,491
58,733
35.0
27.052 37.674
39,3
Fuels and lubricants, primary
17,773
22,227
25.1
461
528
14,5
Fuels and lubricants, processed
10,848
14,674
35.3
5.705
7.359
29,0
Industrial supplies not elsewhere specified, primary
7,985
12,257
53.5
5.655
8.164
44,4
Parts and accessories of transport equipment
7,841
10,581
34.9
4.826
6.434
33,3
Parts and accessories of capital goods
8,292
9,064
9.3
4.093
5.372
31,2
Food and beverages, primary, mainly for industry
2,074
2,794
34.7
1.398
2.529
80,9
Food and beverages, processed, mainly for industry
1,206
1,113
-7.7
521
891
71,0
19,290
24,735
28.2
10.856 15.353
41,4
666
546
-18.1
140,928
185,542
31.7
CONSUMPTION GOODS
OTHERS
TOTAL
September 2011
Change
%
2010
252
2011
Change
%
459
82,2
83.398 119.610
43,4
24
Source: Turkstat
10/09
Main Items of Exports
* % change is based on exports
Million Dollars
EXPORTS
IMPORTS
BALANCE
CHANGE %*
(January-June)
2010
2011
2010
2011
2010
2011
10/11
1
VEHICLES OTHER THAN RAILWAY
7.006
7.970
5.253
8.887
1.753
-917
-
2
NON-ELECTRICAL MACHINERY
4.444
5.619
9.355
13.787
-4.911
-8.169
39,9
3
IRON AND STEEL
4.130
5.613
7.816
9.703
-3.686
-4.090
9,9
3.715
4.237
399
543
3.316
3.694
10,2
4 APPAREL -CLOTHING, KNITTED
5
ELECTRICAL MACHINERY
3.491
3.997
6.789
8.382
-3.298
-4.385
24,8
6
MINERAL FUELS
2.026
3.216
17.604
24.827
-15.578 -21.611
27,9
2.285
2.824
897
1.262
1.388
1.563
11,2
2.179
2.562
639
882
1.540
1.680
8,3
1.720
2.228
4.628
6.718
-2.908
-4.490
35,2
1.311
1.613
169
197
1.142
1.416
19,4
32.307
39.879
53.549
75.188
-21.242 -35.309
39,8
54.717
65.632
83.398
119.610
-28.681 -53.978
46,9
ARTICLES OF IRON AND STEEL
APPAREL -CLOTHING, NOT
8
KNITTED
9 PLASTICS AND ARTICLES
10 EDIBLE FRUIT AND NUTS
LIST TOTAL
7
TOTAL
September 2011
Source: TURKSTAT 25
Embassy of Turkey, Office of the Commercial Counsellor
Main Items of Imports
Million Dollars
(January-May)
EXPORTS
17.604
24.827
2.026
3.216 -15.578 -21.611
27,9
2 NON-ELECTRICAL MACHINERY
9.355
13.787
4.444
5.619
-4.911
-8.169
39,9
3 IRON AND STEEL
7.816
9.703
4.130
5.613
-3.686
-4.090
9,9
4 VEHICLES OTHER THAN RAILWAY
5.253
8.887
7.006
7.970
1.753
-917
291,2
5 ELECTRICAL MACHINERY
6.789
8.382
3.491
3.997
-3.298
-4.385
24,8
6 PLASTICS AND ART. THEREOF
4.628
6.718
1.720
2.228
-2.908
-4.490
35,2
7 ORGANIC CHEMICAL PRODUCTS
2.127
2.914
238
298
-1.890
-2.616
27,8
886
2.562
155
158
-731
-2.404
69,6
1.683
2.390
690
1.053
-992
-1.337
25,8
2.131
2.361
275
293
-1.856
-2.068
10,3
9
COTTON AND COTTON
PRODUCTS
10 PHARMACEUTICAL PRODUCTS
2011
2010
CHANGE%*
2011
8 AIRCRAFT AND PARTS THEREOF
2010
BALANCE
2010
1 MINERAL FUELS
* % change based on imports
IMPORTS
2011
10/11
LIST TOTAL
58.272
82.531
24.175
30.445
-34.097 -52.087
34,5
TOTAL
83.398
119.610
54.717
65.632
-28.681 -53.978
46,9
Source: TURKSTAT
September 2011
Embassy of Turkey, Office of the Commercial Counsellor
26
TRADE WITH FINLAND...
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
27
Foreign Trade of Finland
YEAR
IMPORTS
(000.000 €)
%
CHANGE
EXPORTS
(000.000 €)
%
BALANCE
CHANGE
(000 €)
2006
55 252
+ 17
61 489
+ 17
+ 6 236
2007
59 492
+8
65 484
+7
+ 5 991
2008
62 402
+5
65 580
+0
+ 3 178
2009
43 655
- 31
45 063
- 32
+ 1 409
2010
51 500
+ 17,9
52 372
+16,2
873
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
28
Main Trade Partners of Finland
COUNTRY
2010 IMPORTS
(1000 €)
Share
(%)
2010 Exports
(1000 €)
Share
(%)
Balance
1
Russia
9 163
17,8
4 689
9,0
-4 474
2
Germany
6 836
13,3
5 264
10,1
-1 571
3
Sweden
5 220
10,1
5 987
11,4
767
4
China
3 776
7,3
2 687
5,1
-1 089
5
Nederlands
2 798
5,4
3 545
6,8
747
6
USA
1 767
3,4
3 672
7,0
1 905
7
UK
1 603
3,1
2 504
4,8
901
8
France
2 012
3,9
1 775
3,4
-237
9
Italy
1 429
2,8
1 365
2,6
-63
10
Belgium
1 223
2,4
1 518
2,9
295
Other
Countries
15 675
30,4
19 366
37,0
TOTAL
51 500
100
52 372
100
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
3 691
873
29
Major Import Items of Finland in 2010
No
CN Code Definition
Value
(1000 €)
1
27
MINERAL FUELS, OILS, WAXES
2
84
MACHINERY & MECHANICAL APPLIANCES,
COMPUTERS
3
85
4
72
IRON & STEEL
2 246 621
5
39
PLASTICS & ARTICLES THEREOF
1 750 818
ELECTRICAL MACHINERY & EQUIP. & PARTS
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
9 488 041
5 514 381
5 384 907
30
Major Export Items of Finland in 2010
No
CN
Code
1
48
2
84
Definition
PAPER & PAPERBOARD, ARTICLES OF
PAPER PULP
Value
(1000 €)
7 412 046
MACHINERY & MECHANICAL
APPLIANCES, COMPUTERS
7 190 426
3
85
ELECTRICAL MACHINERY & EQUIP. &
PARTS
6 457 518
4
5
27
72
MINERAL FUELS, OILS, WAXES
IRON & STEEL
4 210 964
3 530 788
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
31
Foreign Trade
Between Turkey and Finland ($)
YEAR
EXPORTS
IMPORTS
2003
214.069.330
479.864.643
2004
256.331.251
708.289.838
2005
296.560.810
962.032.069
2006
359.278.544
1.138.911.037
2007
412.409.563
1.208.411.748
2008
367.128.066
1.180.798.750
2009
196.622.349
795.958.841
2010
296.093.371
1.115.496.426
202.859
780.884
2011 (1-7)
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
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Finland-Turkey
Exports-Imports Comparison
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
33
Finland-Turkey
Trade Balance and Volume
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
34
First 10 Items Exported from Turkey to
Finland in 2010
EXPORTS $
CN
CODE
DEFINITION
to Finland
%
SHARE
87
VEHICLES OTHER THAN RAILWAY OR
TRAMWAY
69.154.166
23,3
26
ORES SLAG & ASH
39.733.554
13,4
84
MACHINERY & MECHANICAL APPLIANCES,
COMPUTERS
29.587.026
9,9
61
ARTICLES OF APPAREL & CLOTHING
ACCESSORIES
19.329.339
6,5
85
ELECTRICAL MACHINERY & EQUIP. & PARTS,
15.654.180
5,2
69
CERAMIC PRODUCTS
11.047.399
3,7
27
MINERAL FUELS, OILS, WAXES
9.049.708
3,0
63
MADE-UP TEXTILE ARTICLES
8.939.940
3,0
40
RUBBERS & ARTICLES THEREOF
8.786.196
2,9
28
INORGANIC CHEM, ORG/INORG COMPOUNDS
7.912.044
2,6
29
ORGANIC CHEMICALS
1.899.207
0,6
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
35
First 10 Items Imported from Finland to
Turkey in 2010
IMPORTS $
CN CODE
85
NAME
from
Finland
%
SHARE
ELECTRICAL MACHINERY & EQUIP. & PARTS,
307.076.320
28%
48
PAPER & PAPERBOARD, ARTICLES OF PAPER
PULP
263.872.169
24%
84
MACHINERY & MECHANICAL APPLIANCES,
COMPUTERS
140.235.240
13%
IRON & STEEL
90.731.487
8%
PULP OF WOOD, WASTE & SCRAP OF PAPER
72.045.762
6%
39
PLASTICS & ARTICLES THEREOF
61.396.862
6%
30
PHARMACEUTICAL PRODUCTS
39.474.589
4%
ORGANIC CHEMICALS
17.805.269
2%
FURSKINS & ARTIFICIAL FUR, MANUFACTURES
15.478.066
1%
OPTICAL, PHOTOGRAPHIC, MEDICAL
INSTRUMENTS
13.913.203
1%
72
47
29
43
90
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
36
THANK YOU!...
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
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CONTACT INFORMATION OF THE OFFICE OF THE
COMMERCIAL COUNCELLOR:
WEB PAGE: http://www.counsellors.gov.tr/
Tel: 9 477 41 70
Fax: 9 44 44 92
E-mail: [email protected]
September 2011 Embassy of Turkey, Office of the Commercial Counsellor
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