1. TURKEY
MAIN ECONOMIC INDICATORS
Surface Area: 783,6 1000 sq km ** * : IMF (World Economic Outlook) *** : IMF (DoTS & WEO)
Population: 72,2 Millions of inhabitants - 2011 (estimates after 2010) * ** : World Bank (World Development Indicatotrs)
Current GDP: 548,2 Billions of euros - 2011 (estimates after 2010) * **** : Trade-to-GDP ratio = (Exports + Imports) / GDP
GDP per capita: 7 597,7 Euros - 2011 (estimates after 2010) *
2008 2009 2010 2011
Exports-to-GDP ratio: 15,5 % (2010) *** Real GDP growth (%, estimates after 2010) * 0,7 -4,8 8,9 6,6
Imports-to-GDP ratio: 25,0 % (2010) *** Inflation rate (%, estimates after 2010) * 10,4 6,3 8,6 6,0
Trade-to-GDP ratio: 40,5 % (2010) **** Current account balance (% of GDP, estimates after 2010) * -5,7 -2,3 -6,6 -10,3
GDP BY SECTOR
Agriculture, value 1991 15,8% 2001 9,9% 2010 9,6%
added (% of GDP)
Industry, value added 26,7%
(% of GDP) 51,5% 30,2%
59,8%
Services, value added 32,7% 63,8%
(% of GDP)
Source: World Bank (World Development Indicators)
TRADE IN GOODS
TURKEY WITH THE WORLD EU27 WITH TURKEY
Billions of euros Imports Exports Balance Billions of euros Imports Exports Balance
135,5 138,9
150,0 80,0 72,7
99,8 70,0 61,3
89,5 85,9
100,0 73,2 60,0
47,6
50,0 44,1 42,3
50,0
36,2
40,0
0,0 30,0 25,1
18,9
20,0
-50,0 -26,6 7,9
-45,9 -52,9 10,0
-100,0 0,0
2008 2009 2010 2009 2010 2011
Source: IMF (Direction of Trade Statistics - DoTS) Source: Eurostat (Comext, Statistical Regime 4)
% OF THE WORLD (excluding Intra-EU Trade) 2008 2009 2010 % OF TOTAL EXTRA-EU27 2009 2010 2011
Imports 1,7% 1,5% 1,6% Imports 3,0% 2,8% 2,8%
Exports 1,1% 1,1% 1,0% Exports 4,0% 4,5% 4,7%
EU27 MERCHANDISE TRADE WITH TURKEY BY PRODUCT (2011) - SITC* (UN, WTO/ITS) & AMA/NAMA (WTO) BREAKDOWNS
Source: Eurostat (Comext, Statistical Regime 4) Imports Exports Balance
Millions of euros Millions of euros Imports Exports Balance
40 000 32 513 80 000 68 351
30 000 70 000
17 622 60 000
20 000 14 891 13 756
11 862 9 792 12 113 50 000 43 817
8 653 9 077
10 000 3 831 3 779 5 773 4 679
-52
2 880 2 070 2 101 40 000
30 000 24 534
0
20 000
-10 000 3 490 3 274
-10 012
10 000 286 1 039 753
-20 000 0
Agri. Prod. (Food Fuels and mining Chemicals Machinery and Textiles & Clothing Other Products -10 000 -216
(incl. Fish) & Raw products transport equipment Agricultural Products Non-Agricultural Other Products
Materials) (AMA/WTO) Products (NAMA/WTO)
* SITC Rev. 3: Agri. Prod. (Food (incl. Fish) & Raw Materials): 0, 1, 2, 4, excl. 27, excl. 28; Fuels and mining products: 3, 27, 28, 68; Chemicals: 5; Machinery and transport equipment: 7; Textiles & Clothing: 65, 84
TRADE IN COMMERCIAL SERVICES (SERVICES EXCLUDING "GOVERNMENT SERVICES")
TURKEY WITH THE WORLD EU27 WITH TURKEY
Billions of euros Imports Exports Balance Billions of euros Imports Exports Balance
12,8 13,7
30,0 15,0
25,2 11,5
25,0 23,4 23,4
10,0 8,0
6,8 6,4
20,0
5,0
13,9
15,0 11,3 12,1 11,1 12,2 11,3
0,0
10,0
5,0 -5,0
-6,0 -5,0 -5,8
0,0 -10,0
2008 2009 2010 2008 2009 2010
Source: World Trade Organisation Source: Eurostat (NewCronos)
% OF THE WORLD (excluding Intra-EU Trade) 2008 2009 2010 % OF TOTAL EXTRA-EU27 2008 2009 2010
Imports 0,6% 0,7% 0,7% Imports 2,9% 2,8% 3,1%
Exports 1,2% 1,3% 1,2% Exports 1,3% 1,4% 1,5%
FOREIGN DIRECT INVESTMENT
EU27 FDI WITH TURKEY EU27 STOCKS OF FDI WITH TURKEY
Billions of euros Inflows Outflows Balance Billions of euros Inward Stocks Outward Stocks Balance
7,0 6,2 6,5 70,0 65,5
5,8 57,3
6,0 5,0 60,0 54,0
5,0 4,3 46,1 46,7
50,0
4,0 39,6
2,7 40,0
3,0
1,5 30,0
2,0
0,7 20,0
1,0
6,5 7,3 8,2
0,0 10,0
-1,0 -0,3 0,0
2008 2009 2010 2008 2009 2010
Source: Eurostat (NewCronos) Source: Eurostat (NewCronos)
DG TRADE 21 March 2012
2. TURKEY 21-Mar-12
EU BILATERAL TRADE AND TRADE WITH THE WORLD DG TRADE
TOTAL MERCHANDISE TRADE, 2007-2011
1. Evolution of the EU's Trade Balance with Turkey
2. Evolution of the Turkey's Trade Balance
GEOGRAPHIC BREAKDOWN OF TRADE, 2011
3. EU Trade with Main Partners
4. Turkey's Trade with Main Partners
SECTORAL BREAKDOWN OF TRADE
SITC Rev.3 & AMA/NAMA Product Groups
5. European Union, Trade with the World and Turkey, by Sitc Section
6. European Union Imports, by Product Grouping
7. European Union Exports, by Product Grouping
8. Rank of Turkey in European Union Trade
Harmonized System, Sections
9. EU Trade with the World and EU Trade with Turkey (2011)