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What is the main industry in Turkey?

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What is the main industry in Turkey?

Economy of Turkey

Statistics
Main industries machinery tourism textile electronics construction shipbuilding autos mining steel iron copper boron defence petroleum food processing cotton
Ease-of-doing-business rank 33rd (very easy, 2020)
External
Exports $166.9 billion (26th) (2020)

What does Turkey produce the most?

Turkey is a major producer of wheat, sugar beets, milk, poultry, cotton, tomatoes, and other fruits and vegetables, and is the top producer in the world for apricots and hazelnuts.

What are Turkey major exports?

Turkey’s Top 10 Exports

  • Vehicles: US$23.9 billion (15.2% of total exports)
  • Machinery including computers: $13.8 billion (8.8%)
  • Gems, precious metals: $10.9 billion (6.9%)
  • Knit or crochet clothing, accessories: $8.8 billion (5.6%)
  • Iron, steel: $8.2 billion (5.2%)
  • Electrical machinery, equipment: $8.1 billion (5.2%)

What are the major industrial products?

The industrial goods sector includes companies involved with aerospace and defense, industrial machinery, tools, lumber production, construction, waste management, manufactured housing, and cement and metal fabrication.

What are the top 5 imports in Turkey?

Imports The top imports of Turkey are Gold ($11.5B), Refined Petroleum ($9.92B), Crude Petroleum ($6.55B), Vehicle Parts ($5.72B), and Scrap Iron ($5.19B), importing mostly from Germany ($21.2B), China ($18.2B), Russia ($16.4B), United States ($10.4B), and Italy ($9.4B).

What products is Turkey known for?

These are sure to spark conversations and act as a magical portal that is reminiscent of the wonders you witnessed in the country.

  • Tea & Coffee. Turkish Coffee in Traditional Copper Cups.
  • Carpets and Rugs.
  • Spices.
  • Turkish Delight.
  • Traditional Instruments.
  • Mosaic Lanterns and Gourd Lamps.
  • Clayware from Cappadocia.
  • Ceramic Wares.

Which is the most important industry in Turkey?

In Turkey, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 84 percent of total production. The biggest segments within Manufacturing are: Food products (16 percent of total production);

When did the industrial sector start in Turkey?

The industrial sector in Turkey has been the primary focus of government policies since the early 1950s. Industrial policy until 1980 was based on an import-substitution strategy.

What was the industrial policy of Turkey in the 1950s?

The industrial sector in Turkey has been the primary focus of government policies since the early 1950s. Industrial policy until 1980 was based on an import-substitution strategy. This protectionist approach was very successful for several decades, and the sector grew at an average rate of 8.6 percent annually until the late 1970s.

What kind of food does Turkey export to the world?

Turkey is prominent, too, in the world trade of edible nuts and dried fruits. In this category of agricultural products, hazelnuts, pistachios, sultanas, dried apricots, and dried figs are important exports.

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