Turkey achieved 1.8% growth during 2020 with Turkey’s 85 million consumers purchasing £4.9 billion of British goods throughout the year, demonstrating exceptionally good performance in a year when the majority of economies suffered a significant drop in similar economic activities. The main exports from the UK to Turkey include machinery, metals, pharmaceutical, medical, chemical and plastic products.
Bridging South Eastern Europe and Western Asia, Turkey is the UK's 16th largest trading partner. Turkey maintains a diverse economy, with their top exports of goods including vehicles, machinery, electrical equipment, metals, textiles and plastics. Great Britain imported goods worth £8.8 billion from Turkey during 2020, the second largest importer only to Germany.
Turkey presents a good opportunity for investment, and is ranked 33rd in the World Bank's Ease of Doing Business Index out of 190 nations.
This webinar will aim to help participants in gaining:
- Valuable trade insights into Turkish market opportunities
- An outline of the trading changes under the UK-Turkey Free Trade Agreement
- Practical advice on how to successfully engage and build relationships with Turkish business partners.
Introduction and welcome
Highlighting opportunities in Turkey for UK companies, covering key sectors and support for export development
Vanda Priestley, Department for International Trade
The UK-Turkey Free Trade Agreement and what it means for exporters and importers
Jayne Mezulis, Export & Import Consultancy Services
Building successful trade relationships with Turkish business partners
Ergin Kaya – Director of Idetek UK Ltd, Turkish business specialists
Don Neville – Managing Director of Richards Apex Europe Ltd, manufacturer of specialty metalworking lubricants, process coatings and cleaning compounds
Questions & Answers