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 are Turkey’s major imports and exports?

Turkey’s Top Exports

• Crude petroleum – $3.65 billion.
• Refined petroleum – $3.42 billion.
• Raw iron bars – $3.33 billion.
• Gold – $3.21 billion.
• Hot-rolled iron – $2.34 billion.

What does Turkey import from the US?

The top categories of U.S. exports to Turkey include aircraft, mineral fuels, iron and steel, machinery, cotton, and agriculture. The top import categories from Turkey include machinery, vehicles, carpets and other textile coverings, iron and steel and their products, agriculture, and stone, plaster, cement.

What is the name of Turkey money?

Turkish lira
Turkey/Currencies

Turkish Currency | Turkish Lira Money in Turkey is called, The Turkish Lira, TL, sign: ₺; code: TRY, is the officially declared currency of Turkey and the Turkish Republic of Northern Cyprus.

What kind of raw materials does Turkey use?

This report covers the following raw materials: iron scrap, iron ore, hard coal, sponge iron, pig iron, and ferroalloys. Turkish total raw material imports reached $12.9 billion in 2012. Turkey is the largest iron scrap importer in the world. Currently, U.S. suppliers have a 28.5 percent market share in total scrap imports of Turkey in 2012.

What kind of goods does Turkey import from other countries?

In 2017, Turkey’s main imports were: machinery and transport equipment (31 percent of total imports), of which road vehicles (7 percent) and electrical machinery, apparatus and appliances (6 percent); manufactured goods (16 percent), of which iron and steel (5 percent); mineral fuels, lubricants and related materials (16 percent),…

What kind of steel is produced in Turkey?

Seventy -two percent of the total 20.5 tons of local production is realized by the EAFs. All raw materi als listed above, pig iron, ferro alloy, sponge iron, iron scrap, iron ore, and coal, are among best prospects for U.S. exporters, due to local production shortages, and increasing steel production in Turkey.

How is product relatedness related to Turkey’s exports?

Relatedness measures the distance between a country’s current exports and each product. The barchart show only products that Turkey is not specialized in. The product space is a network connecting products that are likely to be co-exported.