Is there any trade between India and Turkey?

Is there any trade between India and Turkey?

India-Turkey In 2020, India exported $4.78B to Turkey. The main products that India exported to Turkey are N/A. During the last 25 years the exports of India to Turkey have increased at an annualized rate of 12.7%, from $242M in 1995 to $4.78B in 2020. In 2020, India did not export any services to Turkey.

Which products does Turkey import from India?

Main Export Items: Precious stones, pearls, mineral oils, land vehicles, machines, nuclear reactors, organic chemicals, pharmacy. Main Import Items: Crude oil, precious stones, pearls, electronic machines, nuclear reactors, organic chemicals.

How are the relations of Turkey with India?

Since the establishment of diplomatic relations between India and Turkey in 1948, political and bilateral relations have been usually characterised by warmth and cordiality, although some sporadic tensions remain due to Turkey’s support for Pakistan, India’s rival.

Which products are exported to Turkey from India?

India Exports to Turkey Value Year
Machinery, nuclear reactors, boilers $431.14M 2020
Vehicles other than railway, tramway $314.98M 2020
Mineral fuels, oils, distillation products $268.14M 2020
Electrical, electronic equipment $243.55M 2020

How many Indian companies are there in Turkey?

More than 150 companies with Indian capital have registered businesses in Turkey in the form of joint ventures, trade and representative offices.

What are Turkey’s main 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 do we trade with Turkey?

The top import categories from Turkey include machinery, vehicles, carpets and other textile coverings, precious metals, and stone, plaster, and cement. Reported U.S. direct investment in Turkey is led by manufacturing, wholesale trade, and finance and insurance.

Who is Turkey’s biggest trading partner 2021?

Turkey’s Top Trading Partners

  • Germany: US$19.3 billion (8.6% of total Turkish exports)
  • United States of America: $14.7 billion (6.5%)
  • United Kingdom: $13.7 billion (6.1%)
  • Italy: $11.5 billion (5.1%)
  • Iraq: $11.1 billion (4.9%)
  • Spain: $9.6 billion (4.3%)
  • France: $9.1 billion (4.1%)
  • Netherlands: $6.8 billion (3%)

Which is the biggest company in Turkey?

Biggest Turkish companies by revenue

  • JTI – Revenue: 11,020,089,159 Turkish Liras.
  • Selçuk Ecza – Revenue: 10,686,329,979 Turkish Liras.
  • İskenderun Demir Çelik – Revenue: 10,612,473,000 Turkish Liras.
  • Enka İnşaat – Revenue: 10,567,421,000 Turkish Liras.
  • Kibar Dış Ticaret – Revenue: 10,502,596,792 Turkish Liras.

What products does Turkey import?

Turkey’s Top 10 Imports

  • Mineral fuels including oil: US$50.7 billion (18.7% of total imports)
  • Machinery including computers: $31 billion (11.4%)
  • Iron, steel: $27.6 billion (10.2%)
  • Electrical machinery, equipment: $20 billion (7.4%)
  • Plastics, plastic articles: $17.6 billion (6.5%)
  • Vehicles: $15.6 billion (5.7%)