Turkey Customs Trade Data - Importglobals
Turkey, being strategically located between Europe and Asia, has a significant role in international trade. Its customs regulations and trade policies play a crucial role in facilitating import and export activities. Here's an overview of customs and trade in Turkey:
Customs Procedures:
Customs Union: Turkey is a member of the Customs Union with the European Union (EU), allowing the free movement of goods, except for certain agricultural products and services.
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Customs Duties: Turkey applies customs duties on imported goods, which vary based on the type of goods and their country of origin. Some goods might be subject to specific duties or additional taxes.
Customs Declarations: Importers and exporters need to provide customs declarations detailing the nature, quantity, and value of goods being imported or exported. Electronic submission is increasingly common.
Customs Clearance: Customs clearance procedures are required for both imports and exports. This includes inspections, documentation verification, and payment of duties and taxes.
Customs Valuation: Turkey follows the WTO's Customs Valuation Agreement to determine the value of imported goods for customs purposes.
Trade Documentation: Various documents are required for importing/exporting goods, including invoices, bills of lading, certificates of origin, and permits/licenses for specific goods.
Trade Policies:
Free Trade Agreements (FTAs): Turkey has signed several FTAs with countries worldwide to facilitate trade by reducing tariffs and other trade barriers.
Export Incentives: The Turkish government offers various incentives to promote exports, such as tax exemptions, subsidies, and financial support for exporters.
Import Restrictions: Certain goods are subject to import restrictions or prohibitions for various reasons, including national security, health, or environmental concerns.
Trade Partners: Turkey conducts significant trade with the EU, Middle Eastern countries, the United States, and various other nations. Its main exports include machinery, textiles, vehicles, and electronics.
Customs Regulations Changes: Turkey periodically updates its customs regulations and trade policies to align with international standards and changing economic conditions.
E-commerce and Digital Trade:
Turkey has been adapting its customs procedures to accommodate the growing e-commerce sector. There are specific regulations governing online trade, including customs declarations for e-commerce shipments and digital services.
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