The Brief Overview of the Turkey’s Export Trade Relation With United Kingdom in 2024
The export trade relationship between the Turkey and United Kingdom is a result of the long-standing bilateral trade rate that has been increasing continuously with its history dating back to centuries ago. Different mechanical and electrical commodities are being traded within these two trade estates to foster the annual valuation of the export and import rates. Turkey Import Data says the Customs Union agreement between the Turkish Trade firms and the European Union along with the proactive modification of the manufacturing units are some of the crucial factors that work as a backbone to the entire economic statistics of Turkey in 2024.
Due to the growing domestic acquisitions of The United States from the trade firms of Turkey because of its better shelf life and affordable pricing strategies, the country has exported goods worth 25 billion US dollars in 2024. Import Globals with its Turkey Trade Data highlights the regional shipments of the country’s growing exports to the other top trade destination estates for helping the business owners understand the latest processes of the global market that can record a positive outgrowth in the future trade aspects.
TOP 10 EXPORTED GOODS OF TURKEY TO UNITED STATES IN 2024
The country’s continuous efforts towards emerging as a major player in the global trade market have accomplished its desire to fulfill all the global trade demands in the upcoming time. According to the Turkey Export Data, the top 10 goods that the nation exported to the United Kingdom in 2024 are,
- Cars and Automobile Parts — Total value of the Cars and Automobile Parts exported from Turkey to the United Kingdom in 2024–5 billion US dollars
- Textiles — Total value of the Textiles exported from Turkey to the United Kingdom in 2024–4 billion US dollars
- Iron and Steel Products — Total value of the Iron and Steel Products exported from Turkey to the United Kingdom in 2024–2.5 billion US dollars
- Furniture — Total value of the Furniture exported from Turkey to the United Kingdom in 2024–1.5 billion US dollars
- Agricultural Products — Total value of the Agricultural Products exported from Turkey to the United Kingdom in 2024–1 billion US dollars
- Electrical Machinery — Total value of the Electrical Machinery exported from Turkey to the United Kingdom in 2024–800 million US dollars
- Plastics — Total value of the Plastics exported from Turkey to the United Kingdom in 2024–700 million US dollars
- Precious Stones and Metals– Total value of the Precious Stones and Metals exported from Turkey to the United Kingdom in 2024–600 million US dollars
- Chemical Products — Total value of the Chemical Products exported from Turkey to the United Kingdom in 2024–500 million US dollars
- Fruits & Vegetables — Total value of the Fruits & Vegetables exported from Turkey to the United Kingdom in 2024–400 million US dollars
TOP 10 EXPORTING COMPANIES OF TURKEY THAT DRIVE EXPORTS TO THE UNITED KINGDOM IN 2024
The competitive progress of Turkey’s export trade in the global market with proper pricing strategies and appealing growth rate in the venture of trade deals have fostered the annual valuation of Turkey’s exports. According to the Turkey Customs Data, the top 10 exporting companies, that drive most of the goods exported to the United Kingdom in 2024 are,
- Ford Otosan — The trade value of the goods exported from Ford Otosan of Turkey to the United Kingdom in 2024–4.6 billion US dollars
TOP EXPORTED GOODS
1. Commercial Vehicles
2. Passenger Cars
3. Engines
4. Vehicle Components
5. Aftermarket Parts
- Tofaş — The trade value of the goods exported from Ford Otosan of Turkey to the United Kingdom in 2024–3.1 billion US dollars
TOP EXPORTED GOODS
1. Vehicles
2. Machinery
3. Electrical appliances
4. Precious stones
5. Automotive products
- Vestel Group — The trade value of the goods exported from Vestel Group of Turkey to the United Kingdom in 2024–2.7 billion US dollars
TOP EXPORTED GOODS
1. Consumer Electronics
2. Home Appliances
3. Digital Technologies
4. Air Conditioning Systems
5. Renewable Energy Solutions
- Arçelik — The trade value of the goods exported from Arçelik of Turkey to the United Kingdom in 2024–2.2 billion US dollars
TOP EXPORTED GOODS
1. Refrigerators
2. Washing Machines
3. Dishwashers
4. Air Conditioners
5. Small Appliances
- Anadolu Efes — The trade value of the goods exported from Anadolu Efes of Turkey to the United Kingdom in 2024–1.3 billion US dollars
TOP EXPORTED GOODS
1. Beer
2. Malt Beverages
3. Soft Drinks
4. Water
5. Fruit Juices
- Tüpraş — The trade value of the goods exported from Tüpraş of Turkey to the United Kingdom in 2024–765 million US dollars
TOP EXPORTED GOODS
1. Refined Petroleum Products
2. Liquefied Natural Gas
3. Petrochemicals
4. Bitumen
5. Lubricants
- Kibar Holding — The trade value of the goods exported from Kibar Holding of Turkey to the United Kingdom in 2024–542 million US dollars
TOP EXPORTED GOODS
1. Automotive Parts and Components
2. Textile Products
3. Steel Products
4. Electrical Equipment
5. Food Products
- Brisa Bridgestone Sabanci Tire Manufacturing Inc — The trade value of the goods exported from Brisa Bridgestone Sabanci Tire Manufacturing Inc of Turkey to the United Kingdom in 2024–478 million US dollars
TOP EXPORTED GOODS
1. Tires
2. Automotive parts
3. Rubber compounds
4. Chemicals
5. Textile products
- Beko — The trade value of the goods exported from Beko of Turkey to the United Kingdom in 2024–342 million US dollars
TOP EXPORTED GOODS
1. Home Appliances
2. Textiles
3. Agricultural Products
4. Building Materials
5. Garments
- Oyak Renault — The trade value of the goods exported from Oyak Renault of Turkey to the United Kingdom in 2024–278 million US dollars
TOP EXPORTED GOODS
1. Automobiles
2. Automotive Parts
3. Textiles
4. Chemical Products
5. Iron and Steel
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