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GROWING SALES TO TURKEY

 By Gregory Harris  

U.S. Department of Commerce

Grand Rapids Export Assistance Center


Why consider Turkey?  Turkey has always been a strategic country because it is the historical and geographical nexus between Europe and the Middle East and is considered one of the markets of the future.  Turkey is predominately Muslim, yet maintains a strong Western focus.  The country has been a traditional U.S. ally and is a member of the World Trade Organization (WTO).  Turkey will enter the European Union (EU) in the summer of 2004.  Sales potential to this market should be not be underestimated, given that the U.S. continues to be Turkey’s second largest trading partner.

The most promising sectors for US firms include:  telecommunications equipment and services, natural gas equipment, electrical power equipment, automotive parts and services, franchising, medical equipment, building materials, plastics, and architectural – construction – engineering services.  Some of the industries that fit well with Michigan’s manufacturing community will continue to see opportunities and growth.  The automotive market in Turkey will continue providing Michigan’s exporting community with sales growth potential.  Automobile production reached a record high in 2003 while only reaching slightly over fifty percent of production capacity.  Continued growth is forecast for the domestic market and the regional market in near Asia and in the future Iraq.  American medical products continue to be sought after by the Turkish medical community.  Although the government remains the biggest purchaser of medical equipment, the growing private healthcare sector is raising the sophistication and demand for higher-level medical care and products.  These developments bode well for American companies.  Agricultural goods with promise include:  soybeans, vegetable oils, corn, animal fats, rice, and retail products.

The US Embassy reports that the most successful way of entering the Turkish market has been through carefully selected agents and distributors.  Companies that will sell substantial amounts to the government entities in Turkey should ensure that their potential partners have a substantive presence in the capital.  The U.S. Department of Commerce can be an effective gateway into Turkey with a wide range of programs and services to assist with the sale of U.S. and Michigan made products.  In Turkey, the Commerce Department supports American business through offices in Istanbul, Ankara and Izmir.

Turkey is also seen as one of the future points of entry for the market in Iraq.  The Commerce Department maintains two commercial officers in Iraq and has established a task force for US firms interested in pursuing potential business opportunities there.  For additional information, please see:    www.export.gov/iraq

For additional information:

For information and communications technology related products, please see: http://www.emich.edu/ict_usa/TURKEY.htm.


Gregory Harris is an international trade specialist with the U.S. Department of Commerce’s Export Assistance Center in Grand Rapids (616-458-3564).

Date Updated: March 27, 2007


 

 

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