When planning to do international trade with Turkey it is important to know the Global Import Export Data to make informed business decisions.

The Turkey export import data provides the trends and authentic data about the importers and exporters of the country. As per the Turkey Import Data, the main imports of Turkey are machinery, transport equipment, electrical machinery, mineral fuels, and lubricants. The import partners are Russia, China, Switzerland, and Germany.

The data provides the authentic, accurate and real-time information to the importers of Turkey and contains details like HS code, price, importers destination, quantity, custom data, shipment data and competitors address.

As per Turkey Export Data, the main exports of Turkey are cars, motor vehicles, delivery trucks, refined petroleum and buses. The main export partners are Germany, United Kingdom, United States, Iraq and Italy.

Key procedures to open import export business in Turkey

Learn about country’s dynamics: Before starting import export business know about the trade dynamics of the country so that you can make informed business plan. Know about the main imports and export of Turkey for past few years and also ascertain about the main import export partners.

Choose the best import export product: Choose the product for international trade based on the two criteria- the product must be suitable to you and it must have the biggest profit potential. Also compare the prices so that you can choose the profitable deal.

Establish company and apply for license: Establish the import export company and register it for availing licence. Also register private limited company, open bank account, apply for export import licenses, and work out other formalities like creating website and more.

Decide the target market: After you have chosen the products for export import business, it is time to ensure the right target markets. Consider the markets that guarantee profitable business. Check online to find information about your country’s greatest export and import markets.

Documents for import and exports: Republic of Turkey, Customs and Trade department looks after import and export related matters, fights with illegal trades and initiate genuine trade in Turkey. The documents may have to be prepared in a special way to comply with the requirements of import or export country. It is important to understand right export import documents for smooth international procedures.