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Main Economic Sectors - Economy of TURKEY

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Turkey is defined as one of the World's newly industrialized Countries





Turkey has the World's 20th-largest nominal GDP and 11th-largest GDP by PPP
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Istanbul Finance Center Project come to life in 2022

This landmark government project aims to build a larger financial center than the existing ones in New York, London and Dubai and also aims to make Istanbul one of the center of finance internationally
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Many People says Turkiye produce nothing
let's learn the truth






Construction Sector



Total of 44 Turkish construction and contracting companies were listed in the Top 250 International Contractors List prepared by the Engineering News-Record

Total worth of projects undertaken by Turkish contractor firms abroad reached $395 billion as of the end of 2019


The total construction project pipeline in Turkey stands at $508 billion
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Motor Vehicles and Automotive



Global car manufacturers with production plants include Fiat/Tofaş, Oyak-Renault, Hyundai, Toyota, Honda and Ford/Otosan


Turkish automotive companies like TEMSA, KARSAN ,OTOKAR and BMC are among the world's one of largest van, bus and truck manufacturers
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Turkey exported thousands of Buses to many Countries including Germany , İtaly , Poland, Romania

BOZANKAYA has exported SILEO S18 new generation Electric Buses to Hamburg and Aachen (Germany)

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KARSAN Electric Bus
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OTOKAR Electric Bus
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Turkey is in 5th place in Europe and 15th place in the World in terms of auto production numbers
In 2019 the total export amount reached 31.2 billion $
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Turkey's first indigenous Electric Car TOGG to hit the market in 2022
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Shipbuilding Industry



The number of shipyards has risen from 37 to 83 in Turkey between 2003 and 2020
Turkey has 585 places for boat production, with a capacity to produce 700,000 tons of steel every year and to build 4.5 million deadweight tons of ships


there are 34 Freight and Container Ships ( 1,6 million DWT ) orders to Turkish shipyards from worldwide
( Turkey ranks 4th after China,S.Korea and Japan )
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Turkish RMK Marine built 7,000 dwt Chemical Tanker fot The UK
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Turkey’s Kuzey Star Shipyard built Russia's first LNG-powered RO-RO Ship for FSUE Rosmorport in Tuzla, Istanbul
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It is a little known fact that Turkey ranks 4th among the world’s luxury yacht producers with 10% of the large yacht production
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Multiple unit Trains, Locomotives and Wagons



TURKEY's first indigenous Tranway , Durmazlar Holding has won Tram transportation tender in Poland for12 Tram sets

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BOZANKAYA has exported 16 Trams to Timisoara ( Romania )
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BOZANKAYA AŞ has sold 22 of 4-car Metro trains to Thailand which will be used in Bangkok City Green Line subway project
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Turkey as the 4th country that has the technology to design and produce a domestic hybrid locomotive as such across the world
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Turkey's 1st indigenous electric Train served in 2020
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Machinery


Turkey's machinery exports were $17.1 billion in 2019 ( before pandemic )


The machinery sector’s exports to the U.S, U.K., Italy and France increased
Turbines and hydraulic cylinders exported to the United States
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AYAMATEK Makina developed the Europe's largest 5-axis CNC milling machine
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E-BERK Tunnel drilling Machine ......... ( TURKEY's first indigenous Tunnel drilling Machine )
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Turkey's first 5-axis CNC machine
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IGM FR 3500 Series
5-Axis Gantry Type Monoblock Milling Machine

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IGM Portal HSM 5000
5-Axis Gantry Type Milling Machine

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DNR CNC VERTICAL MACHINING CENTER
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DNR CNC LATHE
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DNR NC HORIZONTAL SPINDLE TYPE SURFACE GRINDING MACHINE
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Drinns DCNC Series 5 Axis Gantry CNC Milling Machine
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Ermaksan ENA 250 3D metal printer and titanium powder
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Consumer Electronics and Home Appliances


VESTEL
BEKO
ARCELIK

Turkish brands like Beko and Vestel are among the largest producers of consumer electronics and home appliances in Europe

VESTEL City is the biggest factory in Europe 1 million m2

VESTEL Smart Phone
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Titanium100

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Textiles and Clothing



Turkey ranked as the 4th largest exporter of textiles worldwide to make more than $20 billion in exports in 2021

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Steel-Iron industry




Turkey is ranked 2nd in Europe and 7th in the world with 35.8 million tons of crude steel production in 2020


Turkey is ranked 2nd in Europe after Russia and seventh in the world with 35.8 million tons of crude steel production

Turkey's revenue from steel export $8.6 billion

1-- China 1.053
2-- India 99.6 mil
3-- Japan 83.2 mil
4-- Russia 73,4 mil
5-- USA 72,7 mil
6-- South Korea 67,1 mil
7-- Turkey 35,8 mil
8-- Germany 35,7 mil

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Hidromek HICON 7W Electric Urban Excavator



Hicon 7W can be operated 8 hours long and takes 3,5 hours to fully charge it 1,5 hours with fast charge. Batteries and electric motor also manufactured in Turkey along side software and other hardwares


Turkish company HİDROMEK is one of the world's well-known construction equipment manufacturers whose machines are working in more than 100 countries on 6 continents around the world, establishing HİDROMEK WEST in Spain, HİDROMEK RUS in Russia, HİDROMEK CE in Thailand and HİDROMEK JAPAN in Japan to carry out the authorized dealer management, sales and after-sales services


HİDROMEK is currently the recipient of a total of 20 internationally prestigious design awards
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xuxu1457

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Steel-Iron industry




Turkey is ranked 2nd in Europe and 7th in the world with 35.8 million tons of crude steel production in 2020


Turkey is ranked 2nd in Europe after Russia and seventh in the world with 35.8 million tons of crude steel production

Turkey's revenue from steel export $8.6 billion

1-- China 1.053
2-- India 99.6 mil
3-- Japan 83.2 mil
4-- Russia 73,4 mil
5-- USA 72,7 mil
6-- South Korea 67,1 mil
7-- Turkey 35,8 mil
8-- Germany 35,7 mil

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China has a joke:
crude steel production :
1 china 1 billion tones
2. HEbei province of china:180 million tons
3.tangshan city of hebei province in china:144million tones
 

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TOURISM




11 of top 100 luxury Hotels in the World are in Turkey



Turkey attracted a record number of visitors with 51.9 million people in 2019 ( before Pandemic )
Turkey's tourism revenues also hit $34.5 billion in 2019
Turkey as 6th most visited Country in the World after France , Spain , USA , China , İtaly

The new tourism strategy targets over 75 million tourists and $65 billion in tourism revenue by 2023



The top 7 most luxurious hotels in the world

1. Mardan Palace, Antalya-Turkey
2. Burj Al Arab, Dubai
3. Atlantis Paradise, Bahamas
4. Emirates Palace, Abu Dhabi
5. The Plaza, New York City
6. Westin Excelsior, Rome
7. The Palms, Las Vegas




Mardan Palace Turkey ( most luxurious hotel in the world )

Mardan Palace is a luxury hotel based in Lara, Antalya with a cost of $1.4 billion
With over 560 hotel rooms

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Kaya Belek Antalya
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Club Mega Saray
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Calista Luxury Resort
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Cornelia De Luxe Resort
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DELPHIN IMPERIAL LARA
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Maxx Royal Belek
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Granada Luxury Belek
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Titanic Deluxe Golf Belek
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Susesi Luxury Resort

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Sianji Well-Being Resort
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Royal Holiday Palace
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DEFENSE INDUSTRY



The Turkish defense industry has exported 228 products to 170 countries in several geographies within the past ten years, Presidency of Defense Industries (SSB) Chairperson Ismail Demir said on Saturday




While only 62 defense projects were carried out nearly 20 years ago,
today this number has exceeded 750. About half of these projects have been launched in the last 5 years


While defense projects with a budget of $5.5 billion were carried out
the project volume of approximately $60 billion has been reached



We expect to complete 2021 with an export of over $3 billion


UKraine , Poland , Morocco , Ethiopia , Azerbaijan , Kyrgyzistan , Kazakshstan , Qatar , Tunusia , Libya bought Turkish UCAVs
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HURKUŞ Aircraft , Bayraktar TB2 UCAV and various Armored Vehicles to NIGER
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Nigeria bought ASELPOD Targeting Pod to use on JF-17 Fighter Jets
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Nigerian Navy to procure 2 New Vessels From Turkey

The Nigerian Navy has signed a contract with a Turkish company DEARSAN for the purchase of 2 Offshore Patrol Vessels (76 meters ) expected to be completed within 37 months
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Turkmenistan took delivery of DEARSAN C92 Corvette
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Bangladesh Army received the delivery of Turkish made TRGL-230 MLRS systems along with TRG-300 Kaplan missiles
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Indonesia takes delivery of torpedo countermeasures for Submarines
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Indonesia's new 90 m offshore patrol Vessels to equip with ADVENT next generation network enabled data integrated Combat Management System

Turkish defence systems company Havelsan is working with Thales Nederland to equip Indonesia's new class of two 90 m offshore patrol vessels (OPVs) with its combat sensors
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6 T-129 Attack Helicopters to Philippines
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Pakistan's first BABUR class Corvette launched in Istanbul in 2021
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Turkish Shipyard lays keel first ADA class Corvette For Ukraine in 2021
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FURNITURE INDUSTRY



The Turkish furniture sector exports to 172 countries and 202 customs points, making it the world's 6th-largest furniture exporter

The sector closed last year with exports worth $4.3 billion

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