Trade Ministry

Accounting for half of the top 10 companies, automotive firms have dominated Turkey's list of largest exporters, the Turkish Exporters Assembly (TİM) announced on Sept. 18.

Ford was named Turkey's largest exporter in 2020, followed by Toyota Engine Manufacturing Turkey and Oyak Renault.

Authorities have tightened inspections over alleged excessive price increases at supermarkets and marketplaces, Trade Minister Mehmet Muş has said.

The members of a Turkish Ponzi scheme, which is believed to have collected 639 million Turkish Liras ($76 million) from some 13,000 people, have confessed to carrying millions in cash with parcels, daily Hürriyet has reported.

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The total worth of projects undertaken by Turkish contractors abroad hit $6.5 billion in the first half of 2021, according to a report released by the Turkish Contractors Association (TMB) on July 12.

Citing the Trade Ministry's data, the report said that Turkish construction firms undertook 100 projects in 33 countries by the end of June this year.

Turkey on May 18 banned the import of polymer waste such as plastic bags and styrofoam cups.

A notice from the Trade Ministry published in the government's Official Gazette removed polymers from the waste products that can be imported into Turkey.

Turkey is aiming to introduce many products to African importers through the African Virtual General Trade Delegation program for female exporters, which will be held this month in coordination with the Trade Ministry.

Bulgaria is not only Turkey's neighbor, but also our gateway to Europe, stated Chairman of the Turkish-Bulgarian Business Council , Zeki Saribekir, in a written statement quoted by BNR.

Surpassing $15 billion last month, Turkey's exports hit the highest January figure of the country's history, the trade minister said on Feb. 2. 

Turkey's exports in January rose 2.5% year-on-year, Ruhsar Pekcan said at a meeting in the capital Ankara where she revealed preliminary Trade Ministry data.

President Recep Tayyip Erdoğan has said he and Tesla CEO and SpaceX founder Elon Musk have discussed potential joint space projects, recalling the two had already partnered in launching Turkey's Türksat 5A communication satellite in early January.

The innovation of Turkish overseas logistics centers will ensure the rapid flow of exports and products' penetration of international supply chains at low cost, thus serving sustainable export growth, according to an expert.