Known all over the world for its carpets and clothes, Turkey has long held a major place in the world textile and ready-to-wear markets. In recent times, however, that status has been challenged by lower-cost Asian producers, obliging the sector to go further upscale, and capitalise on its great structural flexibility in order to beat...
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Articles & Analysis | Keeping up with tradition: Sales of textiles and clothing remain steady from The Report: Turkey 2013
Articles & Analysis | Head out on the highway: International automotive companies gain a presence via joint ventures from The Report: Turkey 2013
The sixth-largest vehicle manufacturer in the EU and the 17th-largest in the world, Turkey is now a major player on the global automotives map. Indeed, within the EU, it is first in light commercial vehicle (LCV) production and second in buses, turning out a total of 1.073m units of all kinds in 2012.
Articles & Analysis | Bringing chemicals into the mix: A growing sub-sector is changing the import and export rankings from The Report: Turkey 2013
Taken in its broadest sense to include sub-sectors such as petrochemicals, fertilisers, soaps and detergents, pharmaceuticals, paints and colouring agents, as well as raw chemical production, Turkey’s chemical business ranks second among domestic export industries, after automotives. Indeed, the sector has been steadily climbing its way to a...
Interviews & Viewpoints | Norbert Klein, CEO for Turkey, Central Asia, Middle East and North Africa, Bosch Siemens Home Appliances, on Turkey’s status as a regional base for multinationals from The Report: Turkey 2013
Turkey recently became the biggest producer of white goods in Europe. When we take a broader view and look beyond just this sector, we can see that the country is now sea of opportunity for investors outside of the European continent.
Chapter | Industry & Retail from The Report: Turkey 2013
Accounting for between a quarter and a third of GDP, Turkey’s industrial sector is a global player in areas as diverse as automotive, ready-to-wear, chemicals and retail. A major source of Europe’s industrial imports – as well as a destination for the continent’s exports – Turkey also carried out significant trade in industrial goods with the Middle East, Central Asia and beyond. Despite the...
From cocoa to mobile phone handsets and cement to aircraft, Indonesia’s industry sector is surging as firms look to make inroads within the region and further abroad. However, a lack of infrastructure remains a limiting factor on growth.