EXPORT TO AFRICA FROM TURKEY 2023

Turkey has been increasing its exports to Africa in recent years, with a total export value of $15.2 billion in 2020. The value of Turkish exports to Africa increased to $21.2 billion in 2021, and further rose to $24.0 billion in 2022, demonstrating a clear upward trend.

Looking at specific product groups, Turkish exports of articles of jewelry and parts thereof made of precious metals other than silver amounted to $218.4 million in 2020, which increased to $677.9 million in 2021, and then slightly decreased to $625.8 million in 2022. Similarly, exports of bars and rods of iron or non-alloy steel with indentations, ribs, grooves, or other deformations amounted to $328.3 million in 2020, and increased to $467.8 million in 2021, before further increasing to $485.7 million in 2022.

Exports of sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified, amounted to $319.6 million in 2020, which decreased slightly to $265.6 million in 2021, before rebounding to $476.8 million in 2022. Meanwhile, exports of uncooked pasta not containing eggs amounted to $351.0 million in 2020, which increased to $410.4 million in 2021, and then further increased to $449.3 million in 2022.

Exports of crude soya-bean oil, whether or not degummed, amounted to $50.1 million in 2020, which significantly increased to $141.5 million in 2021, and then to $329.9 million in 2022. Exports of semi-finished products of iron or non-alloy steel containing less than 0.25% carbon, amounted to $172.2 million in 2020, and increased to $259.8 million in 2021, before further increasing to $297.2 million in 2022.

Exports of wheat or meslin flour amounted to $224.7 million in 2020, which increased to $295.0 million in 2021, and then slightly increased to $296.9 million in 2022. Similarly, exports of disodium carbonate amounted to $79.1 million in 2020, and slightly increased to $85.0 million in 2021, before significantly increasing to $199.8 million in 2022.

Exports of electric conductors for a voltage of up to 1,000 volts, insulated, not fitted with connectors, and not elsewhere specified, amounted to $136.3 million in 2020, which increased to $171.4 million in 2021, before further increasing to $188.2 million in 2022. Finally, exports of carpets and other floor coverings of man-made textile materials, woven, not tufted or flocked, amounted to $190.9 million in 2020, which increased to $263.5 million in 2021, and then slightly decreased to $176.8 million in 2022.

Overall, Turkey's increasing exports to Africa present significant opportunities for companies seeking to expand their reach in the African market. With the added benefit of the current recession in Europe, Turkey's opportunities to increase its exports to Africa have become even greater. Companies looking to take advantage of these opportunities should focus on product categories with the highest growth rates, such as crude soya-bean oil and semi-finished products of iron or non-alloy steel, and articles of jewelry and parts thereof made of precious metals, bars and rods of iron or non-alloy steel with indentations, ribs, grooves, or other deformations, and uncooked pasta not containing eggs. Additionally, companies can explore emerging product categories such as disodium carbonate, sunflower-seed or safflower oil and their fractions, and electric conductors for a voltage of up to 1,000 volts, insulated, not fitted with connectors, and not elsewhere specified.

It is worth noting that the increasing trend in Turkey's exports to Africa is a positive sign for the Turkish economy, as it indicates growth and diversification in its export markets. Furthermore, the current recession in Europe presents a unique opportunity for Turkey to expand its exports to Africa and strengthen its economic ties with the continent.

In conclusion, Turkey's increasing exports to Africa and the current economic climate present opportunities for companies looking to expand their reach in the African market. With a diverse range of products experiencing significant growth, companies can strategically position themselves to take advantage of these opportunities and further strengthen trade ties between Turkey and Africa.

Here are some web site suggestions from us for you to start your business with Africa;

1. Africa Business Pages: https://africabusinesspages.com/
2. Africa Business Communities: https://africabusinesscommunities.com/
3. Africa Export Import: https://africaexportimport.com/
4. ExportHub: https://www.exporthub.com/africa-suppliers/
5. Africa Trade Directory: https://www.africatradedirectory.com/
6. Afrikta: https://www.afrikta.com/
7. GlobalTrade.net: https://www.globaltrade.net/africa.html
8. TradeFord: https://africa.tradeford.com/
9. AfricaBizLink: https://www.africabizlink.com/
10. Go Africa Online: https://www.goafricaonline.com/

For more information and many many more specific sources please contact with our team.