Turkey: Exporter Guide
The Republic of Turkey has a young population of 81 million people fueling consumption. The country is in a Customs Union with the EU and is the 17th largest economy in the world. An annual average of 3.5 percent GDP growth is forecasted by Economist Intelligence Unit between 2018 and 2023. In 2017 there was a 14 percent increase in total imports of consumer-oriented agricultural products compared to the previous year. Total imports of consumer-oriented agricultural goods have increased 9 percent in the first ten months of 2018 compared to same period in 2017. U.S. food exporters should utilize importers in Turkey to reach the market in most cases. There is still a gap in the market to fill. The food retail sales index is on an upward trend in real terms. The economy has slowed down after summer 2018 and geopolitical challenges continue in the region.
