Turkey and China trade $ 126 billion in 5 years

Turkey and China trade $ 126 billion in 5 years

Between Turkey and China in the last 5 years, 126 billion dollars in exports and imports, while communication tools, electrical machines and textile products came to the fore in trade.

  According to the information compiled by the AA correspondent, the rapid spread of the new type coronavirus (Kovid-19) outside China has opened the debate on the effects of the outbreak on global trade. In this context, the size of the trade relations between China and Turkey, which is an important actor in the world trade volume, is also striking. China, which was the 18th country in which Turkey exports the most last year, has an important place as the 3rd country in imports. In the last 5 years, China exports a total of 13 billion 179 million dollars to Turkey, 112 billion 902 million dollars of imports from this country performed. The trade volume between the two countries reached 126 billion 80 million dollars in 5 years. A trade volume of $ 21 billion to $ 84 million occurred between Turkey and China in 2019. Last year, China imports $ 18 billion 497 million, while foreign sales to this country 2 billion 587 million dollars was recorded.

Products featured in imports from China

Turkey imported over $ 1 billion in 5 items from China last year. These products accounted for 50 percent of the total imports from the country in question. "Means of communication and voice recording" received the highest share (15.6 percent) in trade between the two countries. Last year, Related Products 2 billion 890 million dollars of imports, while 4 million 901 thousand dollars of exports were made. Looking at the subheadings of this trading item, most imports were seen on phones and electrical devices, with $ 1 billion 919 million. Imports from China "electric machines, apparatus and instruments" (2 billion 50 million in the second item, "textile products" in third with 579 million to 1 billion, "industrial machinery and equipment" 1 billion 482 million with the fourth and "office machines and Automatic Data Processing" took fifth place with 1 billion 257 million. On the other hand, medical and pharmaceutical products, organic chemical products, iron and steel products, shoes and travel goods were also prominent items in imports.