#GlobalTradeData
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Where Can I Find Trade Data?
An International Trade Database can assist you with this monumental effort and boost your chances of gaining a significant market share. Seair Exim Solutions can help you strengthen your strategy.
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India Potato Export import Market: Insights, Trends, and Strategies
As the world’s second-largest producer of potatoes after China, India holds a pivotal position in meeting the global demand for this versatile crop. In this article, we delve into the key highlights, trends, and strategies shaping India’s potato export landscape.
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https://www.seair.co.in/blog/revolutionize-your-business-the-importance-of-export-import-data-in-your-supply-chain.aspx
To understand the importance of export-import data in your supply chain, explore this blog. You'll gain access to real-time global trade data and market trends.
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Global Mushroom Trade 2023: Detailed Market Analysis and Growth Opportunities
This blog will discuss the detailed analysis of how Mushroom exports from India, including Mushroom export import data and highlighting the key trends and challenges for the Mushroom export and import market.
Read more: https://www.exportimportdata.in/blogs/global-mushroom-trade.aspx
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What are the trade relations between Ukraine and Turkey?
Overview of trade relations
Trade relations between countries play a crucial role in fostering economic development, encouraging international cooperation, and enhancing diplomatic ties. Ukraine and Turkey have a long history of bilateral trade, which has seen significant growth in recent years. Both countries have recognized the importance of strengthening their economic cooperation, leading to the establishment of fruitful trade relations. In this article, we will delve into the trade relations between Ukraine and Turkey, exploring their import and export data, and shedding light on the key aspects of their economic partnership.
Ukraine Import Data and key imports from Turkey.
Ukraine's imports from Turkey have been steadily increasing over the years. According to recent Ukraine import data, Ukraine imported a wide range of products from Turkey, including textiles, machinery, automotive parts, chemicals, and agricultural products. The trade volume between Ukraine and Turkey has shown a positive trend, providing ample opportunities for businesses in both countries to expand their market presence. Key imports from Turkey as per the Ukraine import data include:
Machinery and equipment: Ukraine relies on Turkish machinery and equipment for industries such as manufacturing, agriculture, and construction. These imports contribute to the development of Ukraine's infrastructure and industrial sectors.
Vehicles: Turkish automobiles, trucks, and buses are popular in Ukraine. The import of vehicles from Turkey helps meet the demand for transportation within the country and supports its automotive industry.
Chemicals: Ukraine imports a range of chemicals from Turkey, including fertilizers, pharmaceuticals, and polymers. These imports play a crucial role in various sectors, such as agriculture and healthcare.
Textiles and apparel: Turkish textiles and apparel products are well-known for their quality and affordability. Ukraine imports a significant amount of clothing, fabrics, and textile materials from Turkey to cater to its domestic market.
Ukraine Export Data and its exports to Turkey
Similarly, Ukraine has been exporting various goods to Turkey. The export data reveals that Ukraine primarily exports agricultural products, such as grains, oilseeds, and processed food items, to Turkey. Additionally, Ukraine's mineral fuels, metals, and chemical products also find their way into the Turkish market. Turkey has played a vital role in driving its export growth. Some of Ukraine's major exports to Turkey according to the Ukraine export data include:
Grain and agricultural products: Ukraine is known for its fertile land and agricultural productivity. It exports a substantial amount of grain, including wheat, barley, and corn, to Turkey. Additionally, other agricultural products such as sunflower oil and poultry are exported.
Iron and steel: Ukraine has a strong iron and steel industry, and Turkey is a major destination for Ukrainian exports in this sector. Steel products, including pipes, rods, and coils, are among the items exported to Turkey.
Mineral fuels: Ukraine exports a significant number of mineral fuels, such as coal and petroleum products, to Turkey. These exports play a vital role in meeting Turkey's energy demands.
Chemical products: The Ukrainian chemical industry exports various products such as fertilizers, pharmaceuticals, and dyes to Turkey. The chemical sector contributes to the diversification of exports and strengthens bilateral trade.
Boosting Economic Relations
The trade relations between Ukraine and Turkey have been further strengthened through various initiatives aimed at boosting economic cooperation. Both countries have engaged in bilateral meetings, trade exhibitions, and business forums to foster a favorable environment for trade and investment.
Free Trade Agreement
A milestone in Ukraine-Turkey trade relations was the signing of a free trade agreement in 2011. This agreement has facilitated enhanced market access for goods and services between the two countries, contributing to increased trade volumes. The elimination of tariff barriers and other trade restrictions has proven beneficial for businesses on both ends, promoting healthy competition and growth.
Investments and Joint Ventures
In addition to traditional trade relations, Ukraine and Turkey have also witnessed an upsurge in investments and joint ventures. Turkish companies have shown a keen interest in Ukraine's agriculture, energy, and manufacturing sectors. These investments have not only brought financial benefits to Ukraine but have also contributed to the transfer of expertise and technology, fostering mutual growth.
Future Prospects
The trade relations between Ukraine and Turkey hold immense potential for further growth and diversification. Both countries have identified key sectors for collaboration, such as infrastructure development, renewable energy, and information technology. Exploring these untapped opportunities will undoubtedly lead to the expansion of bilateral trade and strengthen the overall economic partnership.
Conclusion
Ukraine and Turkey have successfully nurtured a robust trade relationship, driven by mutual interests and collaborative efforts. The import and export data between the two countries underscore the diverse range of goods exchanged, reflecting the multifaceted nature of their economic ties. With continued efforts to foster cooperation, eliminate trade barriers, and explore untapped sectors, Ukraine and Turkey are poised to achieve even greater economic success in the future.
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Turkey International Trade Scenario – Widening of Foreign Trade Gap
According to Turkey Export data in the years 2018-22, the value of the Turkish Lira declined significantly due to a major debt crisis and rising inflation. This had a major impact on the GDP of the nation (PPP and per capita). In the past many years, the developments that have been done in the nation are commendable and are happening on regular time intervals. For more info:https://tradingimex.wordpress.com/2023/06/02/turkey-international-trade-scenario-widening-of-foreign-trade-gap/
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MAJOR EXPORTING AND IMPORTING PRODUCTS OF TURKEY TO AND FROM THE PHILIPPINES – 2022
OVERVIEW
Today, under this blog post, we are going to list the top import as well as export products from Vietnam and the Philippines with respect to each other. First, we are going to see the market size of those products in their respective country, and following this, we will try to compare the Imports and exports of those goods to another country by observing the last five years’ trends.
WHAT TURKEY EXPORTS TO THE PHILIPPINES THE MOST?
Starting with Turkey, based on Turkey Export Data 2022, the largest exports to the Philippines in that year were Aircraft, spaceships, and their respective spare parts. As the Philippines is on its way to expanding its defense and military strength, Turkey understood the underlying situation and exported aircraft to the Philippines.
The defense sector of Turkey is quite big and plays a major role in taking the economy of the country forward. Being the 3rd biggest spender in the defense and aircraft sector in the year 2022, Turkey exported the same to the Philippines worth USD 152.04 million.
If we go further deep into the major exports from Turkey to the Philippines in 2022, then we reach the conclusion that Turkey Export Data also mentions that Turkey exported mechanical tools like nuclear reactors and boilers after aircraft to the Philippines worth USD 24.83 million. The past 5 years’ trend is as follows:
EXPORTS OF MACHINERY FROM TURKEY TO THE PHILIPPINES (2018-22)
YEAR
2018
2019
2020
2021
2022
VALUE
USD 16.05M
USD 15.86M
USD 15.01M
USD 16.98M
USD 24.83M
A clear spike is seen from 2020 to 2022 as the markets reopened after a long lockdown period which affected trade in the years 2019 and 2020.
WHAT PHILIPPINES EXPORTS THE MOST TO TURKEY?
After seeing that major export product from Turkey to the Philippines, now let’s head towards the major export product from the Philippines to Turkey in the year 2022 followed by its past 5 years’ trend.
From all exports of the Philippines to Turkey, according to the Philippines Export Data for the year 2022, the major export was of electrical machines and their spare parts, like TV, sound recorders, etc. which was worth USD 102.66 million. The electrical machines market of the Philippines is quite big and is expanding at a rapid pace currently.
The past 5 years’ trend with respect to exports to Turkey from the Philippines as per the Philippines Export Data is:
EXPORTS OF ELEC. MACHINES FROM THE PHILIPPINES TO TURKEY (2018-22)
YEAR
2018
2019
2020
2021
2022
VALUE
USD 45.59M
USD 53.79M
USD 49.14M
USD 66.97M
USD 102.6M
Just like Turkey Trade data for the year 2019-2020, the Philippines Trade Data also experienced a decline in exports from 2019-20 due to the global restrictions and lockdown.
CONCLUSION
In the end, we would just like to add that the trade relations and bilateral trade between Turkey and the Philippines are very strong and frequent. Despite being hit by the pandemic, the trade between the two countries recovered again and now creating new records every year. The Philippines Import Data and Turkey Import Data are also experiencing similar growth in recent years.
PRO TIP
For more such trade-related information and reports, stay in touch with our website, and don’t forget to subscribe to our newsletter. Also, if you are planning to perform any foreign trade and looking for the best Import Export Data or Global Trade Data of any country, then you can surely connect with us, and we will assist you in the best possible manner.
For More Info-
Philippines Import Data
Turkey Trade Data
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Exim Panel provide services of Global Import Export Data of more than 85+ countries and 190+ ports all over the world, for more than 80 million products with 4000 different commodities. We are well known for providing USA Import Export Data, USA Importers Data, USA Exporters Data, US Importer Exporter List. Our customer executive team is available 24*7 around the clock to help you with import export data queries. Our well qualified experts will provide you with high quality data services at affordable price.
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Global Commerce Unveiled: Your Guide to International Trade Data
In an interconnected world, international trade is the backbone of global commerce. Businesses thrive on the exchange of goods and services across borders, shaping economies and fostering collaboration between nations. At the heart of this dynamic system lies a wealth of information – International Trade Data. This article delves into the significance of import and export data, with a special focus on India's role in the global trade landscape.
Read More: https://theamberpost.com/post/global-commerce-unveiled-your-guide-to-international-trade-data
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Starting and operating a business is a rollercoaster ride, so you should be aware of the risks involved and how to deal with any potential dangers to your company. To minimize any risk or threat, you can get the best import business advice from the best Import Export Data provider. You can visit the Seair Exim solutions to see the available Custom data.
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Top Import Export Data Provider - Eximpedia
As organizations strive to expand their global footprint, monitoring market trends and identifying opportunities becomes paramount. This necessitates partnering with a reliable import-export data provider. This article introduces you to India's leading import-export data provider, EximPedia, shedding light on how their services can fuel global business expansion.
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Explore the intricate web of global trade with Seair Exim Solutions' comprehensive article, 'Where Can I Find Information on World Exports and Imports?' Unlock valuable insights into international commerce, discover key sources for up-to-date data, and navigate the dynamic landscape of global exports and imports.
#InternationalTradeImportsandExports#GlobalTradeData#ImportExportData#USImportData#USImportsData#HSNCodes#hsncodeslist#searchhscode
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#export import#import export data#global trade#globaltradedata#vietnam export data#turkey export data#usimportdata
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Reliable Indian Trade Data online
#indian trader#exporters#globaltradedata#importexportdata#importers#export#global#importexport#trade data#export data#import export
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