MINISTRY of ECONOMYDOING BUSINESS

WİTH TURKEY

M. Emrah SAZAK

Chief Commercial Counsellor

Embassy of Republic of Turkey

A - FIGURES ABOUT TURKEY ECONOMY

B - TRADE FIGURES BETWEEN TURKEY AND BULGARIA

C – THE ROLE OF THE COMMERCİAL COUNSELLOR

OUTLINE

Ministry of Economy 2

TURKEY - BRIDGE OF 3 CONTINENTS

Direct flight from Istanbul

to more than 100 countries and

250 destinations.

Turkey is Bridge between Asia, Europe and Africa.

Top 20 Economies (Current, PPP)

Source: World Bank

Turkey ranks as the 17th largest economy in the World and 6th in Europe.

4

GDP GROWTH

Ministry of Economy 5

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

5.30

9.40

8.40

6.90

4.70

0.70-4.80

9.208.80

2.10

4.10

2.90

Growth %

Turkey's Share in Global Merchandise Exports (%)

Ministry of Economy 6

2007 2008 2009 2010 2011 2012 2013 2014

0.77

0.820.81

0.75

0.74

0.83

0.81

0.80

Turkey’s share in global merchandise exports was %0.80 in 2014

Turkey's Share in Global Merchandise Imports (%)

Ministry of Economy 7

2007 2008 2009 2010 2011 2012 2013 2014

1.19 1.22

1.10

1.20

1.30 1.271.33 1.30

Turkey’s share in global merchandise import was % 1.30 in 2014

Turkey's annual trade with Bulgaria 2005-2014 (Million Euro)

Ministry of Economy 8

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

-500

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

991

1,3921,544

1,339

847

1,317

1,7331,958

2,004 2,073

888

1,105

1,5061,407

9351,067

1,076 1,1941,378 1,397

1,879

2,497

3,050

2,746

1,782

2,384

2,809

3,1523,382

3,470

102288

39 -69 -89

250657

763626 676

ExportsImportsForeign trade volumeForeign trade balance

Bulgaria’s export destinations (Million EUR / %)

Ministry of Economy 9

Germany

Turkey

Italy

Romania

Greece

France

Belgium

China

Russia

Holland

0 500 1,000 1,500 2,000 2,500 3,000

2,657 – 12.01 %

2,073 – 9.37 %

1,980 – 8.95 %

1,749 – 7.91 %

1,481 – 6.7 %

948 – 4.29 %

918 - 4.15 %

534 – 2.41 %

528 – 2.39 %

496 – 2.24%

Russia

Germany

Italy

China

Romania

Turkey

Greece

France

Poland

Czech republic

0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500

4,075 – 15.56 %

2,937 – 11.21 %

1,826 – 6.97 %

1,783 – 6.81 %

1,406 – 5.37 %

1,397 – 5.33 %

1,167 – 4.46 %

810 – 3.09 %

748 – 2.86 %

550 – 2.1 %

Bulgaria’s import destinations (Million EUR / %)

Mineral fuels, oils, distillation products, etc

Copper and articles thereof

Electrical, electronic equipment

Wood and articles of wood, wood charcoal

Oil seed, oleagic fruits, grain, seed, fruit, etc, nes

Iron and steel

Lead and articles thereof

Plastics and articles thereof

Machinery, nuclear reactors, boilers, etc

Inorganic chemicals, precious metal compound, isotopes

Residues, wastes of food industry, animal fodder

Zinc and articles thereof

Glass and glassware

Cereals

Albuminoids, modified starches, glues, enzymes

0 100000 200000 300000 400000 500000 600000 700000 800000 900000

836787

545302

198834

170200

143292

139170

100227

81251

59072

53440

49135

41054

36413

33302

29003

The first 15 product groups that Bulgaria exports to Turkey (Thousand / USD)

Plastics and articles thereof

Machinery, nuclear reactors, boilers, etc

Electrical, electronic equipment

Copper and articles thereof

Knitted or crocheted fabric

Vehicles other than railway, tramway

Rubber and articles thereof

Iron and steel

Aluminium and articles thereof

Ores, slag and ash

Edible fruit, nuts, peel of citrus fruit, melons

Manmade staple fibres

Articles of iron or steel

Cotton

Articles of apparel, accessories, knit or crochet

0 50000 100000 150000 200000 250000190578

161864

147383

144201

121845

119235

104834

90197

80353

69135

62444

55231

51203

46991

45577

The first 15 product groups that Bulgaria imports from Turkey (Thousand / USD)

OUR MISSIONS

AS OFFICE OF THE COMMERCİAL COUNSELLOR OF TURKEY, WE ARE READY TO ENHANCE THE INTERLINKAGES BETWEEN TURKEY

AND BULGARIA

• Promote investment and trade between TURKEY and BULGARIA;

• Build strong relations with government organizations, business associations and non-profit organizations;

• Promote Turkish products and opportunities to local business;

• Promote investment and investment incentives in TURKEY;

• Help Turkish exporters to enter in the BULGARIAN market;

• Help Bulgarian buyers who are searching for opportunities in Turkey;

TOOLS

EMBASSY OF THE REPUBLIC OF TURKEYOFFICE OF COMMERCIAL COUNSELLOR AT SOFIA

• Pronounce and promote International Trade shows holding in Turkey;

• Invite and support buyers from Bulgaria who are interested in Turkey;

• Organize buyer programs for Turkish products;

• Access to exporter database and statistics in Turkey;

• Provide info to bulgarian buyers who want to contact Turkish suppliers;

• Advise Turkish exporters in understanding of Bulgaria market;

• Matchmaking for Turkish and Bulgarian companies;

go further with TURKEY

M. Emrah SAZAKChief Commercial Counsellor of Turkey

OFFICE OF COMMERCIAL COUNSELLOR Address: 98 Bulgaria Blvd. Floor 7Office 13 D-14DSofia, BulgariaTel :00 359 2 958 12 02Fax :00 359 2 958 14 25E-mail :sofya@economy.gov.tr