ECONOMIC OUTLOOK OF TURKEY
TURKEY - UK
TURKEY - UK
 
Trade

UK is one of the best trade partners of Turkey. Foreign trade volume between the two countries hit all-times record in 2007 since:

- Exports from Turkey to UK increased to $ 8,626 million in 2007 compared to $ 6,814 in 2006. Thus, taking into account the bilateral foreign trade figures of Turkey, UK became the second biggest importer from Turkey in 2007.

- Imports from UK to Turkey totalled to $ 5,471 million in 2007. Hence, taking into account the country-based foreign trade figures of Turkey, UK became the eighth biggest exporter to Turkey.

- Annual trade volume between Turkey and UK surmounted $ 14.1 billion in 2007.

- Turkey’s trade balance with UK was $ 3,155 million in 2007, which is the maximum among the few figures with ‘positive’ trade balance Turkey confronted.

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