Turkey offers abundant opportunities in a wide variety of sectors where it has a competitive edge.
AUTOMOTIVE
15th largest manufacturer globally
Annual production: 1.6 million units
Market: USD 24 billion
Exports: USD 32 billion
MACHINERY
Largest TV & white goods producer in Europe Market: USD 38 billion
Exports: USD 25 billion
DEFENSE & AEROSPACE
Defense spending: USD 19 billion Industry: USD 8.7 billion
Exports: USD 2.2 billion
Air passengers: 210 million
ENERGY
Market: USD 66 billion Growing demand
Energy hub
Untapped renewables
AGROFOOD
Market: USD 80 billion Exports: USD 17 billion
Exports to around 200 countries
INFRASTRUCTURE
PPP investment: USD 127 billion (2003-2018) More opportunities in transportation, energy, healthcare
FINANCIAL SERVICES
Double-digit growth Ever-growing Islamic finance
Istanbul Financial Center
Source: TurkStat, Ministry of Industry and Technology, SASAD, OSD, SBB; export values as of 2018, market values as of 2017; defense industry value as of 2018