How much does Turkey import from India?

Imports from India in Turkey averaged 519.12 USD Million from 2014 until 2021, reaching an all time high of 830.23 USD Million in July of 2018 and a record low of 213.31 USD Million in May of 2020. This page includes a chart with historical data for Turkey Imports from India.

Which products does Turkey import from India?

Main Import Items: Crude oil, precious stones, pearls, electronic machines, nuclear reactors, organic chemicals.

What is Turkey’s biggest import?

Turkey’s Top Imports

  • Refined petroleum – $12.4 billion.
  • Gold – $11.3 billion.
  • Scrap iron – $6.47 billion.
  • Petroleum gas – $3.72 billion.
  • Coal briquettes – $3.53 billion.

Does India trade with Turkey?

As of 2015, the bilateral trade between India and Turkey stood at US$6.26 billion.

India–Turkey relations.

India Turkey
Indian Ambassador to Turkey Sanjay Panda Turkish Ambassador to India Firat Sunel

What does Turkey import and export?

Yearly Imports

The most recent imports of Turkey are led by Gold ($11.5B), Refined Petroleum ($9.92B), Crude Petroleum ($6.55B), Vehicle Parts ($5.72B), and Scrap Iron ($5.19B). The most common import partners for Turkey are Germany ($21.2B), China ($18.2B), Russia ($16.4B), United States ($10.4B), and Italy ($9.4B).

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What products are made in Turkey?

The top ten exports include vehicles, machinery (including computer components), gems and precious metals, knits and clothing, iron and steel, electrical machinery and other equipment, non-knit clothes and accessories, articles made of iron or steel, plastics, and related products, and mineral fuels including oil.

Can India export to Turkey?

However, most of the process to export and import are same. The main commodities exported by India to Turkey are rice, yarn, parts and accessories of the motor vehicles, tractors, cotton, antibiotics etc. Export process from India to Turkey and other countries is almost same worldwide.

How is export price calculated in India?

Export Pricing can be determine by the following factors:

  1. Range of products offered.
  2. Prompt deliveries and continuity in supply.
  3. After-sales service in products like machine tools, consumer durables.
  4. Product differentiation and brand image.
  5. Frequency of purchase.
  6. Presumed relationship between quality and price.

What is India’s main export?

India’s major exports included petroleum products, gems and jewelry, and drug formulations. Additionally, the value of the various types of machinery India exported was valued at over 29 billion U.S. dollars. Other major exports include spices, tea, coffee, tobacco in agriculture, along with iron and steel.

What is Turkey’s main export?

Turkey’s biggest export products by value in 2020 were cars, automotive parts or accessories, trucks, refined petroleum oils and jewelry. In aggregate, those major exports account for 15% of overall exports sales from Turkey. That percentage suggests a relatively diversified range of exported goods.

Is Turkey rich than India?

India vs Turkey: Economic Indicators Comparison

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India with a GDP of $2.7T ranked the 7th largest economy in the world, while Turkey ranked 19th with $771.4B. By GDP 5-years average growth and GDP per capita, India and Turkey ranked 6th vs 36th and 150th vs 78th, respectively.

Is Turkey friend of Pakistan?

On 2 April 1954, Pakistan and Turkey signed a treaty of friendship and cooperation. … Both nations have sought to expand cooperation to fight terrorism. Both countries are also members of the Organisation of Islamic Cooperation. Turkey is also currently a major arms seller to Pakistan.

Is there any Hindu in Turkey?

Most Indians are Hindu and the community forms the bulk of Hindus in Turkey. In recent times, there have been efforts to promote tourism and culture from India as a means of developing the community and establishing better relations with Turkish society.