Türkiye is considered an emerging market economy and is a member of the G-20 group of major economies. The country has a diverse and growing economy, with major industries including agriculture, manufacturing, and services.
The steel industry is a significant contributor to Türkiye's economy. Türkiye is one of the world's largest steel producers and exporters, with a total production of around 30 million tons in 2019.
The wire, cable, and tube industries are important segments of Türkiye's manufacturing sector. The wire and cable industry in Türkiye is well-developed and includes a wide range of products, such as electrical cables, power cables, data cables, and telecom cables. The industry is supported by a strong domestic market and a significant export market. The tube industry in Türkiye is also well-developed and includes a wide range of products, such as steel pipes, seamless pipes, and welded pipes. The industry is mainly focused on serving the domestic market, but it also has a significant export market, mainly to European Union countries, Middle East, and Africa.
Inhabitants: 85,8 (2023 in Mio.)
Business languages: Turkish, English, German, French
Currency: Turkish lira (TL)
(Source: gtai, Germany Trade and Invest)
