Market Report - Turkey




Background of Turkey

Turkey is the 16th export destination for Sri Lanka and accounted for 1.5% of total exports from Sri Lanka in 2016. Total export value from Sri Lanka to Turkey was US$ 154Mn in 2016 and total imports from Turkey to Sri Lanka for the same period was US$ 69Mn.

Sri Lanka’s main export products to Turkey in 2016 were tea (value added and bulk), woven fabrics, apparel, pneumatic tyres, activated carbon, coco peat and fiber pith, desiccated coconut, industrial and surgical gloves of rubber and essential oil. The main import products from Turkey were electric machinery, animal fat, leather, processed food, woven fabric, cotton during the same year.

Population79,814,871 (31 December 2016)

GDP per Capita (PPP)US $2.082 trillion (2017)

Total ExportsUS $150.1 billion (2016)

Total ImportUS $197.8 billion

CurrencyTurkish lira