Turkey has a dynamic and successful machinery industry. Now Turkey’s machinery exports value is around 10% of total value of exports. Turkish machinery & equipment manufacturers adapt themselves to changing markets and new technologies quickly, so the export values tend to increase in the coming years.
The export values of machinery in the past years
Machine Importing Countries from Turkey
Top importing countries of Turkish made machinery & equipment have been Germany, USA, UK, Italy, and France in recent years. Below table shows the top importing countries and import values realized in years 2015 & 2016.
|COUNTRY||2015 (Million $)||2016 (Million $)||Change %|
|T O TAL||13.338||13.426||0,7|
Rising Sector of Turkey: MACHINERY
Production in the Turkish machinery sector more than doubled in 10 years.
With its rapid development and the potential it has, the Turkish Machinery Sector is a sector increasing its share in the Turkish economy and exports. The share of Turkish machinery export is 9,5% in Turkey’s total export.
Machinery is the second largest sector in Turkey’s export.
Turkey exports to more than 200 countries (including free zones).
In 2015, Turkey ranks 27th in world’s machinery export, 24th in world’s machinery import.
Although world’s machinery export decreased 22% in 2009, 11% in 2015, 6% in 2016, Turkey’s machinery export increased 31% in the last 5 years.
Over the last 15 years, machinery export has increased more than 7 fold.
About % 60 of our export is to EU and USA.
By the year 2023, Turkish machinery aims to double their share in Turkey’s total export.