GROWING BILATERAL TRADE BETWEEN TURKEY AND FRANCE – SECRET STATISTICS REVEALED

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 DEMOGRAPHIC LOCATION AND MUTUAL RELATIONSHIP BETWEEN THE NATIONS

Two countries, namely France and Turkey are located on two different continents which are Europe and Asia. The relationship between both countries is very good since pre-historic times. Based on land area, both countries are close to each other with Turkey having a land area of roughly 783,562 km2. On the other hand, the land area of France is close to 643,805 km2. It is a bit obvious that as Turkey is a larger country as compared to France, the population will also be more in Turkey and similar is the scenario here as well at the present.



STRONG BOND BETWEEN FRANCE TRADE DATA & TURKEY TRADE DATA

As the two countries are into regular trade practices and overseas buying and selling, the bond between the nations is growing and becoming stronger with each passing year. As per the Turkey Trade Data for past years, France was amongst the third biggest trading partner and accomplices of Turkey. On the other hand, France Trade Data and Export Import Data mentioned that Turkey was its seventh biggest customer which accounted for close to 4.2% of the market share.

The bilateral trade between France and Turkey remained stable for many years which hovered at around USD 15 billion. The trade remained unaffected due to the strong bonds, beliefs, and transportation facilities between both nations.

Let’s shift our focus towards some essential facts and figures that will help you to know the contribution of each country to other countries’ Export Import Data and other statistics. According to Turkey trade Data and France Import Data for the year 2020, Turkey exported goods worth USD 7.34 billion to France. This bilateral trade was ranked 6th amongst all other cross-country trades. On the other hand, France exported goods worth USD 7.19 billion to Turkey as is mentioned in the Export Import Data of France for the same year, and this bilateral trade was ranked 12th.

 

Some of the Exports made by Turkey to France as listed in Turkey Export Data and France Import Data for the year 2020 are as follows:

·        Four-wheelers, especially cars (USD 1.70 billion)

·        Commercial trucks (USD 405 million)

·        Motor spare parts (USD 345 million)

·        Plastics (USD 293.54 million)

As per research and analysis of Import export Data of both countries, we conclude that exports from Turkey to France have grown by 7.5% which started from USD 1.10 billion and currently stand close to USD 7.35 billion.

Some of the Exports made by France to Turkey as listed in France Export Import Data and Turkey Import Data for the year 2020 are as follows:

·        Four-wheelers, especially cars (USD 617 million)

·        Motor spare parts (USD 560 million)

·        Aircraft (USD 420 million)

·        Iron and Steel (USD 905.5 million)

·        Pharmaceutical Products (USD 309 million)

According to an international study and Export Import Data of both countries, we get to know that the exports from France to Turkey have grown leaps and bounds by around 5.5% which started from USD 1.90 billion way back in the year 1995 and currently stands close to USD 7.20 billion.

The major product that is imported and exported by both countries as listed in France Import Data and Turkey Export Data are four-wheelers, especially cars.

OUR VERDICT

From the beginning, Turkey and France had shared a strong bond. We can say this with confidence as the trade between the nations has increased at a very rapid pace. Although there is no free trade agreement between the two countries still, the nations had undergone so many transactions and are one of the best examples of bilateral trading countries in the world. It is expected that this trade would grow in the coming years and the quantity of each product being traded will increase, giving a strong push to the Export Import data of France and Turkey in addition to Turkey Trade Data and France Import Data considerably.

SECRET TO SUCCESS

If you want further analysis and the best advice about the Turkey Trade Data or France Import Data or Export Import Data of any country, then get in touch with TradeImeX® Info Solution Pvt Ltd. We are one of the best companies available online that provide 100% accurate and reliable trade data from more than 70 countries including Turkey Export Data and France Import Data at affordable prices. We deal in providing customized databases to our clients which are highly curated as per each client’s needs and want.

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