Opportunities to export plastics materials to Turkey


In recOpportunities to export plastics materials to Turkeyent years, Vietnam’s export turnover of plastic materials to Turkey has experienced high growth.

The country earned US$7.1 million from exporting plastics in 2011 and US$20.7 million in 2013, 191.5% higher than 2011.

Yet, in the first four months of this year the nation earned just US$7.4 million, down 14%. The figure is expected to rise in the rest of 2014 due to market demands.

Every year, Turkey imports plastic materials worth over US$10 billion, offering a huge opportunity for exporters including Vietnam. However Vietnam’s Turkish plastics exports made up a small proportion (0.1%) of the country’s total imports, requiring Vietnamese businesses to make greater efforts in researching market, promoting trade and seeking partners.

The Ministry of Industry and Trade (MoIT) Import-Export Department said that Turkey has a population exceeding 75.6 million with a developed industry and high consumption demand for plastics Turkey now imports plastics from 100 nations in the world with 63% from Saudi Arabia, Germany, Belgium, the Netherlands, the Republic of Korea (RoK), Spain, Italy, France, the US and Vietnam.



Please enter your comment!
Please enter your name here