TURKEY

The economy of Turkey is an emerging market economy. In 2019 Turkey was the number 19 economy in the world in terms of GDP, the number 29 in total exports, the number 26 in total imports, the number 77 economy in terms of GDP per capita and the number 41 most complex economy according to the Economic Complexity Index (ECI). Turkey nominal GDP estimate in 2020 $717 billion and its show growth by 5% in 2021. Turkey AGRICULTURE SECTOR contribute only 6.8% in the total GDP. In 2019 Turkey imported $193B, making it the number 26 trade destination in the world in which India export 3 % of its all import. Now turkey is the 1st largest fresh fruit and vegetables importing from United states and Canada respectively. The top imports of Turkey are Gold ($11.5B), Refined Petroleum ($9.92B), Crude Petroleum ($6.55B), Vehicle Parts($5.72B), and Scrap Iron ($5.19B), importing mostly from Germany ($21.2B), China ($18.2B), Russia ($16.4B), United States($10.4B), and Italy ($9.4B). In 2019, Turkey was the world's biggest importer of Scrap Iron($5.19B), Non-Retail Synthetic Filament Yarn ($1.62B), Sunflower Seeds ($515M), Bran ($269M), Jute Yarn ($208M)