March 2006
Turkey
                         
BASIC INDICATORS
Population (thousands, 2004)  71 727 Rank in world trade, 2004 Exports Imports
GDP (million current US$, 2004)  301 950 Merchandise  34 22
GDP (million current PPP US$, 2004)  552 990 Commercial services 26 37
Current account balance (million US$, 2004) - 15 543 Merchandise excluding intra-EU trade 22 14
Trade per capita (US$, 2002-2004)  2 106 Commercial serv. excl. intra-EU trade 14 23
Trade to GDP ratio (2002-2004)   61.5
Annual percentage change
2004   1995-2004 2003 2004
Real GDP (1995=100)   140 4 6 9
Exports of goods and services (volume, 1995=100)   268 12 16 8
Imports of goods and services (volume, 1995=100)   260 11 27 29
                         
TRADE POLICY
WTO accession date 26 March 1995 Contribution to WTO budget (%, 2006) 0.709
Trade Policy Review date 17, 19 December 2003 Import duties collected:
in total tax revenue ...
Tariff binding coverage (%, 2004)   47.3 to total merchandise imports ...
MFN tariffs Final bound Applied 2003
Simple average of ad-valorem duties Number of:
All goods   29.4   10.1 GATS services sectors with commitments   77
Agricultural goods (AOA)   60.1   42.3 Dispute rulings (complainant - defendant) 1 - 1
Non-agricultural goods   17.5   5.3 Notifications outstanding  (CRN)   27
Non ad-valorem duties (% of total tariff lines)   0.0   1.7 Number of contingency measures in force:
Anti-dumping (30 June 2005) 68
MFN duty free imports Countervailing duties (30 June 2005) ...
Share in total imports, 2002   32.6 Safeguards (3 November 2005)   2
                         
MERCHANDISE TRADE  Value Annual percentage change
2004   1995-2004 2003 2004
Merchandise exports, f.o.b. (million US$)  63 167 13 31 34
Merchandise imports, c.i.f. (million US$)  97 540 12 34 41
2004   2004
Share in world total exports    0.69 Share in world total imports  1.02
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   10.3 Agricultural products 6.2
Fuels and mining products   4.6 Fuels and mining products 20.7
Manufactures   84.7 Manufactures 69.1
  By main destination   By main origin
1. European Union (25)   55.3 1. European Union (25)   46.6
2. United States   7.7 2. Russian Federation   9.3
3. Russian Federation   2.9 3. United States   4.9
4. Iraq   2.9 4. China   4.6
5. Israel   2.1 5. Switzerland   3.5
    Unspecified destinations     4.1         Unspecified origins     0.9
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2004   1995-2004   2003 2004
Commercial services exports (million US$)  23 806   6 29 25
Commercial services imports (million US$)  10 299   9 24 33
2004   2004
Share in world total exports   1.09   Share in world total imports 0.48
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   13.7   Transportation 42.1
Travel   66.7   Travel 24.5
Other commercial services   19.5   Other commercial services 33.4
                         
INDUSTRIAL PROPERTY 
  Total   Residents Non-residents   Total   Residents Non-residents
Patents granted, 2002  1 885   44  1 841   Marks registered, 2002  20 415 13 200 7 215