Exports to Turkey up by more than a quarter

27/05/2002 10:00

Dutch exports to Turkey have risen by 27 percent in the last five years. The increase was particularly strong in the period 1996-2000.

The value of imports from Turkey rose by 79 percent in the same period, to 1.1 billion euro in 2001. Turkey is one of the thirteen candidates for EU membership. The increase in value of total Dutch exports rose by 57 percent in this period; the value of imports by 55 percent.

Trade with Turkey

Exports: back at the level of late nineties

The Netherlands exported 1.4 billion euro worth of goods to Turkey in 2001, 28 percent less than in 2000.
The high export value in 2000 was caused by exports of cars, telecommunications equipment and computers. These products were not actually manufactured in the Netherlands, but distributed by Dutch companies.
Total Dutch exports rose by four percent in 2001, to 241 billion euro.

Imports: growth slowing down

Imports from Turkey rose strongly at the end of the nineties. In 1999 the import value was more than one billion euro, 65 percent more than in 1996.
In 2000 and 2001 imports grew by three and five percent respectively on the previous year. In 2001 the Netherlands imported 1.1 billion euro worth of goods from Turkey. Total Dutch imports rose by half of a percent in the same period, to 217 billion euro.

Trade balance: surplus shrinking

The Netherlands has a surplus on its balance of trade with Turkey, but it has shrunk from 0.5 to 0.3 billion euro.

The surplus on the overall Dutch balance of trade has risen by 77 percent in the last five years.

Wiel Packbier