AN INSTITUTION DEDICATED TO TURKEY’S DEVELOPMENT … THE ISTANBUL CHAMBER OF COMMERCE THE ISTANBUL CHAMBER OF COMMERCE

TOP 20 COUNTRIES (Population-Mn) Country Country China1,3341,36711Mexico India1,2031,28612Philippines USA Vietnam8792 4Indonesia Germany Brazil Ethiopia8191 6Bangladesh Egypt Pakistan Iran Nigeria Turkey Russia Thailand Japan Congo

TOP 20 COUNTRIES (GDP-2008-IMF) Country Billion $ Country 1 USA (14,441) 14, Russia (1,676) 1,255 2Japan 5,049 5,049 12India1,242 3China 4, Australia (1,013) Germany (3,673) 3, S. Korea (929) France (2,866) 2, Mexico (1,088) U.K. (2,680) 2, Netherlands (876) Italy (2,313) 2, TURKEY (730) Brazil (1,572) 1,481 18Indonesia514 9 Spain (1,601) 1, Switzerland (500) Canada (1,500) 1, Belgium (506) 461

TOP 20 COUNTRIES (2008-GDP-PPP WORLD BANK) Country Billion $ Country 1USA 14, Mexico1, China 8,734 8, Spain1, Japan 4,186 4, S. Korea 1, India 3,529 3, Canada1, Germany 2,807 2, Indonesia U.K.2, TURKEY Russia (UK) 2, Iran France 2, Australia Brazil2,00219Taiwan Italy 1,751 1,75120Poland685

WORLD GDP SHARES - % PS: Other Countries=28,9%

TOP IMPORTERS (2008) 1Country Billion $ Country 1USA2,17012Spain401 2Germany 1,204 1,20413 H.Kong393 3China 1,133 1,13314 Mexico323 4Japan76315 Singapore320 5France70716 India293 6UK63217 Russia292 7Netherlands57418 Taiwan240 8Italy55619 Poland204 9 Belgium47020 TURKEY S.Korea Australia Canada41822 Austria183

TOP IMPORTERS (% SHARE -2008) PS: Other Countries=52,1%

TOP EXPORTERS (2008) Country Billion $ Country 1Germany 1,465 11Russia472 2China 1, UK458 3USA 1, Canada456 4Japan78214 S.Korea422 5 H.Kong74015 S.Arabia329 6 Singapore67616 Mexico292 7Netherlands63417 Spain268 8France60918 Taiwan256 9Italy54019 UAE232 10Belgium TURKEY132

EXPORT DEVELOPMENT (% Change)

IMPORT DEVELOPMENT (% Change)

USA (GNP)

USA (FOREIGN TRADE BN$)

JAPAN (GNP)

JAPAN (FOREIGN TRADE BN$)

CHINA (GNP)

CHINA (FOREIGN TRADE BN$)

GERMANY (GNP)

GERMANY (FOREIGN TRADE BN$)

UK (GNP) UK (GNP)

UK (FOREIGN TRADE BN$)

ITALY (GNP)

ITALY (FOREIGN TRADE BN$)

GREECE (GNP)

GREECE (FOREIGN TRADE BN$)

SPAIN (GNP)

SPAIN (FOREIGN TRADE BN$)

FRANCE (GNP)

FRANCE (FOREIGN TRADE BN$)

BRASIL (GNP)

BRASIL (FOREIGN TRADE BN$)

INDIA (GNP)

INDIA (FOREIGN TRADE BN$)

S. KOREA (GNP)

S.KOREA (FOREIGN TRADE BN$)

RUSSIA (GNP)

RUSSIA (FOREIGN TRADE BN$)

ICELAND (GNP)

IRELAND (GNP)

UKRAINE (GNP-DEBT US$)

ESTONIA (GNP-DEBT US$)

LATVIA (GNP-DEBT Bn - $)

LITHUENIA (GNP-DEBT Bn $)

CUSTOMS UNION WITH EU MEMBER OF WTO FOUNDING MEMBER OF BSEC FOUNDING MEMBER OF ECO FTA WITH EFTA & CEE COUNTRIES Relations with Economic Organizations

Candidacy to the European Union Established a customs union with the EU Declared as a candidate country for full membership by the EU Negotiations for EU Accession started.

KEY MACROECONOMIC INDICATORS

PER CAPITA GDP (USD)

AVERAGE INFLATION (%)

UNEMPLOYMENT RATE (%)

EU Defined Budget Deficit (% of GNP)

EU Defined Debt Stock (%) Public Sector Net Debt Stock (%)

FOREIGN TRADE

Exports Performance (Average Annual Growth )

FOREIGN TRADE (Bn $)

EXPORTS BY COUNTRY GROUPS %

IMPORTS BY COUNTRY GROUPS (%-10 Mths)

TOP 15 COUNTRIES IN EXPORTS (Million US$) COUNTRIES Percentage Change Share in Total (2007) Germany5,1875,36711,99312,9598.1%9,8% United Kingdom1,2612,1758,6278, %6.2% U.A.E ,2417, %6.0% Italy1,4462,3427,4807,8174.5%5.9% France1,0531,8955,9746, %5.0% Russian Federation1, ,7276, %4.9% USA1,6393,1264,1714,2902,9%3,3% Spain ,5804, %3,1% Romania ,6443,9829.3%3.0% Iraq--- 2,8453, %3,0% Netherlands ,0193,1434.1%2.4% Greece ,2632,4317.4%1.8% Bulgaria ,0622,1494.3%1.6% Belgium ,7362, %1.6% Israel ,6581, %1.5%

TOP 15 COUNTRIES IN IMPORTS (Million US$) COUNTRIES Percentage Change Share in Total (2007) Russian Federation1,9213,43623,50831, %15.5% Germany7,8145,33517,54018,6826,5%9,3% China ,23415,64318,2%7,8% USA3,5163,2618,16611,97146,6%5,9% Italy4,2863,4849,96711,00810,4%5,5% France2,7712,2837,8499,02214,9%4,5% Iran ,6158,20023,9%4,1% Ukraine ,5196,10735,1%3,0% Switzerland1,0151,2275,2695,5886,1%2,8% United Kingdom2,5101,9145,4775,324-2,8%2,6% Spain1,0341,0664,3434,5474,7%2,3% South Korea ,3694,090-6,4%2,0% Japan1,4221,3073,7034,0228,6%2,0% Romania ,1133,54713,9%1,8% Saudi Arabia1, ,4403,32236,2%1,6%

EXPORTS BY SELECTED CHAPTERS (Million US$) Code – Chapter %-Change ( ) Share in Total (2008) 87 - Vehicles Other Than Railway or Tramway 8122,33515,90318, %13.9% 84 - Machineries & Mechanical Appliances 8061,7458,78110, %7.8% 72 - Iron & Steel1,7502,0708,37214, %11.3% 61 - Apparel & Clothing, knitted3,5693,6418,0217, %5.9% 85 - Electrical Machinery & Equipment 1,3282,2607,4217,9767.5%6.0% 62 - Apparel & Clothing, not knitted2,1542,6395,4445, %4.0% 27 - Mineral Fuels & Oils ,1477, %5.7% 73 - Articles of Iron & Steel ,1335, %4.4% 39 - Plastics & Articles Thereof ,8213, %2.7% 08 – Fruits1,1381,2012,6702,8546.9%2.2% 71 - Pearl & Other Precious Stone ,6245, %4.1%

TOP 10 EXPORT PRODUCTS-%

IMPORTS BY SELECTED CHAPTERS (Million US$) Code - Chapters %-Change ( ) Share in Total (2008) 27 - Mineral Fuels, Mineral Oils & Products of their Distillation 5,9168,33933,87648, %23.9% 84 - Machineries & Mechanical Appliances 8,4636,30422,58122, %11.2% 72 - Iron & Steel2,7761,79716,17123, %11.5% 85 - Electrical Machinery & Equipment 2,9663,63613,28613,8924.6%6.9% 87 - Vehicles Other Than Railway or Tramway 2,6931,82712,39712,7893.2%6.3% 39 - Plastics & Articles Thereof1,6531,7338,6849,3858.1%4.6% 71 - Pearl & Other Precious Stone & Products 421,0745,9045, %2.8% 29 - Organic Chemicals1,5721,6253,9944, %2.2% 30 - Pharmaceutical Products4121,0883,5234, %2.2% 74 - Copper & Articles Thereof ,1463,2754.1%1.6% 90 – Optical Instruments ,0103, %1.7%

TOP IMPORT PRODUCTS %

FOREIGN DIRECT INVESTMENTS

FDI BY YEARS (BN $)

FDI BY COUNTRY GROUPS-% BY CAPITAL

 A sound and stable economy  Extensive potential markets  A sufficiently open market highly integrated to world trade  Integrated to the World’s largest trading Bloc, the EU, via Customs Union  FTAs (Middle East, Africa, Balkans etc.) and PTAs (Georgia)  Active regionalization policies (ECO, BSEC, OIC etc.) Turkey Offers...

 exceptional expertise and know-how in traditional sectors such as textile and clothing, agriculture and tourism.  a wealth of business opportunities in high- technology sectors such as automative, electronics, chemicals and, office and telecom equipment.

Turkey Offers...  A large and dynamic market  Competitive Costs  Labor Force with high quality and competitive costs  Advantageous corporate tax rates  Efficient transportation and communication network  Non-discrimination in investment, production and export regimes  Pro-Business Policies  Flexible administrative procedures  Business Support and Incentive Programs

Excellent opportunities for fostering cooperation in business and trade to promote prosperity throughout the region and the world. Turkey Offers...

TURKEY BY SECTORS.....PRODUCER OF; 4TH OF VEGETABLES 12TH OF IRON STEEL 11TH OF MEDICINES 8TH OF TOURISM IN THE WORLD 5TH VEHICLES, 2ND OF LIGHT COMMERCIAL VEHICLES, 1ST OF BUSSES 7TH OF TRUCKS 1ST OF GARMENTS 3RD OF CEMENT, 6TH OF PAINTS 6TH OF MACHINERY 2ND OF PLASTICS 1ST OF TV MANUFACTURING IN EUROPE