Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

SMEs account for most Turkish exports

by Daily Sabah

ISTANBUL Aug 20, 2015 - 12:00 am GMT+3
No Image
by Daily Sabah Aug 20, 2015 12:00 am
The proportion of exports stemming from small and medium-sized enterprises (SMEs) was 56.5 percent in 2014, according to data released yesterday by the Turkish Statistical Institute (TurkStat). SMEs also accounted for 37.8 percent of imports. According to TurkStat's External Trade Statistics by Enterprise Characteristics report, 62,987 enterprises were involved in exports and 66,585 in imports in 2014. In terms of exports, the proportion of micro-sized enterprises was 1.4 percent, while the proportion of small enterprises was 20.7 percent and medium-sized enterprises was 18.4 percent. Large-scale enterprises accounted for 43.5 percent of exports last year.

Regarding imports, the rate for micro enterprises was 6.2 percent, while small enterprises, medium-sized enterprises and large-scale enterprises were 13.2 percent, 18.4 percent and 62.2 percent, respectively.

The size of the enterprises is distinguished by their employee numbers: Companies with one to nine employees are labeled as micro, 10-49 are small, 50-249 are medium-sized and those that have more than 250 employees are large-scale enterprises.

In 2014, industry sector enterprises accounted for 56.9 percent of exports and 51.5 percent of imports, the report said, while trade sector enterprises accounted for 38.5 percent and 35.1 percent of exports and imports, respectively.

In addition, the report indicated that large-scale enterprises accounted for 65.2 percent of industry sector exports and 75.5 percent of the sector's imports, while SMEs had 89 percent of trade sector exports and 64 percent of imports.

In 2014, the European Union accounted for the bulk of industrial enterprises' exports with 48.3 percent, which was followed by Middle Eastern countries with 19.5 percent. Specifically, 63.2 percent of exports to the EU were in the industry sector and 35.3 percent of exports to the EU were in the trade sector.

Enterprises in the top 100 accounted for 42.1 percent of exports, while those in the top 50 accounted for 48.5 percent of imports in 2014. The top five enterprises accounted for 15.3 percent of exports and 24.5 percent of imports. Meanwhile, the report said for exports, the top five enterprises had a 15.9 percent share of the industry sector and an 11.9 percent share of the trade sector, while the top five enterprises had a 19.5 percent share of the industry sector and a 15.9 percent share of the trade sector for imports.

  • shortlink copied
  • Last Update: Aug 20, 2015 2:00 am
    RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    homepage
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Turkey's Cappadocia: The land of fine horses
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021