• GDP: US$482 billion (2007).
• Main exports: Clothing and textiles, bogus goods, carriage accessories and food.
• Main imports: Machinery, accessories and parts, mineral fuels and oil, alley cars and adamant and animate products.
• Main barter partners: Germany, UK, Italy, Russia and China.
Economy
The agronomical sector, ahead of abundant bread-and-butter importance, now accounts for alone 8.9% of the GDP. It charcoal a above employer however, and Turkey is arrogant in basal food like maize, sugar, aureate and barley.
Manufacturing and casework are the a lot of important and fastest growing sectors, with cyberbanking and the architecture industry adequate above advance in contempo years. The casework area makes the greatest all-embracing addition to the country's economy, accounting for 59.3% of Turkey's GDP. The country's day-tripper industry is aswell of primary importance: in 2007, over 27 actor tourists visited Turkey, adopting US$18.5 billion in revenue.
Underlying structural problems accompanying with years of corruption and apple contest brought the Turkish abridgement to its knees in 2001. In the face of this crisis, the government alien an All-embracing Monetary Fund-backed acerbity affairs that succeeded in acid aggrandizement from 70% to its accepted akin of 6%. Unemployment was at 9.7% in 2007. The abridgement was accepted to abound by 5.4% and admitting a above accepted annual deficit, broker aplomb is high, with adopted absolute investment alluring about US$22 billion in 2007.
Business Etiquette
A academic clothing or anorak and tie should consistently be beat for business. English is broadly announced in business circles, although an accomplishment by the company to allege a little Turkish is appreciated. The majority of humans in business amount punctuality and business cards are broadly used.
Office hours: Mon-Fri 0830-1200 and 1330-1730.
Conferences & Conventions
Istanbul and Antalya are the a lot of accepted venues, followed by Ankara, Marmaris and Bodrum. There are abounding 4- and 5-star hotels, which accommodate accessories and can host conferences and affairs to all-embracing standards. The Crowne Plaza Istanbul (website: www.ichotelsgroup.com) has appointment accessories for up to 1,000 people, as does the Radisson SAS Appointment and Airport Hotel (website: www.istanbul.radissonsas.com), which is calmly abutting to Atatürk All-embracing Airport and the Apple Barter Centre.
