Asia’s Shifting Role in Global Supply Chains — Perspectives by ANDAMAN PARTNERS Co-Founder Rachel Wu
March 11, 2025
Analysis by ANDAMAN PARTNERS Co-Founder Rachel Wu on changing patterns in global supply chains.
Profile in Brief
Türkiye has a GDP of USD 1.1 trillion with real GDP growth of 5.1% in 2023.
Türkiye has a total land area of 783,356 square kilometres.
Government is a presidential representative democracy and a constitutional republic.
Economy at a Glance
GDP Overview (2023)
GDP is forecast to reach USD 2 trillion in 2029, with gradual growth in GDP per capita to USD 14,011.
Real GDP growth was 5.1% in 2023 and is forecast to remain above 2.5% for the rest of the decade.
Government debt peaked in 2021 during the pandemic and has declined since, reaching 36% of GDP in 2022.
Trade Profile (2023)
Total trade amounted to USD 618 billion in 2023. Metals, electronics & machinery was the largest sector, followed by minerals, fuels & chemicals.
Leading export partners (2023): Germany (USD 21.1 billion), U.S. (USD 14.9 billion), Iraq (USD 12.8 billion).
Leading import partners (2023): Russia (USD 45.6 billion), China (USD 45.0 billion), Germany (USD 28.7 billion).
To download the full Türkiye Country Profile, please see the option below.
ANDAMAN PARTNERS supports international business ventures and growth. We help launch global initiatives and accelerate successful expansion across borders. If your business, operations or project requires cross-border support, contact connect@andamanpartners.com.
News & Events
ANDAMAN PARTNERS Co-sponsored the West Australian Mining Club Luncheon in Perth on 27 February 2025
February 27, 2025
WA Mining Club luncheons are valuable ways to network with colleagues and clients and learn about the latest industry insights.
ANDAMAN PARTNERS at Mining Indaba 2025 (V) — Co-Founder Rachel Wu Interviewed by Mining Review Africa
February 18, 2025
Rachel Wu was interviewed by Mining Review Africa on ANDAMAN PARTNERS and the importance of Asia for the African mining sector.
Knowledge
Vietnam’s Remarkable Growth Story and Opportunity in 2 Charts: GDP Grew by 10% and Exports by 14% Annually Over the Past 20 Years
February 27, 2025
Vietnam’s sustained export growth, diversification and economic resilience make it a key player in global trade.
India Has Become a Priority Market for Global Sourcing: Strong Export Growth and Increasing Diversification of Sectors and Partners
February 27, 2025
India’s export ecosystem will continue to grow and diversify, positioning the country well for further export-driven economic expansion in the coming years.
Changing International Trade Patterns Are Yielding New Export Opportunities to Global Markets
February 27, 2025
The global trade environment is evolving at an unprecedented pace. Astute export managers must identify and manage a host of new opportunities.