Main Import Items to Türkiye: Phones for cellular/other wireless networks, automatic data processing machines and units, tools for receiving, translating and exporting audio-video and other information, compressor, converter
As of 2021, China has managed to become the top destination for Turkish imports (US$2.412 billion), followed by Russia (US$2.173 billion), Germany (US$2.129 billion), the US (US$1.99 billion), and Italy (US$93 million).
In 2020, Chinese exports to Türkiye amounted to US$22.1 billion, divided into three main categories of products: broadcasting equipment (US$1.98 billion), computers (US$1.24 billion), and non-retail synthetic filament yarn (US$459 million).
On the other hand, Turkish exports to China were worth US$2.93 billion, with marble, travertine, and alabaster being the top traded products (US$540 million), followed by precious metal ore (US$175 million) and refined copper (US$162 million).
We have to half the import from China.If you go to supermarket,lots of plastic items are from China.
By now,Chinese GDP PER capita and Income is higher than us,why we have to import every things from China?
A) China likely has inflated its official GDP lot more than Turkey (and world generally) does. You will see what this means this decade and next.
B) China is an immense country, so an average "per capita" means populations several times the size of Turkey that are below Turkish income level....sometimes well below. This means labour cost advantage in lot of industries especially with the forex stockpile subsidy China largely deliberately accumulated on top for this reason.
C) Its not really about how much you import from China as long as Turkiye exports sufficiently to whole world to cover (especially its inelastic) imports in total. Then develop larger surpluses from that with time (letting your businesses keep growing, competing, learning and adapting as they can to world environments broadly).
If Turkiye invested fairly as it should have in last 10 years into factories + core input industry relative to where its labour force was (back then) and is (today) instead of using real estate as default big sponge for this (which does not provide a hard production return past what it can do w.r.t tourism to some degree)...it would have higher degree of comparative advantage to harness with its main markets and new markets.
The problem with tourism as large revenue to go all in is its seasonality and vulernability (as found out in Covid era especially). Thats why supply chain factories have to be the base of pyramid, not real estate (this is an extra you do as is reasonable).
But it didn't do this prioritisation and carries deadweight, crediblity and confidence problem now (maybe slowly being worked out).
A boxer in middleweight category that can punch pretty well but didnt train footwork dynamically....he still has to buy and intake (inelastic) calories, and scrapes by lower winnings because of it. He can only tighten belt so much...the answer lay in training regimen he did so far that was not comprehensive, so many things are squandered now with what he stuck with as result.