TR Economy & Updates

[B_A]

Türkiye's foreign trade gap narrows to nearly $106B in 2023

Türkiye's foreign trade deficit narrowed by 3.2% year-over-year in 2023, official data showed on Wednesday, while the December gap decreased by 37.8%...

www.dailysabah.com

 

[Scott Summers]

2024 or 2025 are very booming for Turkey.

 

[B_A]

Whats our tourism revenue, gold import and FDI in 2023?

Türkiye's foreign trade gap narrows to nearly $106B in 2023

Türkiye greeted some 56.7 million visitors last year, with an annual surge of 10.33%, a senior official said Wednesday highlighting that the country's tourism revenue posted a substantial uptick reaching a record $54.3 billion (TL 1.64 trillion).


FDI Still unknown

 

[Ecderha]

Tourism Income by years
This table were taken from website- Haberturk I had to translate it.

TÜİK turizm istatistikleri| 2023'te turizm gelirleri rekor düzeye ulaştı! Yıllara göre turizm gelirleri - Turizm Haberleri

2023 yılında Türkiye'nin turizm gelirleri 2022'ye göre yüzde 17 artarak 54.3 milyar dolarla rekor kırdı

www.haberturk.com

Data were provided by Türkiye İstatistik Kurumu (TÜİK) = Turkish Statistical Institute

 

[Scott Summers]

A free trade agreement with Turkey will soon enter into force​

A free trade agreement with Turkey will soon enter into force | Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News

The free trade agreement with Turkey, signed a year ago, may enter into force in the near future.

en.usm.media

FTA agreement between Turkey and Ukraine will start next month.

Does that mean limitless import of Ukrainian flour, wheet, grain and sunfloweroil ?

 

[what]

A free trade agreement with Turkey will soon enter into force​

A free trade agreement with Turkey will soon enter into force | Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News

The free trade agreement with Turkey, signed a year ago, may enter into force in the near future.

en.usm.media

FTA agreement between Turkey and Ukraine will start next month.

Does that mean limitless import of Ukrainian flour, wheet, grain and sunfloweroil ?

Depends on the FTA, not all industries and kinds of products are usually covered by FTA.

 

[Scott Summers]

Depends on the FTA, not all industries and kinds of products are usually covered by FTA.

Hmm. I hope so because sunflower oil prices raised outrageous because of some Turkish players at the market with monopoly.

We need more foreign products to compete with the Turkish products because the local producers and sellers are creating cartels and fixed prizes.

 

[Bozan]

Armed man in Turkey holds hostages at Procter & Gamble plant

An assailant who took seven people hostage in protest of the civilian casualties in Gaza was caught by Turkish police after nine-hour-long standoff.

www.al-monitor.com

A man has stormed a plant created by foreign investment and held people hostage.

TR is currently listed as elevated risk for Americans and American businesses

 

[Scott Summers]

That attack on the church and this attack at the multinational must have a link.

Turkey booked a historical record of tourist revenues last year.

And Turkey's stance next to South Africa at the ICJ.

All dots are connected.

 

[Huelague]

A free trade agreement with Turkey will soon enter into force​

A free trade agreement with Turkey will soon enter into force | Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News

The free trade agreement with Turkey, signed a year ago, may enter into force in the near future.

en.usm.media

FTA agreement between Turkey and Ukraine will start next month.

Does that mean limitless import of Ukrainian flour, wheet, grain and sunfloweroil ?

We need this with EU and US and stopp this with China.

 

[Scott Summers]

We need this with EU and US and stopp this with China.

I agree. There is not one country that has a positive trade balance with China.

 

[uçuyorum]

I agree. There is not one country that has a positive trade balance with China.

Japan and Korea? They know better.
Actually Korea seems to have given deficit this year after 31 years. Japan also has deficit but small

 

[Scott Summers]

Japan and Korea? They know better.
Actually Korea seems to have given deficit this year after 31 years. Japan also has deficit but small

It's almost impossible. China loves exporting but less importing.

They want to sell everything to you but when it is your turn than they come with limitations, regulations, taxes or they just full force subsidizes your local rival in China like they do with Tesla, Mercedes etcetera hence why Elon Musk complained.

If China conquers Taiwan and their chip-machinery then the whole world can stop producing cars or computers.

 

[uçuyorum]

It's almost impossible. China loves exporting but less importing.

They want to sell everything to you but when it is your turn than they come with limitations, regulations, taxes or they just full force subsidizes your local rival in China like they do with Tesla, Mercedes etcetera hence why Elon Musk complained.

If China conquers Taiwan and their chip-machinery then the whole world can stop producing cars or computers.

South Korea is investing $ 470 billion on chip manufacturing for a reason.

 

[Bozan]

https://twitter.com/i/web/status/1753342394677043361

Ali Yerlikaya explained the balance sheet of the February 6 Earthquakes:

-53,537 people killed

-107,213 people injured

-38,901 buildings destroyed

So there's 1.37 deaths per building as a result of the earthquake - Isn't that rather low? Or do we have lots of empty buildings ? Or lots of people living alone ?

 

[B_A]

I agree. There is not one country that has a positive trade balance with China.

Taiwan and Russia and Australia....

 

[uçuyorum]

https://twitter.com/i/web/status/1753342394677043361

So there's 1.37 deaths per building as a result of the earthquake - Isn't that rather low? Or do we have lots of empty buildings ? Or lots of people living alone ?

Maybe it includes buildings that didn't collapse but just become unuseable? Either way doubt its the exact number.

 

[YeşilVatan]

https://twitter.com/i/web/status/1753342394677043361

So there's 1.37 deaths per building as a result of the earthquake - Isn't that rather low? Or do we have lots of empty buildings ? Or lots of people living alone ?

Earthquake happened twice within 6 hours, I think it's about that. Plus you have buildings that didn't collapse instantly, and one story homes which would probably cause injuries rather than deaths.

 

[BalkanTurk90]

https://twitter.com/i/web/status/1753342394677043361

So there's 1.37 deaths per building as a result of the earthquake - Isn't that rather low? Or do we have lots of empty buildings ? Or lots of people living alone ?

Add aslo 100 000 + that were injured .
Mostly survived with injuries

 

[B_A]

Maybe it includes buildings that didn't collapse but just become unuseable? Either way doubt its the exact number.

Many residents had chance to run away.

Even collapsed many times not totally collapsed.

Like the bomb of Juice didn't kill everyone in the collapsed houses in Gaza