Evaluating the market in Turkey

We can help you get a better understanding of market activity, relationships and support to grow your business.

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Turkey

Turkey is strategically located between Europe and Asia, and features an open, liberal trade and investment climate. As a key supply partner to the European Union, Turkey has attracted significant foreign direct investment from Western Europe. It’s also the largest and most important market for Export Development Canada (EDC) in the Eastern Mediterranean region. The country’s economy is increasingly driven by its industry and service sectors, although its traditional agriculture and textile sectors remain important employment drivers. The business environment has improved, but downside risks persist, including policy unpredictability and banking sector pressure. Public debt could rise over the coming years as the government supports the economy through the COVID-19 pandemic and is forced to take on private sector and state-owned enterprise debt.
EDC serves our customers in Turkey through local representation in Istanbul.

Interested in growing your business in this market?

If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

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