geo economic of turkey
TRANSCRIPT
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Outline • Introduction• Geography – Location– Geographical Importance– Neighborhood countries– Seas
• Economy– Key industries – Imports & Exports– Mineral resources
• Geopolitics– Turkey & Europe– Geopolitics of Turkey
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Republic of Turkey• Parliamentary republic• Capital city is Ankara• Istanbul is the largest city• Official language is Turkish• Population is 78.7 million as per 2015• Currency name is Lira• GDP as per 2016 estimation is $751 billion
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Geography
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Location• Largely located in Western Asia • 97 percent is Asian Turkey• 3 percent is Europe Turkey• Territory is 1,600 KM long and 800 KM wide.• Turkey has rectangular shape • 37th largest country in terms of area
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Geographical Importance• Turkey is in the middle of the four regions which
are: Balkans, Caucasus, middle East and Gulf• Has three seas around : Black Sea,
Mediterranean Sea and Aegean Sea• Located at meeting point of 3 continentes Asia,
Europe and Africa• Bridge between Western and Islamic world. • Focal point of energy distributing from Middle
East to Europe
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Neighborhood Countries• Turkey is bordered by eight countries• Syria and Iraq to the south• Iran, Armenia, and the Azerbaijani to the east• Georgia to the northeast• Bulgaria to the northwest• Greece to the west
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Sea• encircled by seas on three sides• The Black Sea is to the north• The Mediterranean Sea to the south• The Aegean Sea to the west• Turkish Straits ( Bosphorus, Sea of Marmara,
Dardanelles) separate Europe and Asia
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Economy
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Economy• Turkey has the world's 17th largest GDP• founding members of the OECD• G-20 major economies• $176.6 billion is its export value • Turkey’s import value is $240.4 billion • Inflation rate is 6.81%• leading producer of agricultural products,
motor vehicles, and home appliances.
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Key Sectors• Banking• Construction• Home appliances• Electronics• Textiles • Oil refining• Food • Mining• Iron and steel• Machine industry
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Exporting Partners• Germany 8.6%• Iraq 7.1%• Iran 6.5%• UK 5.7%• UAE 5.4%
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Importing Partners
• Russia 11.3%• Germany 9%• China 9%• US 6%• Italy 5.6%
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Agricultural Sector• Largest producer of Hazelnut and cherries &
apricots• Second largest producer of watermelons and
cucumbers• Third largest producer of tomatoes, eggplants
and green peppers• Fourth largest producer of onions and olives• Other productions are lemons, grapefruit,
apples, almonds, wheat, tobacco and tea.
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Industrial sector• Consumer electronics and home appliances
like Vestel and Beko• Textiles and clothing• Motor vehicles and automotive products• Shipbuilding• Other industries exist e.g. defense industry,
Service sector, tourism sector and Financial sector
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Mineral Resources • Petroleum and natural gas• Nuclear energy• Geothermal energy• Minerals like boron salts, coal, iron
ore, copper, chromium, uranium, antimony, mercury, gold, limestone, marble, sulfur, clay, hydropower, and geothermal power.
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Geopolitics
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Turkey & EU
• Relations with Europe have always been a central part of Turkish foreign policy.
• Became one of the first members of the Council of Europe in 1949
• Got membership of Western European Union in 1992
• joined the EU Customs Union in 1995
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Geopolitics of Turkey• Turkey is the leader between West and Islamic
state for foreign policies • Turkey uses this point as main factor to get EU
full membership• Turkey is strategic partner of US in Military and
economic actions• Turkey being the crossroads between West,
Asia and middle east has power in the region.
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Thank You