The world's most important markets in the field of import and export
  • The world's most important markets in the field of import and export
  • 14 Apr 2022

The world's most important markets in the field of import and export

One of the basic components of the economy of any country in the field of import and export.

 

Through the exchange of goods and products between countries, the needs of each country are met and the surplus production is benefited from it.

 

As was mentioned before, a group of basic countries that are considered one of the most important global markets in the field of import and export, such as:

Egypt - European Union - UAE

Today we will shed some light on another set of markets for the import-export business.

 

Germany

Germany is the fourth in the world economically, and it is distinguished in the software and electronics market, becoming the most growing market in this field at the global level.

 

Also, it is famous for exporting technology in all its forms (robots - modern devices and machines - electronics and software ....)

On the other hand, Germany overtook the developing countries in the health field, to be the first in the pharmaceutical, chemical and cosmetic industries.

 

Who among us did not catch one of the designs of Mercedes cars scattered in all countries of the world?

The greatness of these cars is because of the German market, which has outdone itself in the automotive industry with its unique brands such as:

  • Mercedes Benz
  • Volkswagen
  • Porsche
  • Audi
  • BMW

 

Germany imports

Despite the great growth and strength of the German economy, the government imports some commodities to meet the population's needs and satisfy their requirements.

 

Among the main markets that Germany imports from are:

  • Asia
  • North America
  • Africa
  • South America

 

The industrial development in Germany was reflected in the increased demand for crude oil, and Russia was the ideal market for importing petroleum materials, followed by Norway and then the European Union.

 

To achieve food security for the German people, the government imports food products worth nearly 85 billion German marks, which is equivalent to a third of its food needs.

 

Turkey

The Turkish market is one of the most important global markets in the field of import and export, as it ranks 25th as the largest global export market.

Turkey exports

Among the products that the Turkish market is characterized by exporting to countries (Germany - Iraq - Iran - United Kingdom - France - Italy):

 

  • precious metals
  • Such as copper, mercury, iron and manganese.
  • Agriculture and food field
  •  Some grains and agricultural products such as: (cotton - grapes - figs - tomatoes - olives - wheat - apples - barley and some other vegetables and fruits.
  • Furniture Industry :

Turkey is famous for exporting furniture to Iraq, Germany, and Iran.

  • In industry:

Turkey's exports are famous for: (textiles and clothing - animal oils - vegetable oils - sugar - raw wood - plastics - household appliances - cement - car tires - and some spare parts for cars).

  • The citrus industry and some types of cooked meat are also flourishing in Turkey, which helps to stimulate the export market for these industries.