A Pro Guide to Expand Your Business with Turkish Exports to the USA

• Overview of the Turkey-USA Trade Landscape
  • What Does Turkey Export to The United States?
• Identifying and Sourcing Turkish Products for Export to the USA
  • 1. Research the market
  • 2. Identify Potential Suppliers
  • 3. Visit Trade Fairs
  • 4. Negotiate Terms
  • 5. Establish a Partnership with an International Trade Company
• Unlock the Potential of Turkish Exports with Tebadul
  • FAQ

Overview of the Turkey-USA Trade Landscape

The trade relationship between Turkey and the United States has historically been strong, with both countries benefiting from significant trade and investment flows. However, the relationship has faced some challenges in recent years, particularly in the wake of political tensions and trade disputes.

According to the Office of the United States Trade Representative, in 2020, the total trade in goods and services between Turkey and the United States was approximately $20.8 billion. The United States was Turkey's fourth-largest export market and sixth-largest import supplier.

The top exports from Turkey to the United States include:

• Precious and semi-precious stones and metals
• Textiles and apparel
• Iron and steel products
• Machinery and mechanical appliances
• Vehicles and automotive parts

The top imports from the United States to Turkey include:

• Aircraft and spacecraft
• Machinery and mechanical appliances
• Mineral fuels and oils
• Pharmaceuticals
• Plastics and plastic products

What Does Turkey Export to The United States?

Turkey exports a wide range of goods to the United States, including:

• Precious and Semi-Precious Stones and Metals: Turkey is a major exporter of precious and semi-precious stones and metals, including gold, diamonds, and jewellery.
• Textiles and Apparel: Turkey is also a significant exporter of textiles and apparel to the United States, including clothing, fabrics, and carpets.
• Iron and Steel Products: Turkey is a leading producer of iron and steel products, and exports a significant amount of these products to the United States.
• Machinery and Mechanical Appliances: Turkey exports a range of machinery and mechanical appliances to the United States, including engines, pumps, and turbines.
• Vehicles and Automotive Parts: Turkey is also a major producer of vehicles and automotive parts, and exports these products to the United States.
• Agricultural Products: Turkey exports a range of agricultural products to the United States, including nuts, dried fruits, and tobacco.
• Chemical Products: Turkey also exports a variety of chemical products to the United States, including plastics, rubber, and pharmaceuticals.

Turkey's exports to the United States are diverse and cover a wide range of products and industries.

Identifying and Sourcing Turkish Products for Export to the USA

1. Research the market

To conduct market research and identify products in demand in the US market and determine the feasibility of importing these products from Turkey, the following steps can be taken:

• Identify Potential Products: Start by identifying potential products that are in demand in the US market. This can be done by researching industry trends, consumer preferences, and market reports.
• Analyze Competition: Research the competition in the US market and identify the key players in the industry. This will help to identify the market size, potential demand, and pricing strategies.
• Determine Regulatory Requirements: Identify the regulatory requirements for importing products from Turkey to the US, including import duties, taxes, and regulations. This will help to determine the feasibility of importing these products.
• Conduct Market Research: Conduct market research to identify the demand for the products in the US market. This can be done by using surveys, focus groups, and other research methods to gather data on consumer preferences and market trends.
• Identify Potential Suppliers: Identify potential suppliers in Turkey who can provide the products. Evaluate the suppliers based on their quality standards, production capacity, and pricing.
• Evaluate the Feasibility of Importing: Once all the above steps are completed, evaluate the feasibility of importing the products from Turkey to the US. This will include analyzing the costs of importing, shipping, and distribution, as well as identifying potential risks and challenges.

By following these steps, it is possible to conduct market research, identify products in demand in the US market, and determine the feasibility of importing these products from Turkey. This will help to make informed decisions about importing products and building a successful business in the US market.

2. Identify Potential Suppliers

To identify potential Turkish suppliers, you can utilize the following resources:

• Trade Directories: Several trade directories can be used to find potential Turkish suppliers, such as Alibaba, Tradekey, and Exporters. These directories provide information on manufacturers and suppliers, along with their contact details, product range, and certifications.
• Industry Associations: Industry associations such as the Istanbul Chamber of Commerce, the Turkish Exporters Assembly, and the Aegean Exporters Association can provide a list of suppliers and manufacturers in their respective industries. These associations can also provide information on industry trends, regulations, and trade events.
• Business Networks: Business networks such as LinkedIn and Xing can be used to connect with potential Turkish suppliers. These platforms provide a way to search for suppliers and manufacturers, connect with them directly, and exchange information about products, pricing, and quality standards.

3. Visit Trade Fairs

Attending trade fairs in Turkey can also provide an opportunity to meet with potential suppliers face-to-face, view their products, and discuss business opportunities. Some of the prominent trade fairs in Turkey include the Istanbul Jewelry Show, Texworld Istanbul, and the Turkey Build.

4. Negotiate Terms

When negotiating terms with a Turkish supplier, it is important to consider the following factors:

• Pricing: Determine the pricing of the products and negotiate the price based on the quantity of the order, the quality of the products, and the delivery terms. Compare the prices offered by different suppliers and evaluate the cost-effectiveness of each option.
• Delivery Time: Agree on a delivery time that is feasible for both parties. Ensure that the supplier can deliver the products on time and that the delivery time is consistent with your business requirements.
• Payment Terms: Discuss the payment terms with the supplier, including the payment method, payment schedule, and currency. Ensure that the payment terms are in line with your business requirements and that they provide sufficient protection for both parties.
• Product Specifications: Agree on the product specifications, including the quality standards, packaging requirements, and other technical details. Ensure that the supplier understands your requirements and that the products meet the necessary quality standards.

When negotiating terms, it is important to maintain open communication with the supplier and ensure that both parties understand and agree to the terms. It is also important to have a written agreement that outlines the terms of the transaction to avoid any misunderstandings or disputes in the future. By negotiating favourable terms with the supplier, you can build a strong relationship with them and ensure a successful business partnership.

5. Establish a Partnership with an International Trade Company

Working with an international trade company such as Tebadul can provide several benefits when importing products from Turkey, including:

• Quality Assurance: Tebadul can help ensure the quality of the products you import by conducting quality checks, testing, and inspection before shipment. This can help minimize the risk of receiving defective or substandard products.
• The Efficiency of Trade: Tebadul can assist with the logistics of importing products from Turkey, including customs clearance, transportation, and documentation. This can help streamline the import process and reduce the time and cost associated with importing products.
• Legal Support: Tebadul can provide legal support and guidance to ensure that the import process complies with local and international regulations. This can help minimize the risk of legal issues and penalties associated with non-compliance.
• Paperwork: Tebadul can assist with the paperwork involved in importing products, including obtaining necessary permits, licenses, and certificates. This can help reduce the administrative burden associated with importing products.

By partnering with an international trade company such as Tebadul, you can benefit from their expertise and experience in importing products from Turkey. This can help ensure that the import process is efficient, cost-effective, and legally compliant while assuring the quality of the imported products.

Unlock the Potential of Turkish Exports with Tebadul

With Tebadul's expertise in international trade, you can have access to the best products and suppliers in the country. Our team of experts will guide you through every step, from identifying the right products to negotiating with suppliers and ensuring timely delivery. Contact us today to learn more about how Tebadul can help you achieve your goals.

FAQ