Multi Product Trade Delegation to Turkey With support from
Consulate General of India office, Istanbul, Turkey
21 – 23 April 2025
Turkey has emerged as an important engineering destination for Indian engineering exporters. In the last five fiscal years, India’s engineering exports to Turkey increased by 24%. The outbound engineering shipment to Türkiye rose by 11.5% during April 2024–February 2025 on an Y-o-Y basis. India also has a positive trade balance with Turkey in terms of engineering trade.
India-Turkey engineering trade (US$Bn.)| Year | 2019 - 20 | 2020 - 21 | 2021 - 22 | 2022 - 23 | 2023 - 24 | CAGR |
|---|---|---|---|---|---|---|
| India's engineering export to Turkey | 1.2 | 1.3 | 3.5 | 2.9 | 2.8 | 24% |
| %Growth | 7% | 180% | -19% | -3% | ||
| India's engineering import from Turkey | 0.5 | 0.5 | 0.6 | 0.8 | 0.6 | 6% |
| %Growth | -4% | 28% | 36% | -25% | ||
| Total engineering trade with Turkey | 1.6 | 1.7 | 4.1 | 3.6 | 3.3 | 20% |
| %Growth | 4% | 140% | -11% | -8% | ||
| Trade Balance | 0.7 | 0.8 | 2.9 | 2.1 | 2.2 |
Trend in engineering exports in Current Fiscal (US$ Bn.)
| Apr-Dec 2023 | Apr-Dec 2024 | %Growth | |
|---|---|---|---|
| India’s Engineering exports to Turkey | 2.08 | 2.34 | 12.3% |
| India’s total Engineering exports | 79.32 | 87.21 | 9.9% |
| Share% | 2.6% | 2.7% |
We have also looked into India’s position in Turkey’s engineering market based on the last three year’s data available in ITC Trade Map. It is clear from the table that India’s share in the last three years have remained same and there is scope for improvement.
Turkey Engineering import (Major Global Suppliers) (US$ Billion)| List of Major Suppliers | 2021 | Share% | 2022 | Share% | 2023 | Share% |
|---|---|---|---|---|---|---|
| World | 122.5 | 134.9 | 158.4 | |||
| China | 21.8 | 18% | 26.4 | 20% | 32.6 | 21% |
| Germany | 14.4 | 12% | 16.4 | 12% | 21.1 | 13% |
| Italy | 6.4 | 5% | 7.1 | 5% | 8.3 | 5% |
| USA | 6.7 | 5% | 6.7 | 5% | 8.2 | 5% |
| France | 5.1 | 4% | 6.1 | 5% | 7.9 | 5% |
| Russian Federation | 8.0 | 7% | 7.8 | 6% | 7.5 | 5% |
| Spain | 3.9 | 3% | 4.2 | 3% | 6.8 | 4% |
| Korea Rep | 3.8 | 3% | 4.4 | 3% | 5.3 | 3% |
| UK | 4.1 | 3% | 4.2 | 3% | 4.8 | 3% |
| India (11th) | 3.8 | 3% | 3.9 | 3% | 4.7 | 3% |
Participation Fee :
Rs 40,000 (+18% GST) per participant (per company).
The participants has to pay for hotel stay & air fare at his own
Register NowWhile further analysing the trade data EEPC India find that following key product sectors have significant potential in Turkey’s market, and they are –
Aluminium and Products
Medical & Surgical Equipment, Pharmaceutical Machinery
Electrical Machinery and Equipment
In case of any query you may contact
Mr Nishikant Jumde, Director (Exhibitions)
Email : njumde@eepcindia.net
Mobile : 91 - 9811583353
Mr. Rajat Sharma, Deputy Director
Email : rsharma@eepcindia.net
Mobile : 9910445432