Turkey is a transcontinental country located in Southeastern Europe and Southwestern Asia bordering the Black Sea. Neighboring countries include Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Iran, Iraq, and Syria.
Strategically positioned at the crossroads of Europe, Asia and the Middle East, Turkey is a high priority market for the United States. With a population of more than 70 million, Turkey continues to be a vital economic hub for the region—with real GDP growth estimated at 8.2 percent in 2011, making it one of the fastest growing economies in the G-20.
Turkey’s rapidly expanding economy, political and economic stability, and the possibility of EU membership continues to attract the attention of a variety of American companies. In 2011, U.S. exports to Turkey reached a record $14.7 billion, and while 2012 brought a slight decline in exports ($12.6 billion), total U.S. – Turkey trade remained at a near record of more than $19 billion. Turkey’s financial sector is stronger than that of many other countries, due in part to a series of reforms in the wake of the 2001 financial crisis which left Turkish banks better leveraged than many of their U.S. and European counterparts.
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MBDA Global Business Center
MBDA has global business development experts throughout our national network of business centers, anchored by an MBDA Global Business Center located in San Antonio, Texas. The MBDA Global Business Center conducts international capabilities assessments, identifies international opportunities, assists with global matchmaking in certain markets, and helps conduct market identification and research.
If you want to learn about global business, and believe your product or service can be sold abroad, your first stop should be an MBDA Business Center. Contact Javier Smith, Project Manager of the MBDA Global Business Center at email@example.com or 210-458-2021.