Bilateral trade volume between Qatar and Turkey witnessed an 85% growth from $1.3bn in 2017 to $2.4bn in 2018, according to figures released by Qatar Chamber Monday.
In the first three quarters of 2019, Qatar-Turkey trade exchange stood at $1.5bn, data said. Major Qatari imports from Turkey include articles of iron and steel, dairy and dairy products, electricity machines and equipment, tools and equipment, furniture, vehicles, cars, and rolling stocks, organic chemical products, plastic and its products, apparel of clothes and its accessories, and vegetables and fruits (fresh or chilled).
On the other hand, major Qatari exports to Turkey include petroleum oils and its products, plastics and its products, unwrought aluminium, polymer of vinyl chloride, polymers of ethylene in primary forms, reaction initiators acceleration, raw hides and skins of sheep lamb.
On Monday, Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari held a meeting with members of Turkey’s Electrical and Electronics Exporters’ Association (TET) led by its board member, Kerem Ozdogan.
The meeting reviewed ways to strengthen co-operation relations between the Qatari private sector and its Turkish counterpart, especially in the field of manufacturing, electronics, and electrical products. It also discussed the possibility of establishing partnerships between Qatari businessmen and members of the association.
Al-Kuwari said the there is a wide range of co-operation opportunities between both sides in the metal sector, especially “in light of the distinguished relations between both friendly countries.”
Ozdogan said the delegation is composed of leading companies specialising in the electric and electronics industries that aim to develop co-operation ties with Qatari businessmen, as well as to explore the Qatari market.
“Qatar enjoys a huge potential, and it is a leading and attractive investment destination,” Ozdogan said. He added that Turkey’s total exports stood at $150bn in 2018 and $160bn in 2019, where 10% of which came from TET member companies.
TET was established in 1991 and has more than 7,500 member companies that aim to improve the export volume of the electrical-electronics sector in Turkey, Ozdogan said.
On the other hand, major Qatari exports to Turkey include petroleum oils and its products, plastics and its products, unwrought aluminium, polymer of vinyl chloride, polymers of ethylene in primary forms, reaction initiators acceleration, raw hides and skins of sheep lamb.
On Monday, Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari held a meeting with members of Turkey’s Electrical and Electronics Exporters’ Association (TET) led by its board member, Kerem Ozdogan.
The meeting reviewed ways to strengthen co-operation relations between the Qatari private sector and its Turkish counterpart, especially in the field of manufacturing, electronics, and electrical products. It also discussed the possibility of establishing partnerships between Qatari businessmen and members of the association.
Al-Kuwari said the there is a wide range of co-operation opportunities between both sides in the metal sector, especially “in light of the distinguished relations between both friendly countries.”
Ozdogan said the delegation is composed of leading companies specialising in the electric and electronics industries that aim to develop co-operation ties with Qatari businessmen, as well as to explore the Qatari market.
“Qatar enjoys a huge potential, and it is a leading and attractive investment destination,” Ozdogan said. He added that Turkey’s total exports stood at $150bn in 2018 and $160bn in 2019, where 10% of which came from TET member companies.
TET was established in 1991 and has more than 7,500 member companies that aim to improve the export volume of the electrical-electronics sector in Turkey, Ozdogan said.