1. Crédito y Caución Portugal
  2. Análise CyC
  3. Sector performance at Turkey
Análise CyC

Sector performance at Turkey

Take a look at the performance of different sectors at Turkey. General upswing, but textiles and plastics are still suffering
Analisis Credito y Caución
Madrid - 06-nov-2012

Automotive

Turkeys second largest export sector and an important customer of several other industries. Production in both the vehicle and spare parts segments has increased significantly since 2010, due mainly to foreign demand.

Steel/metals

Increased demand from the automotive, machinery and construction industries, together with the overall economic growth, has helped the sector.

Textiles

Still particularly vulnerable, due to a combination of excess capacity, lack of branded production, low capitalisation, decreasing domestic and export demand, competition from the Far East, and a non-performing bank loans ratio of around 10%.

Chemicals and harmaceuticals

While pharmaceuticals production and distribution remain stable and strong subsectors, the plastics subsector faces similar structural problems to the textile sector.

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