For nearly 50 years, Turkey has been an excellent sourcing solution for British retailers – with their ongoing investments into innovation, skills and technology, it has been able to remain among the top three industrial regions for UK companies. Although the country has faced political and financial difficulties (such as recent Turkish Lira devaluation), Turkish …
5 Reasons Sourcing in Turkey Will Help Expand Your Business Read More »
Abbreviations and terms used in the international trade world The very first step any importer takes into this world is looking into the necessary acronyms – the world of international trade is full of them, and they will have a significant effect on your pricing and contract terms. You’ll experience plenty of headaches later on …
8 Strategies to Lower Turkish Factories’ Minimum Order Quantity (MOQ) Read More »
How you import from Turkey will change from 1 January 2021. Britain on Tuesday (29 December) announced it had signed an £18.6 billion (€20.5 billion) trade deal with Turkey that “lays the groundwork” for a more comprehensive post-Brexit agreement in the future. Trade between London and Ankara was worth £18.6bn in 2019, and the UK …
Bridging the gap between Asia and Europe, Turkey is situated on the edge of one of the largest trading blocs in the world – with its broad and established manufacturing base, it serves as a viable, strategic import option for UK businesses. In addition, Turkey would be considered ‘near sourcing’ for UK companies, with the …
How to Build Your Turkish Sourcing Strategy Checklist – in 15 Simple Steps Read More »
Here’s how to ensure your business’ interests stay as profitable as possible… Recently, Turkish industry has exploded, becoming an excellent manufacture option for many Europeans/British looking for an affordable, high quality source of goods – especially in the wake of the recent Turkish lira devaluation. However, like any western nation, it’s far from perfect. The …
8 Mistakes UK Companies Make When Sourcing from Turkey – and How to Avoid Them Read More »