Jobs, trade, investments: This is how the German and Turkish economies benefit from each other.

Large trading volume
Germany is Turkey’s most important trading partner. Only in 2017 did the bilateral trade volume reach a new record level of EUR 37.6 billion. No other country purchases so many Turkish goods in foreign trade – and only Russia and China export more to Turkey than Germany.
High investments
Investments by German companies in Turkey amount to around EUR 12.9 billion; Turkish companies have invested 1.8 billion euros in Germany. This has benefited the clothing and textile industry in Germany in particular over the past 15 years, while projects in the automotive industry were most important for German investments in Turkey.
Numerous companies
There are over 7,000 German companies active in Turkey, and around 1,300 Turkish companies in Germany. Entrepreneurs of Turkish origin employ around 500,000 people in Germany and generate annual sales of around 50 billion euros.
Significant employers
One hundred percent subsidiaries of German companies are significant in Turkey employer: As a supplier, for example, Bosch Sanayi ve Ticaret (around 8,000 employees), as a manufacturer of trucks and buses, Mercedes-Benz Türk (around 6,000). BSH Ev Aletleri employs around 7,000 people in the electrical industry, and around 4,000 in the Hugo Boss Tekstil textile industry. The most traditional German company in the country is Siemens: The industrial group has been active in Turkey since 1856. Siemens Turkey employs around 3,000 people and creates indirect jobs for over 40,000 people.
Strong partners
Turkish companies have gained in importance for the German economy in recent years. Şahinler is the largest Turkish group of companies in Germany – and among other things one of the most important manufacturers of children’s clothing in Europe. Enerjisa Enerji stands for an outstanding German-Turkish partnership: the joint venture between the Turkish company Sabanci and the German company E.ON employs over 9,000 people in Turkey in the energy industry and generates annual sales of around $ 4 billion.
Sources: Federal Foreign Office, Germany Trade & Invest (GTAI)
Would you like to receive information about Germany regularly? Here going’S for registration:
RELATED ITEMS
-
Numbers and facts about child labor – child relief Switzerland
The International Labor Organization (ILO) estimates that there are 264 million children in one worldwide between the ages of five and 17 years…
-
Children’s sleep aid: five tips for a healthy night’s sleep – focus online
Spotted an Error? Every third first grader has problems falling asleep or staying asleep. So that it does not become chronic…
-
Christmas in the gdr – 7 interesting facts
Christmas Eve and Christmas were actually undesirable holidays. However, this original German custom could not be avoided, so the interpreted…
-
Police crime statistics record many cases of child abuse every year. Since a large part of the deeds, however, in the family or…