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Turkey adjusts its import and export tariff policies towards China and around the world

Turkey imports and exportsThe CustomsA series of important policy adjustments were made to address domestic and foreign economic changes and further regulate international trade activities. These adjustments involve industries ranging from agricultural products to synthetic fibers to car tyres, significantly affecting the operations and market strategies of domestic and foreign companies.

First, in the field of agricultural products, the Turkish government has decided to adjust the tariffs on green flax imports to zero tax rates before 30 June 2024.This move aims to reduce domestic market prices, improve the availability of green flax while encouraging more import activity and promoting domestic market supply stability.

In the textile industry, the Turkish Ministry of Commerce has imposed strict anti-dumping measures on synthetic fiber long-wire wire fabrics originating in China. According to the 2024/8 announcement, related products originating in China and imported to Turkey through several European countries such as Spain will face anti-dumping duties of up to CIF42.44%. This is the measure taken by Turkey to avoid market overflow by dumped products and protect the development of domestic textile industry.

Similarly, Turkey has decided to impose an anti-dumping duty of up to CIF 44% on synthetic and artificial short fiber fabrics originating in China, reflecting the Turkish government’s firm stance on protecting its textile industry.

The automotive industry did not survive, and Turkey continued to impose an anti-dumping duty of up to 60% on heavy vehicles, agricultural vehicles and new rubber tyres for construction machinery manufactured in China.This policy came into force on the date of publication, for five years, with the aim of balancing the domestic market and protecting the healthy development of domestic tyre manufacturing.

In addition, Turkey has taken safeguards on imported toothbrushes to protect domestic manufacturers from the shock of the surge in imports.According to the 2024/3 announcement, imported toothbrushes will face different stages of safeguard tax over the next three years.

This series of policy adjustments demonstrates the positive attitude of the Turkish government in balancing domestic and foreign market pressures, protecting domestic industrial development and participating in global trade competition.These changes have a significant impact on the global supply chain, especially in those countries and regions with close trade ties with Turkey.

my country's goods trade grew 8.7% in the first two months, with a wider trade surplus
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