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baby & kid store February 2022

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Industrial<br />

investment from<br />

Turkey to Ukraine<br />

Turkish companies constitute the majority<br />

of the companies in the industrial zone to be<br />

established in Mariupol City.<br />

<strong>February</strong> <strong>2022</strong> | About Us<br />

Ukraine is the largest country located<br />

entirely within Europe. With the<br />

establishment of the powerful Kievan<br />

Principality, which formed the basis of<br />

Ukrainian identity in the Middle Ages, it<br />

became an important center of East Slavic<br />

culture.<br />

Most of the trade between Ukraine and<br />

Turkey consists of textile and ready-made<br />

clothing products.<br />

Due to the fact that the products imported<br />

from Turkey are economical, Ukraine meets<br />

approximately 70% of its textile products<br />

from Turkey. Mostly by sea, land and air<br />

cargo are also used in imports and exports<br />

between the two countries. Another form<br />

of trade is the suitcase trade. It happens<br />

when people coming from Ukraine sell<br />

the goods they brought with them in their<br />

suitcases in Turkey and take the goods they<br />

bought from here back to their countries.<br />

Ukraine, which is our 18th largest market<br />

in our ready-to-wear and apparel exports,<br />

ranks 19th in our total textile and raw<br />

materials exports.<br />

In Ukrainian trade, there is trade secret<br />

protection. Administrative sanctions<br />

are carried out by the Anti-Monopoly<br />

Committee.<br />

In the January-April period of 2021, $<br />

61.6 million worth of ready-to-wear and<br />

apparel exports and $42.2 million worth of<br />

textiles and raw materials were exported to<br />

Ukraine. Ukraine, which is the 49th largest<br />

exporter in the world with $49.4 billion, is<br />

the 48th largest importer in the world with<br />

$54 billion. As Ukraine’s largest apparel<br />

and apparel supplier is China, which has<br />

a share of 34.8% with a value of $ 374.1<br />

million, and Turkey becomes the second<br />

supplier country with a 19.9% share and<br />

an import of 213.7 million dollars.<br />

Located on historical trade routes, Odessa,<br />

as the largest port of the Black Sea, provides<br />

the commercial link between the “East” and<br />

the “West”. The 18 most important ports of<br />

Ukraine are located within the borders of<br />

Odessa Region. 73.5% of the total volume<br />

of cargo transferred at Odessa ports is<br />

export cargo.<br />

Most of the companies in Mariupol<br />

are Turkish<br />

The majority of the companies in the<br />

industrial zone to be established in<br />

Mariupol City are Turkish companies.<br />

Work is underway for the construction<br />

of Azov Aqua Invest Organized Industrial<br />

Zone, in which Turkish companies will<br />

predominate, in Mariupol, Ukraine. In<br />

the statement made by the Mariupol City<br />

Council, it was stated that within the scope<br />

of the agreement, an initial investment<br />

of 250 million hryvnia (approximately 9<br />

million dollars) will be made in the region.<br />

It is envisaged to provide employment<br />

for 600 people in the industrial zone to<br />

be established. It is foreseen that the<br />

industrial zone, which is planned to<br />

produce elevators, metal structures and<br />

automotive spare parts, will consist of 7<br />

sections.<br />

It is planned to include 11 factories and a<br />

trade center on the land, which is collected<br />

free of charge by the Ukrainian State and<br />

the infrastructure works are covered by<br />

the state.<br />

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