There remains untapped potential for Vietnamese plastic exporters in Turkey due to the high demand for plastic materials needed by a wide range of sectors.

Turkey has imported more than US$10 billion worth of plastic materials annually

According to the Import-Export Department under the Ministry of Industry and Trade, Turkey has imported more than 10 billion USD worth of plastic materials annually. This is because its plastic material production only meets 15 – 20 % of the amount required by its market and foreign importers. The sectors with high demand for plastic materials include construction, automobiles, packaging and household goods production.

Turkey currently purchases plastic materials from more than 100 countries and territories around the world. Of the total amount purchased by the country, 63% comes from Saudi Arabia, Germany, Belgium and the Netherlands, as well as the Republic of Korea, Spain and Italy.

The department noted that Viet Nam is also one of Turkey’s plastic material providers. However, Vietnamese exports accounted for a modest 0.1% of the total import turnover of the product.