The Foreign Investment Survey of the Ministry of Commerce revealed that by the end of 2022, there were 2 thousand 33 Turkish direct investments in 128 countries. The capital position of 2 thousand 33 investments was determined as $50.8 billion.
The Ministry of Commerce conducted the “Foreign Investment Survey” to determine the investments abroad of real and legal persons residing in Turkiye as of the end of 2022.
In this context, the capital position of 2 thousand 33 investments made abroad by real and legal persons residing in Turkiye was determined as $50.8 billion.
According to the net investment position, which also takes into account the debt relationship between the investor and foreign investment, the amount of foreign investments of real and legal persons residing in Turkiye was $54.1 billion.
The highest investment is in the European Union
When the distribution of foreign investments originating from Turkiye is analyzed, it is seen that 750 of the 2 thousand 33 investments are located in the European Union (EU) countries, 465 of them were located in the United Kingdom, Russia, the Balkans, EFTA (European Free Trade Association) members and Eastern Europe region grouped as “Other European Countries”.
There are 229 investments in other Asian countries, 222 investments in Near and Middle East countries, 183 investments in North America, 77 investments in North Africa, 57 investments in other African countries, and 24 investments in Oceania and the Polar Region, 18 investments in Central America and the Caribbean Region and 11 investments in South America.
Accordingly, while the share of EU countries in total investments was 37.41%, the share of other European countries was calculated as 22.93%.
When looking at the capital position of foreign investments by regions, it was seen that EU countries came first with a share of 61.4% and a capital position of $31.2 billion. EU countries were followed by “Other European Countries”, including the United Kingdom, Russia, Balkan countries, EFTA members and Eastern European countries, with a 23% share and $11.7 billion. There is a Turkish investment of $2.7 billion in North America with a 5.3% share, and $2.3 billion in “Other Asian Countries” with a 4.5% share in the Central Asian Turkic republics and Southeast Asian countries.
The North African region, which includes Morocco, Tunisia, Libya, Algeria and Egypt, has a 3.2% share in investments and a capital position of $1.6 billion, Near and Middle Eastern countries, including neighboring countries such as Georgia and Azerbaijan, as well as the Middle East and Gulf countries, had a 3% share and a capital position of $1.5 billion.
It was determined that exports from Turkiye to these investments amounted to $15 billion, and Turkiye’s imports from these investments amounted to $7.2 billion.
The Netherlands is in the first place
As of the end of 2022, it was observed that there were direct Turkish investments in 128 countries. The Netherlands took the first place with 189 investments and a capital position of $21 billion 238 million 600 thousand 364. This country was followed by the United Kingdom (England, Wales, Scotland, Northern Ireland) with 86 investments and a capital position of $4 billion 450 million 711 thousand 972.
Also in the list, the USA drew attention with 177 investments and $2 billion 683 million 571 thousand 678, 166 investments in Germany and $2 billion 887 million 538 thousand 677.
Finance and insurance activities ranked first in foreign investments made by real and legal persons residing in Turkiye, with a share of 70.2%. The activities of holding companies constituted the most weighty part of these activities.
Mining and quarrying with a share of 6.4%, wholesale and retail trade with a share of 4.4%, basic metal industry with a share of 3.6%, food, beverages and food companies with a 2.4% share. tobacco products manufacturing, textile and clothing industry with a share of 1.7%, transportation and storage with a share of 1.5%, and information and communication industry with a share of 1.4%.
Source: Trthaber / Prepared by Irem Yildiz