Türkiye's export potential grows day by day thanks to the support programmes continually updated by the Ministry of Trade and the advantages they offer exporters. These comprehensive updates and grants give Turkish companies and the export of domestic products a competitive edge in the global market.
Thanks to this support:
1. Opening Up to New Target Markets
The Ministry of Trade's latest updates have cleared the way for exports by refinancing many of the expense items exporters incur to open up to new target markets. Turkish companies will now be able to reach markets that previously received little focus more effectively. The sectors that can benefit from export support cover a very wide range: whether you export goods or services, you can grow your business with this support.
2. Updated Support Amounts
The updated support programmes offer exporters more financial opportunities. The increased support rates were set to boost trade volume and strengthen the international competitive advantage of Turkish companies. To give an example of the increased rates: the “Unit Rent Support” you can benefit from when renting a space such as an office or warehouse abroad was 3,619,000 TL per unit last year; with the renewed amounts, the support available per unit has been updated to 5,591,174 TL.
Likewise, the advertising support available in 2024 has become 11,183,893 TL.
If you would like to learn about these and other increased support rates and sectors and have your company's eligibility checked, you can contact us.
3. Easy Exporting with Export Finance
These and similar export support updates aim to make Turkish businesses more competitive in the international market, especially by supporting SMEs. There are many support items for exporters of goods and services, and updates to their scope and amounts are expected during the year, as with the Ministry of Trade support. You can receive support for expenses you incur to grow your exports, such as advertising and promotion, unit rent, trade fair participation and business travel.
These updates and improvements aim to give Turkish exporters a greater competitive advantage in the international market. By using these support programmes effectively, Turkish businesses can play a more active role on the global stage and increase their exports. We expect these steps by the Ministry of Trade to give positive momentum to Türkiye's economic growth and foreign trade volume.
Don't forget to contact us for detailed information.
