Turkey straddles the Europe Asia border and is slightly larger than Texas in area. Turkey is peninsula like country that borders the Black, Aegean, and Mediterranean seas. The territory of Turkey is more than 1,600 kilometres (1,000 mi) long and 800 km (500 mi) wide, with a roughly rectangular shape. About 11% of the land is cultivated farm land. The traditional agricultural sector still accounts for 25% of employment but the Turkish economy is increasingly driven by industry and service. Turkey's main crop is wheat and also has high deposits of boron salts (72% of world) and is a global leader in hazelnuts and tobacco. Turkey is a net importer of oil and gas. The work force in Turkey is 27.43 million.
2. International Trade
Exports from Turkey measure at about 133 billion and include apparel, food, textiles, metal, and transport equipment. Germany, the UK, France, Italy and Iraq are among top importers of Turkish goods. Automotive, construction, and electronic industries are rising in exports.
Imports measure at about $212.2 billion and include machinery, chemicals, semi-finished goods, and fuels. Russia, Germany, China, The US, Italy and France are among the countries from whom Turkey imports most.
| Exchange Rate |  |
Turkish liras per US dollar -1.668 3. National Income Accounts Ivestment spending in Turkey (2010) is 20.365 % of total GDP. Government spending in Turkey (2010) is 34.85 % of total GDP. | |
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