| Date: | Monday, August 14, 2023 |
Türkiye High-Tech Product Export
Türkiye HIGH TECHNOLOGY EXPORT
High-tech exports refer to the export of products that are considered high-tech or advanced technology, such as electronic devices, aerospace technology, biotechnology, and advanced medical equipment. These products require significant research and development and often involve the use of the latest technology and proprietary knowledge. High-tech exports are an important source of income for countries and companies as they have high profit margins and worldwide demand due to know-how . Turkey continues to increase its export share in the global market by increasing its R& D investments and giving more space to high technology in industrial production.
Turkey's top 3 product groups within the scope of high technology can be listed as electronic components, communication devices and software products. Exports of these products are critical for the Turkish economy as they are value-added export products and help position the country as a major player in the global high-tech industry.
Türkiye High-Tech Product Export
The high and medium-high technology group of the manufacturing sector, which is seen as the locomotive of economic growth, is a sector that has been growing rapidly in recent years, increasing its welfare level and having high added value, especially in developed countries. The manufacturing industry, which has started to decline in developed countries, is a sector that develops very slowly in Turkey and its share in GNP has decreased in recent years.
This situation shows that the number of firms in the high and medium-high technology group, the number of people employed, the production value and added value of the goods produced are low.
Türkiye's high technology exports amounted to 7.4 billion USD in 2022. The increase in percent compared to the previous year is not a positive data because this rate is increasing exponentially in developing countries.
The determinants of high-tech exports are:
Turkey's Leading High-tech Exporting Companies
We have listed the leading Turkish technology brands that export their products to the world for you.
Vestel: A leading manufacturer of electronics and white goods, including smart home devices, televisions and smart phones.
Arçelik: A global manufacturer of household appliances, including refrigerators, washing machines and air conditioners.
Aselsan: It is a defense electronics company that produces advanced systems and products for military and civilian applications.
Türk Telekom: A leading provider of telecommunications services, including mobile and fixed line services, internet and digital TV.
Turkcell: A mobile telecommunications company that offers a range of digital services and products, including mobile payments and digital advertising.
Roketsan: A defense industry company that produces missiles and rocket systems.
FNSS: It is a defense industry company that produces armored vehicles and weapon systems.
Benefits of High-Tech Products in Manufacturing Processes
Using high-tech products in production has several benefits, including:
Challenges of Implementing High-Tech Products in Manufacturing
While high-tech products offer many advantages, they also pose several challenges, including:
High-tech products are shaping the future of manufacturing in the age of Industry 4.0. Intelligent, connected and automated products are changing the way production is done, enabling higher productivity, better quality, greater flexibility and lower costs. However, the implementation of these products also poses several challenges, including cost, security and workforce changes.
As manufacturing continues to evolve, it is important for companies to embrace high-tech products and Industry 4.0 to remain competitive. By doing this, they can improve their operations, increase their profits and better serve their customers.
