How come they generate so much cash ??
What exactly do turkey imports beside , F16 or upgrades , their GDP is quite healthy
TURKEY :-
GDP - 17th Largest , 15th largest GDP(PPP)
Member - G20, NATO
Human development Index ( High)
Received FDI - $145.5 billion ( for comparision India only $76 billion)
Main industries
Textiles
food processing
Automotive
Electronics
Mining (coal, chromite, copper, boron)
steel
petroleum
construction
lumber
paper
Imports -
machinery
chemicals
semi-finished goods
fuels
transport equipment
Exports
Tourism
Textile and clothing
Electronics
Home Appliances
chemicals
Iron and steel
Automative
Machinary
* Turkey's Vestel Electronics is the largest TV producer in Europe, accounting for a quarter of all TV sets manufactured and sold on the continent - source wiki
* Turkish companies made clothing exports worth $13.98 billion in 2006
* Turkey has a large and growing automotive industry, which produced 1,024,987 motor vehicles in 2006, ranking as the 7th largest automotive producer in Europe; behind Germany (5,819,614), France (3,174,260), Spain (2,770,435), the United Kingdom (1,648,388), Russia (1,508,358) and Italy (1,211,594), respectively
* Turkey is also one of the leading shipbuilding nations; in 2007 the country ranked 4th in the world (behind China, South Korea and Japan) in terms of the number of ordered ships, and also 4th in the world (behind Italy, USA and Canada) in terms of the number of ordered mega yachts
* The Turkish construction and contracting industry is one of the leading, most competitive and dynamic construction/contracting industries in the world. In 2007 a total of 22 Turkish construction/contracting companies were selected for the Top International Contractors List prepared by the Engineering News-Record, which made the Turkish construction/contracting industry the world's 3rd largest, ranking behind those of the USA and China
* Tourism is one of the most dynamic and fastest developing sectors in Turkey. According to travel agencies TUI AG and Thomas Cook, 11 of the 100 best hotels of the world are located in Turkey
* In 2008, the number of visitors rose to 30,929,192, who contributed $21.9 billion to Turkey's revenues
* Turkey ranks tenth in the world in terms of the diversity of minerals produced in the country. Around 60 different minerals are currently produced in Turkey. The richest mineral deposits in the country are boron salts and Turkey’s reserves amount to 72% of the world’s total. According to the CIA World Factbook, other natural resources include coal, iron ore, copper, chromium, uranium, antimony, mercury, gold, barite, borate, celestine (strontium), emery, feldspar, limestone, magnesite, marble, perlite, pumice, pyrites (sulfur), clay, arable land, hydropower, and geothermal power.
* Istanbul, Turkey's financial capital, had a total of 35 billionaires as of March 2008, ranking 4th in the world behind Moscow (74 billionaires), New York City (71 billionaires) and London (36 billionaires)