ECONOMY IN İZMİR

• One of the driving forces behind national economy
• The second largest commercial center in Türkiye
• A significant industrial base , realizing 9.3 % of Turkey’s total industrial production
• A productive city creating 13.5% of the total added value created in Türkiye
• Having 10.4% of the total businesses and 9.7% of the total employment of Türkiye

• Approximately 40% increase in exports in the last three years
• More than 4,000 export companies
• 4.1 % of  total imports and 6 % of the total export of Türkiye
• The traditional export items of İzmir are agricultural products, foodstuffs, textiles, clothing, iron and steel
• A worldwide reputation for its local products such as cotton, figs, grapes, tobacco, olives and superior quality olive oil

With its organized industrial zones including 7 active, 9 under construction and several in project phase, 2 free zones, technology development zone and 4 main trade ports, Izmir is the investment attraction centre of the region.

Breakdown of the Number of International Companies in Izmir by Country of Origin ( As of end of 2010)

 Germany 26 %, Netherland 8 %, Italy 7 % , UK 6 % , France 6 % , USA 5 % , Iran 5 %, Greece 3 % , Russia 2 % , Austria 2 % , Switzeland 2 %, Other 28 %.

A selection of major international corporations that have chosen to invest in Izmir :

Philip Morris, KT & G, Hugo Boss, Akzo Nobel, Delphi , Tetra Pak, Gates, Cummins, Enercon , PFW, Mahle, Tesco , Eldor, Hoffmann, Japan Tobacco International , IBM, Dr.Oetker, General Motors, Kanzai

Altan, Fokker, Larth, Coca Cola, Pepsi, Pratt & Whitney.