There is a great potential for Turkish Sellers in (CBT) CrossBorder Trade, by benefiting Micro Export advantages. Turkish Sellers issue «0% VAT Invoice» for exports and plus to
that benefit also up to «18% VAT Refund» for exports!
• Turkey shipped USD 157.1 Billion worth of goods around the globe in 2017, up by 3.5% since 2013 and up by a further 10.2% from 2016 to 2017. There are 2.5M
registered SMBs in Turkey and 900.000 SMBs are in the “potential exporter” status. Currently, only 65.000 (~7.5%) of them are registered exporters.
• In 2017, 55% of the export done by registered exporter SMBs, approx. USD 86 Billion. Only USD 400M exports done by Electronic Declaration (Micro Export) which
is only 0.25% of the total volume. However, in the OECD countries, it’s around 5% to 10%. When we look at China it’s in a record level which is close to 30%.