Exports to Turkey remain strong, at $100m a month
Israel exports to Turkey did not drop after the Gaza flotilla incident in May, the Israeli Credit Insurance Company reports; Israeli travel agents start offering tour packages to Antalya again.
By Ora Coren Tags: Israel news Turkey Gaza flotillaIsraeli exports to Turkey did not drop at all after the Gaza flotilla incident at the end of May, reported the Israeli Credit Insurance Company, which provides foreign trade insurance.
It turns out that fears that Turkish companies would exploit the political situation to avoid paying for goods were unfounded - at least for now. As a result, ICIC has not reduced its credit lines for exports to Turkey, despite the higher political risk.
The ICIC reported that Israeli exports to Turkey remained at $100 million per month in June and July. This comes out to $1.2 billion a year, similar to the pace before the flotilla clash.
The political fallout apparently didn't harm new export agreements, either: The demand for credit insurance for new deals between Israel and Turkey has not fallen.
There were 26 new export deals to Turkey in June and 33 in July, similar to the rate in the months preceding the flotilla, reported ICIC. Most of the deals were in the chemical, plastics, metal and equipment industries.
"Turkey is considered one of Israel's most important export markets, and it is very important to see that despite the images of big demonstrations there, in practice Turkish business people have not cut their ties with Israel, as of now," said CEO David Milgrom.
ICIC provides more than $12 billion a year in credit insurance for 115 countries, for both foreign trade and domestic credit. Credit insurance guarantees the seller will receive its money even if the customer does not pay, whether for political reasons - which may include war, a coup, a ban on currency exports, a moratorium, nationalization or cancellation of import license - or for business reasons related to the company, such as insolvency or financial difficulties. The insurance covers 90% of the sum, while the remaining 10% is considered the deductible.
ICIC is owned in equal parts by Harel Insurance, Bituach Haklai and Euler Hermes, the largest credit insurer in the world.
Back to Antalya
Israel's travel agents have started offering tour packages to Antalya again. The Turkish coastal resort has been a favorite spot among Israelis for years, but visits came to an almost complete halt following the flotilla fiasco three months ago.
Flying Carpet is renewing its flights to the city starting August 2, using the Turkish charter airline Onur Air Tasimacilik. It's offering a 6-night package starting at $600 per person for a double room. The Antitrust Authority says that Onur flew 52,000 passengers in the first half of 2010, down 2.2% from the same period of 2009. (Zohar Blumenkrantz )
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A resort in Turkey. |
| Photo by: Moshe Gilad |
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Turkish export to Israel: January: 138.506.000$ February: 171.246.000$ March: 195.815.000$ April: 168.915.000$ May: 152.975.000$ June: 159.607.000$ Turkish import from Israel: January: 89.935.000$ February: 97.621.000$ March: 98.179.000$ April: 130.497.000$ May: 130.961.000$ June: 174.468.000$ Source: Turkish National Statistics Bureau
what an horrible place! I'll never, never, never intend to spend there even one hour
Its shame on Turkish government who is still allowing trading who killed 9 innocent citizen. You do not have any honour left?
@David Israel Turkey will always be Ataturk's Turkey! I know some people in Turkey do not wish to digest this fact but that is their problem! If it is so-called sharia law they want (sharia law itself has been misunderstood but that is a story for another day) then they are welcome to leave Turkey for countries like Iran or Saudi Arabia! Kemalist bir topluma Kemalist bir devlet yakisir!! It is as simple as that.
Both the Nethnayahu and Erdogan governments were to blame for the flotilla incident! What I don't understand is why despite Israel giving warnings of a possible commotion, Erdogan still allowed the IHH to sail towards the blockade! Israel should NOT have attacked in international waters but at the same time Erdogan should have taken those warnings into account! It is up to him to protect and ensure the well-being of his citizens and he has failed! Not only didn't the palestians benefit from the IHH but also 9 people lost their lives. Who is to blame? I hate to say this but Erdogan just wants to seem like the SUPERMAN of the middle-east! why didn't he raise his voice about the invasion of Iraq when he first became prime minister? and the situation in Israel has been going on for a good few years! why voice your opinions about the Israeli/Palestian conflict now? he always pulls these stunts around the election times, have you not noticed that? CHP FOR TURKEY!!!!! AKP IS A COMPLETE FARCE!!!!!!! Turkey has not benefited from this AKP government at all! Our servicemen are being slaughtered by the PKK terrorists and people who uphold Kemalist ideologies are being locked-up with no reason while REAL criminals are out in the streets or playing havoc in the mountains of Eastern Turkey! Where is the justice??? Yatip Kalkip ATATURK'E dua etmek lazim!!! Look at what state Turkey is in now?? kardes kardese dusman kezilmis!!! People using religion as a gimmick and much more! Yaziklar Olsun!
As long as the number of Turks with good education, intellect and common sense like you are on the rise and are lauding their voice in their communities and the media there is still hope that Turkey will get back to its proper path which Ataturk intended it to be. But just remember that you are opposing a very tough competition. They are using or rather misusing / exploiting religion, distributing care packages - coal, beans and rice etc - with money obtained from Green capital sources as well as taxpayer money, they believe that lying is MUBAH (acceptable) in reaching their destination. You must be careful not to fall in their trap but also you must teach others also not to fall into it. 8 Years ago in Gurcesme neighborhood (Used to be a poor workers leftist area) of Izmir AKP distributed expensive pressure cookers before elections but did not give them the top lids. They said that only if they win the elections in Gurcesme they would give them the lids. Yo must explain the poor people that a gift from election to election does not make them live better but a good education, social reforms can improve their lives. You have a tough fight to win. Good luck. Just for you to know: I am doing my small part here in NY by talking to my representative and senators about Turkish politics and who to support.
Israel has no right to ban ships setting sail to Gaza, it is not Israeli territory. The flotilla was comprised of many nations, including German Members of Parliament. Holding Erdoğan responsible for the incident means Israel is entitled to raid ships and murder people at high seas. Israel has no such right, therefore being in opposition camp does not give any one right to accuse his/her government by taking any opportunity, whatever it is. A person must have some patriotism in himself/herself.
Keep politics out of business...Good for Turks...as well as for Israelis... Keep relation strong
Turkey is not the problem AKP is! I like to think of AKP as a seperate entity from The Republic of Turkey! and I believe Israel's current crisis is with AKP and not with the Turkish nation! @David Israel Merak etme! Ataturk's foundations are strong! Nobody can dismantle Kemalism in Turkey! At the moment Turkey is going through a "Cummuriyet Savasi" and I believe a more Kemalist and more stronger turkish-public and turkish-army will emerge from this! The turkish-public will eventually realize that Kemalism is the way forward! AKP's mask has fallen!
When we read that vial reply with insults given to my post below one can easily understand that there are two Turkey's The one that is made of the AKP supporters whose intellect can not go beyond the worst insults and the intellectual modern Ataturk'cu Turkey where you belong.
@AylaAkman You may know better since you live in Turkey, but let me tell you how Kemalism is seen outside, especially in academic environment. Till 1950s there was only one political party, and this party was claiming to be democratic and modern. They did not allow any other party to get involve 30 years.
Once a second party (of adnan menderes) pop up, they took the government in the first election with a huge victory and then a military coup and executed him. These things were all done by the name of kemalism. After that till 1980s, there had been a military coup in each decade, all were done for securing the kemalism. Do you think it is different from todays' dictator Iranian government? There has been three democratic and liberal governments in modern Turkish history. First one was Mr Menderes who was executed (what a shame for turkey), second one was Turgut Ozal, and third one is current Erdogan government. Only difference in Erdogan government from the previous ones is, they resist harmful Israel policy. Now Israelis started propoganda to blame government converting Turkey to a shariah country which really doesnt make sense. What they did is to provide freedom to any identity available in the country including Muslims Kurds Christians jews. But this freedom to muslims are frightening some people who thinks they are gonna convert the country. I go turkey 2-3 times a year to turkey for business. As I see, some people are really and innocently worrying that country is systematically being converted to shariah by government. These types of worries happened in all other countries who were in a transition from dictatorship to democracy. Soviet communists were blaming their government to sell russia to westerns during 1990-2000s. In 1950s when the black peoples rights are in consideration in US, a lot of Yankees were thinking country will be taken over by blacks and they were claiming that US is losing its identity. Conversion to democracy is painfull, and turkey is facing with that right now.
but you're not wellcome to Turkiye, stay where you are or go somwhere else I would say.
MISAFIRPERVERLIK as you call it. Dutring the AKP rule we saw the Turkish MISAFIRPERVERLIK as well as KARA GUN DOSTLUGU and MERTLIK traditions die in exchange of a few dollars. AHHH Ataturk Ahhh wher are you?
He is just another idiot. you are welcome anytime:)
"It turns out that fears that Turkish companies would EXPLOIT the political situation to AVOID PAYING for goods were unfounded - at least for now." What a shameful and unseemly way of thinking it is. I guess this would be the normal way to act for you in such a situation and this is the way you think, so you expect the Turks to behave like this. In fact, the usual Turkish behaviour will be to pay the debt to the non-Muslim first and if sufficient money remains pay the debt of the Muslim secondly. We remain loyal to our debt and dislike to be indebted to a non-Muslim.
And yet you owe a lot of money to the west including IMF. Not to mention that during the Ottoman rule minorities payed taxed while Muslims were exempt. And after the Turkish republic was founded a tax called varlik Vergisi was brutally imposed only to minorities.
You use to show the half of the thing. Under Ottoman rule minorities payed tax but they were excluded from military service, the military service was mandatory for the Muslims. I am sure you know this detail, and find it meaningful you do not mention it. Why are you doing this? I too believe Varlik Vergisi was a big fault. I guess you once lived in Turkey and then emigrated to Israel. I wish the Turkish Jews would not have emigrated in the past but continued staying at Turkey.
I also served in the Turkish military. My farther served two times. Once the real service the second was what was called 20th draft (20ci kura) which was in reality a labor camp. During the Ottoman empire minorities dod not serve in the military but not because they payed taxes rather because they were considered as second class subjects not trust worthy Kafirs. Even today an Armenian Turk who has passed all the qualifications to become a public servant a year ago can not get a government job. Do you know whay most Turkish Jews emigrated out of Turkey? Please rad 1936 Kirklareli incidents, Varlik Vergisi and the 20th Draft, 1955 September 6-7 ( I remember this one as I lived through it), the kidnapping and murder of Efraim Elrom, The weekly anti Israel and Anti Jewish demonstrations by th eBir Gun news paper, the politics and words of Erbakan, Harun Yahya, the murders of dentist yasef yahya, Uzeyir Garih.
As far as I know, the minorities served in Ottoman army as auxiliary units (engineers, doctors etc.) not combat units. And they were so few. Even your new country once gathered Japanese Americans in concentration camps in WW2. And also Arab citizens of Israel are exempt from military service. You see unfair practices are also common in the US and Israel. Why Turkey is the only to blame? By the way I was discussing the Turkish behaviour to paying his debt, but you took me up to completely in another point. Good day...
With the intimidation of the media,the judiciary, altering of the constitution,the arrest of the leaders of the heads of the military , the abuse of the police force , who knows?
NOT only intimidation but also murdering 9 peaceful protesters by IL in international waters, pirating their ships by IDF, lower seat offered to the Turkish Ambassador, strip searching Turkish citizens at Ben Gurion airport. There are many more reasons for which Turkiye should drop Israel as an rotten apple.
People chanting death to israel together with the sound of Tekbir carrying disk cutters to be used to cut steel rods from the deck of a ship in order to attack IDF are not considered as peaceful in civilized world. But inTurkey where even a friendly football match betwen galatasaray, Fenerbahce, besiktas ends up with the stadium burned I guess the meaning of peaceful is different then what we understand in the west.
Dear davud sen bir orospu oglusun lan, Having Israelis created the Gaza strip as an open jail for many years for more than 1,5 million Pal refugees and continuing to deprive them from the very basic needs including free movement, education out of Gaza, medical treatment abroad, not allowing anything inside the strip due to IDF blockade, 9 people of mavi marmara were murdered in cold blood by up to the teeth armed IDF. So Davud if those 9 people who offered their lives to ease the suffering of 1,5M Gazans then how come that there were so many western citizens on board the flotilla? It is not the western way of understanding of peaceful but your Israeli way I guess. Layla tove min Jerushalym ve iyi akshamlar
The first sentence written in Turkish a one of the mot vial insults that has no place in any civilized discussion and if it were in English Haaretz would have never published it. It only shows the lack of intellect of some Turkish people. They have no valid point to make therefore they use the dirtiest curses. I hope Haaretz publishes this post of mine. After all I have been insulted in the worst possible way and deserve at least a few words to rebottle.
Glad to hear the trade between the two countries are not effected. it is nice to read encouoraging news about this subject after all the bad news we have been reading reacently.