Turkey gains competitive advantage against China

Korkmaz Chairman of the Board Kerim Korkmaz said that Turkey has gained a competitive advantage against China due to container prices, and that many suppliers in Europe have started to choose Turkey due to high prices.

Korkmaz, who participated in the Bloomberg HT broadcast, stated that the container prices had risen to the level of 15 thousand dollars and said:

During the pandemic process, Turkey gained a competitive advantage against China. The biggest reason for this was the high increases in container prices. In other words, before the pandemic, while the price of containers from China was about $ 1,500, these prices increased to $ 15 thousand. Similar prices are in question for Europe. This situation caused many suppliers in Europe to prefer Turkey.