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Turkey Freight Transport and Shipping Q4 2019

Turkey Freight Transport and Shipping Q4 2019

Key View:

The Turkish economy continues to face a recessionary environment over H2 2019, as currency weakness and stronginflationary pressures weigh on national economic activity. The poor headline environment will curb trade momentum, and allfreight modes will feel the slowdown. That said, we at Fitch Solutions expect headwinds to subside from 2020 onwards as real GDPreturns to positive territory, and trade and freight levels begin to trend favourably. We also point to the fact that high-profileinvestment projects, including railways, roads, bridges and airports, will support bulk freight momentum to 2023. Possible negativerisks to our outlook stem from the lingering recession and ongoing diplomatic tensions between Ankara and Washington.


Key View
SWOT
Industry Forecast
Trade Forecast
Road Freight Forecast
Rail Freight Forecast
Air Freight Forecast
Shipping Forecast
Market Overview
Company Profile
Turkish Cargo
Turkish State Railways (TCDD)
Turkey Demographic Outlook
Freight Transport & Shipping Methodology

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