Walmart Turned Directions to Turkey

by The Istanbul Post

NEW YORK, NY

Coronavirus, the world would be translated into the hands of the giant Turkey. Walmart, which introduced Chinese goods as ‘cheap production’ to tens of thousands of stores around the world, changed its mind due to the virus epidemic.

According to Sabah newspaper, retail giant reducing the purchase of goods from China, they slid a section of the order in Turkey. In 27 countries, 55 showing different brand activities, 520 billion dollar turnover, the world, with cash flow exceeding $25 billion, the largest retailer, which in many products until the food from plastic to Walmart began making Turkey an alternative.

Turkey’s first exporter of ketchup Assen Foods, Lux Plastic, Avsar Enamel, rigorous Plastic, Aluminum moonlight, Gondola plastic, Paşabahçe, Keramika, Solmazer and Art Glass tens of companies like Walmart began selling.

We can be an alternative to China

TAIK President Mehmet Ali Yalçındağ Covid-19 with the US and China relations between the more tense, to diversify the supply chain of the dependent company in China said they observed that lead to new countries, “In this context, Turkey, Vietnam, countries like India stands out. At the same time, American companies that are dependent on China in the supply chain are having serious problems today. In many sectors, our country may be an alternative to China for US importers. ” Yalçındağ said that the report prepared to BCG within the scope of the trade target of 100 billion dollars will be updated in order to make the Turkish private sector stand out in the post COVID-19 period.

There were no Turkish goods

İstanbul Demir ve Demirdışı İhracatçılar Birliği  Association (İDDMİB) Chairman Tahsin Öztiryaki stated that they had been working to sell products to Walmart since 2005, and they did not look at their faces at that time.

The company focused exclusively on China. This situation changed after the coronavirus. Since China made cheap production, Walmart bought all the products from there. Now they realized they were making mistakes. Currently, some of our companies started selling to Walmart. This will increase. ” Öztiryaki also said that they plan to build warehouses in the USA.

Interest in other markets started in the USA

Anadolu Aslanları İşadamları Derneği-Businessmen’s Association (ASKON) President Orhan Aydın stated that they would make an appointment with Walmart and go to the USA after the pandemic measures were alleviated. the other giant stores in the United States began the interest in Turkey, “he said.

China LOST

Burak Önder, Chairman of the Ev ve Mutfak Eşyaları Sanayicileri ve İhracatçıları Derneği -Association of Home and Kitchenware Industrialists and Exporters (EVSİD), said that China started to lose its superiority after the COVID-19 process and said: “Companies all over the world have searched for alternative markets and companies in their supply chains. Because everybody saw that working with one market and one supplier is a risk. Our country is one of the most important alternatives in the world with its production infrastructure, human resources, competitive price and service. ”

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