POPULAR TURKISH TV SERIES RAISE EXPORTS OF GOODS, SERVICES

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Tue 12 November 2019:

Aired in nearly 150 countries around the world, Turkish TV series raise interest in Turkey’s products, therefore making a significant contribution to the sales of goods and services to the countries where Turkish dramas are a big hit

Turkish TV series draw great interest in overseas markets and contributes to Turkey’s image and promotion of its products in the countries where they are aired. With that, the shows play an effective role in increasing Turkey’s services and goods exports.

According to estimates, the export of Turkish dramas reached $500 million last year.

While the share of the film and television sector in the national economies is increasing day by day, the sector stands out as an industry branch with an increasing value.

According to Trade Ministry data and sector representatives about 50 to 70 new TV series are aired on television channels or platform sites each season.

The sector is also growing with the interest of Turkish audiences and the success of exports.

Turkish-made shows have been screened in many continents from the Middle East to the Balkans, from Africa to Central Asia, the Far East, and South America, reaching some 700 million people in nearly 146 countries. Turkey ranks second after the U.S. in global TV series exports.

While the average sales price of the series of $4,000 per episode has increased to $400,000 in the last five years, Turkish series exports, which stood at around $150 million in 2013, rose to approximately $350 million in 2017 and $500 million in 2018.

A steady increase has been achieved in the last three years in the export of goods to Venezuela, Brazil, Peru, Paraguay, Dominican Republic, Argentina, Uruguay and Chile from Latin America and Caribbean countries, where many Turkish series are aired.

Compared to 2016 and 2018, exports to Venezuela increased 572%, followed by the Dominican Republic with 155%, Paraguay with 105%, Peru with 88%, and Chile with 78%.

Turkish exports to Egypt, where the country’s dramas are a big hit, have recorded steady rises despite souring political relations. According to the data of the Turkish Exporters Assembly (TİM), Turkish exports to the North African country came at $2.6 billion in the January-October period this year with a 6.5% rise compared to the same period of last year. In a similar vein, the sale of goods and services to the United Arab Emirates (UAE), where the officials called for boycotting Turkish TV series a number of times, rose by 11.8% in the same period and hit $1.7 billion. Moreover, exports to Saudi Arabia, where Turkish TV series are high on demand, increased 26% in the first 10 months of this year compared to the same period last year. Exports to the Gulf nation totaled over $2.6 billion.

“Kara Sevda,” “Kara Gül” (Black Rose), and “Bir Zamanlar Çukurova” (“Once Upon a Time in Çukurova”) have been exported to Romania, Croatia, Montenegro, and Serbia, influencing Turkish products and trends in these countries. The exports to Montenegro rose by 70% in the first 10 months of this year compared to the same period of last year. The total value of Turkish exports were calculated at $105 million, TİM data revealed. Furthermore, Turkey’s exports to Serbia also moderately rose to $786.5 million in the said period from $729 million in the first 10 months of last year.

In Africa, Turkish TV series also have a huge fan base. Exports of goods to many of these countries have also increased in the last three years. Exports to Senegal, Tanzania, and Kenya, where “Kara Para Aşk” were sold, increased 153%, 134%, and 63%, respectively. Exports to Morocco, which airs “Forgive Me” (“Beni Affet”), exports soared 35% in the same period.

Meanwhile, sector representatives are expecting positive developments in the export of service sectors such as health and education tourism, gastronomy and passenger transport to the countries importing Turkish TV series.

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