Türkiye world map

Trade in Türkiye

Türkiye was the world’s 30th largest exporter of goods and 25th largest exporter of commercial services in 2021. Export values were $225.2 and $57.8 billion USD respectively. Türkiye’s top export category was manufactures, followed by agricultural products, and fuels and mining products. In 2020, Türkiye’s main export destination markets for goods and services trade were to Germany, the the United Kingdom and the United States, with trade representing 60.96 per cent of GDP. In terms of imports, Türkiye’s import values were $271.4 and $30.6 billion USD respectively in 2021. Türkiye’s top import category was manufactures, followed by fuels and mining products and agricultural products. Leading import partners were China, Germany and the Russian Federation. Türkiye is part of 25 different Regional Trade Agreements, such as Economic Cooperation Organization (ECO), EFTA – Türkiye and Egypt – Türkiye.
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Republic of Türkiye

Abbreviation

TR

Capital

Ankara

WTO Membership Date

26 March 1995

Legal System

civil law system based on various European legal systems, notably the Swiss civil code

Language

Turkish

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Turkish lira

Exchange Rate

Google Finance Currencies

GTFP Confirming Banks

Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited.
  • Alternatifbank AS - Istanbul, Turkey - SWIFT: ALFBTRIS

  • Akbank TAS - Istanbul, Turkey - SWIFT: AKBKTRIS

  • BankEuropa - Istanbul, Turkey - SWIFT: BKEUTRIS

  • BankPozitif Kredi ve Kalkinma Bankasi AS - Istanbul, Turkey - SWIFT: BPTRTRIS

  • Burgan Bank AS (prev. Eurobank Tekfen) - Istanbul, Turkey - SWIFT: TEKFTRISXXX

  • Citibank AS - Istanbul, Turkey - SWIFT: CITITRIX

  • Denizbank AS - Istanbul, Turkey - SWIFT: DENITRIS

  • Deutsche Bank AS Istanbul - Istanbul, Turkey - SWIFT: BKTRTRIS

  • Eurobank Tekfenbank AS - Istanbul, Turkey - SWIFT: TEKFTRIS901

  • Fibabanka AS - Istanbul, Turkey - SWIFT: FBHLTRIS

  • Finansbank AS - Istanbul, Turkey - SWIFT: FNNBTRISXXX

  • Habib Bank Limited Turkey - Istanbul, Turkey - SWIFT: HABBTRIS

  • HSBC Bank AS - Istanbul, Turkey - SWIFT: HSBCTRIX001

  • ING Bank AS Turkiye - Istanbul, Turkey - SWIFT: INGBTRIS

  • MUFG Bank - Istanbul, Turkey - SWIFT: BOTKTRIS

  • Odea Bank AS - Istanbul, Turkey - SWIFT: ODEATRIS

  • Sekerbank - Istanbul, Turkey - SWIFT: SEKETR2A

  • T Vakiflar Bankasi TAO - Istanbul, Turkey - SWIFT: TVBATR2A

  • T. Garanti Bankasi AS - Istanbul, Turkey - SWIFT: TGBATRISXXX

  • Tekstil Bankasi AS - Istanbul, Turkey - SWIFT: TEKBTRISXXX

  • Turk Ekonomi Bankasi AS - Istanbul, Turkey - SWIFT: TEBUTRIS

  • Turkiye Is Bankasi AS - Istanbul, Turkey - SWIFT: ISBKTRISXXX

  • Yapi ve Kredi Bankasi AS - Istanbul, Turkey - SWIFT: YAPITRIS

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

Government MSME Agency

  • Small and Medium Enterprises Development Organization (KOSGEB)

  • Ministry of Industry and Trade (MIT): Public Agency for the Development of SMEs (KOSGEB)

    -

Industrial Property Offices

  • Turkish Patent and Trademark Office (TURKPATENT)

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.
  • Ministry of Agriculture and Forestry
    General Directorate of Food and Control
    Phone: +(90 312) 258 7610
    +(90 312) 258 7607
    Website: https://www.tarimorman.gov.tr

    Universiteler Mah. Dumlupinar Bulvari, No: 161
    06800, Cankaya

    [email protected]

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.
  • Ministry of Trade
    DG Product Safety and Inspection
    Phone: +(90 312) 204 89 75; +(90 312) 204 9286
    Website: http://www.teknikengel.gov.tr

    T.C. Ticaret Bakanligi
    Söðütözü Mah. 2176. Sk.
    No:63, Çankaya
    Ankara, 06530

    [email protected]

Additional Information

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Links to other helpful resources

This section includes additional links to trade-related resources.

Trade Information Portal

https://www.trade.gov.tr/

Last Reviewed: June, 2023

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