TURKEY AND EUROPE TRADE STATISTICS

The international trade connections between Turkey and Europe goes dates back a
few centuries. Turkey's accession to the European Traditions Association in 1995
denoted a crucial second in their monetary ties. This understanding intended to
advance streamlined commerce among Turkey and the European Association (EU)
part states, prompting expanded respective exchange streams and financial
connections.
TRADE VOLUME AND TRENDS
The trade volume between Turkey and Europe has witnessed substantial growth
over the years. In 2022, the total trade volume (imports and exports) between
Turkey and the EU reached approximately $320 billion, highlighting the significance
of this economic partnership. European nations remain Turkey's largest trading
partners, accounting for a significant portion of its exports and imports.
EXPORTS AND IMPORTS
Turkey trades out a variety of merchandise to Europe, including garments, car
items, hardware, synthetic substances, and farming items. As per Turkey Trade Data
insights for the latest years, these Turkish commodities take special care of the
demand of European customers and add to the monetary development of the two
players.
Similarly, Europe too exports different labor and products to Turkey, including
apparatus, electrical gear, drugs, and fabricated merchandise. European interests in
Turkey likewise assume an essential part in areas like energy, development, and
money, further reinforcing the financial ties between the two countries.