Bolat Explained the 30-Year Increase in Türkiye-EU Trade.
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Speaking at the ACE BPSC 2026 Conference held at a hotel in Istanbul, Minister Bolat stated that approximately 2,000 American investors and companies are engaged in production, trade, and export activities in Türkiye. Bolat mentioned that the value of these activities amounts to 16.5 billion dollars...
Trade Minister Ömer Bolat stated that trade volume between Türkiye and the US increased by 17 percent in the first nine months of this year, adding that total trade between the two countries could reach $50 billion by 2028 at the latest.
Trade Minister Ömer Bolat stated at the ACE BPSC 2026 Summit that trade between Turkey and the European Union has increased from $21 billion in 1996 to $233 billion. Bolat noted that this represents an elevenfold increase in 30 years.
Speaking at the ACE BPSC 2026 Summit, Trade Minister Ömer Bolat stated that trade between Turkey and the EU had increased from $21 billion in 1996 to $233 billion, a rise of 11 times in 30 years. Bolat also noted that Türkiye's total exports of goods and services amounted to $410 billion.
“We aim to increase Turkey-US trade volume to $50 billion in 2028 and ultimately to $100 billion,” Commerce Minister Omar Bolat said.
Trade Minister Ömer Bolat shared data on Turkey's investment, production, and export capacity at the 2026 Best Practices Sharing Conference held in Istanbul. Bolat stated that they aim to increase Turkey-US trade volume to $50 billion by 2028 and ultimately to $100 billion.
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