Commercial and Economic Relations between Turkey and Belgium

The bilateral trade volume between Turkey and Belgium stood at 6 billion 886 million USD in 2017, which corresponds to an increase of 20 percent compared to the year before (Turkish exports 3 billion 157 million US Dollars; imports 3 billion 729 million US Dollars).

Main items of Turkey’s exports to Belgium are motor vehicles and parts, textile products, machinery and equipment, plastic, whilst main items of Turkey’s imports from Belgium are chemical products, plastic, metals, machinery and equipment, vehicles parts.

In the period of 2002-2017, total amount of direct investments from Belgium to Turkey is 8 billion 424 million USD. This figure is 320 million USD from Turkey to Belgium in the same period.

In 2017, 419,998 Belgium tourists visited Turkey.