Commercial and Economic Relations between Turkey and Sweden

The bilateral trade volume between Turkey and Sweden stood at 3.212 billion USD in 2018 (Turkish exports 1.481 billion USD, imports 1.731 billion USD).

Turkey’s main export items to Sweden are motor cars, vehicles for the transport of goods and chromium ores, while Turkey’s main import items from Sweden consist iron ores, paper and paperboard coated with kaolin, ferrous waste and scrap and medicaments.

Total amount of direct foreign investments from Sweden to Turkey between 2002 and 2018 is 317 million USD, while the figure is 115 million USD for the investments from Turkey to Sweden in the same period.

The number of Swedish tourists visiting Turkey amounted to nearly 385 thousand in 2018, corresponding to a 33 % increase compared to the previous year.