Commercial and Economic Relations between Turkey and the Federal Republic of Germany

The bilateral trade volume between Turkey and Germany stood at 35.9 billion USD in 2019, which corresponds to a decrease of 9 percent compared to the previous year (exports 16.6 billion US Dollars; imports 19.3 billion US Dollars in 2019).

Main items of Turkey’s exports to Germany consist of road vehicles, parts and accessories for motor vehicles and parts for use with piston engines; whilst main items of Turkey’s imports from Germany are road vehicles, medicaments and parts and accessories for motor vehicles.

In the period of 2002-2019, total amount of direct investments from Germany to Turkey is 9.905 billion USD. This figure is 2.790 billion USD from Turkey to Germany in the same period.

There are about 80 thousand Turkish-German businesses operating in Germany. Their annual turnover amounts to approximately 52 billion Dollars and they employ almost 500 thousand people in 50 different sectors.

In 2019, 5,024,193 German tourists visited Turkey.