United Kingdom is one of the prominent trade partners of Türkiye. The bilateral trade volume between Türkiye and United Kingdom reached 19,5 billion USD in 2023, which almosts corresponds to the target of 20 billion.

As of 2023, there are 3,200 British companies including BP, Vodafone and HSBC operating in Türkiye. Investors from the UK are mainly interested in energy, infrastructure, health, finance, technology and defence industry sectors.

Main Turkish exports to United Kingdom are gold, made-up textile articles, garments, electrical and non-electrical machinery, motor vehicles and parts, iron and steel products, insulated wires, cables and other electric conductors. Main imports from United Kingdom are diesel and semi-diesel engines, automobiles, tramp iron/steel and their ingots, medicinal and pharmaceutical products to be used in treatments and protection.

Free Trade Agreement (FTA) between Türkiye and the United Kingdom which was signed in 29 December 2020 turned to be inadequate in the course of time due to the new developments in global scale. Especially, after the Brexit, the need to revise the FTA has become an inevitable task for both countries. The decision to start negotiations to revise the FTA has been officially announced on 14 March 2024.

Nearly 4 million British tourists visited Türkiye in 2023.