Commercial and Economic Relations between Türkiye and Monaco

Bilateral trade volume was recorded 27.6 million Euros in 2021 (Data for 2022 and 2023 not available). Türkiye’s exports to Monaco consist mainly of rubber, plastics and other non-metallic products, textile products, metallurgic products, metals, wooden goods and paper products. Türkiye’s imports from Monaco consist mainly of transportation vehicles and electronic devices.

According to the commercial records of the Principality of Monaco, as of 2022, there are 21 Turkish citizens who are company owners or partners (business people/investors) in 10 different companies in Monaco. In addition, 9 of our citizens are individually included in commercial records.