Last year, Turkiye retained its position as the fifth largest partner of the EU, continuing the trend seen in 2023, and the bilateral trade volume reached €210.8 billion, a domestic media outlet reported.
The trade volume between Turkiye and the EU maintained a positive momentum in the past five years, with the figure increasing by 59 per cent over the period.
Last year, Turkiye retained its position as the fifth largest partner of the EU, continuing the trend seen in 2023, and the bilateral trade volume reached €210.8 billion.
Before the COVID-19 pandemic, that figure was around €138 billion.
Before the COVID-19 pandemic, the country’s trade volume with the EU was around €138 billion, but this dropped to nearly €132.6 billion in 2020.
In the following years, the trade volume witnessed a steady rise, reaching €157.13 billion in 2021, €198.4 billion in 2022 and close to €207.3 billion in 2023.
Fibre2Fashion News Desk (DS)