Türkiye-US Trade Volume Projected to Reach $50 Billion by 2028
Turkey's trade minister said about 2,300 American firms have driven nearly $60 billion in historic investment as both countries work toward a $100 billion bilateral trade target.
Trade volume between Türkiye and the United States is projected to reach $50 billion by 2028, according to Turkey's trade minister, cited in a report from Anadolu Agency.
The minister said approximately 2,300 American firms have driven nearly $60 billion in historic investment into Türkiye, underscoring the scale of existing economic ties between the two countries.
The report notes that talks are currently underway aimed at lifting recent tariffs affecting bilateral trade, alongside a broader effort by both governments to work toward a longer-term target of $100 billion in bilateral trade.
Anadolu Agency's report does not specify a timeline for the tariff negotiations or detail which sectors are most affected by the current tariff measures.
The comments come amid continued economic engagement between Ankara and Washington, with officials from both countries periodically highlighting investment and trade figures as markers of the relationship's trajectory.
Sources
- Türkiye-US trade volume projected to reach $50B by 2028 — Anadolu Agency (Turkey)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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