Turkey Climbs to 5th Largest EU Trade Partner: €52.8 Billion in Q2 Growth

Turkey has ascended to the fifth spot among the European Union’s top importers and exporters in the second quarter of 2026.

Turkey’s Q2 2026 Trade Milestone

■The EU’s overall imports in Q2 2026 were €701.8 bn, with exports at €680 bn.

■Turkey’s imports from the EU amounted to €25.5 bn, securing the fifth position.

■Exports to the EU from Turkey reached €27.3 bn, also placing it fifth.

■Total bilateral trade volume hit €52.8 bn.

Turkey’s Strategic Role in EU Trade

■EU imports grew %11.7 YoY, while exports rose %4.5.

■China remains the EU’s largest import partner at €153.6 bn (%21.9 share), yet Turkey’s share of €25.5 bn shows significant momentum.

■The United States, United Kingdom, Switzerland, and China are the top export destinations; Turkey follows with €27.3 bn in exports.

Quantitative Snapshot of Turkey‑EU Trade

■Imports: €25.5 bn (excluding duties, logistics, etc.).

■Exports: €27.3 bn (including tariffs, trade incentives).

■Volume growth: €52.8 bn bilateral trade, a 3.2% increase over 2025.

Signals for Investors

■Growing dependence on EU markets coupled with a mild surplus (exports > imports) indicates potential upside for export‑oriented sectors.

■Tariff advantages and streamlined customs processes in the EU could benefit Turkish exporters.

■Volatility in the EUR/TL pair may influence short‑term investment decisions.

Markets may interpret this development as a stable expansion of Turkey’s trade ties with the EU, suggesting rising profitability for export‑focused firms. This outlook could support growth strategies in automotive, textile, and electronics sectors.