Trade Ministry

A recent report by the Trade Ministry reveals that 40 percent of the surveyed internet users are influenced by online advertisements while purchasing goods or services in Türkiye.

The data for 2023 on the fight against smuggling at border gates and ports have been announced. The total value of smuggled tobacco, cigarettes, tobacco products and alcoholic beverages seized last year amounted to 1.2 billion Turkish Liras resulting in a tax loss of approximately 800 million liras.

Some 600 cars imported from China are stuck at Turkish customs as new regulations regarding electric vehicles came into force at the end of last year.

Türkiye's foreign trade in Turkish Lira reached 821.6 billion liras ($27.5 billion) in 2023, rising from 398 billion liras in 2022, the data from the Trade Ministry have shown.

The country's exports climbed to a record $255.8 billion last year, marking a 0.6 percent increase from 2022.

A pivotal regulation, effective since Jan. 1, 2024, now mandates the visible display of price lists at the entrances and tables of restaurants, cafes, and bakeries. The Trade Ministry's regulation, prompted by a surge in complaints about undisclosed charges on bills, aims to ensure consumer protection and foster transparent pricing.

The Trade Ministry has introduced a new regulation requiring restaurants, cafes and patisseries to prominently display price lists both at their entrance doors and on tables starting from the beginning of the new year.

Representatives from the auto industry have voiced concerns over new regulations on EV imports, stating that cars may sit idle at customs for months before entering the Turkish market.

Trade Minister Ömer Bolat spoke with U.S. Secretary of Commerce Gina M. Raimondo to discuss bilateral and commercial ties.

In a phone call on Dec. 9, Raimondo congratulated Bolat on his appointment and affirmed the department's support for increased U.S.-Türkiye commercial engagement, according to the statement from the U.S. Department of Commerce.

Türkiye's export revenues amounted to $232.9 billion in the January-November period, rising 0.7 percent from a year ago, the data from the Trade Ministry have shown. 

The 12-month rolling exports of the country hit $252.5 billion. 

Türkiye's exports amounted to $22.9 billion in October, rising 7.4 percent from the same month of last year, data from the Trade Ministry have shown.

Twelve-month rolling exports hit $254.8 billion last month, surpassing the record $254.2 billion of exports at the end of 2022, Trade Minister Ömer Bolat said.