Commercial and Economic Relations between Türkiye and Portugal

The bilateral trade volume between Türkiye and Portugal stood at 2,8 billion USD in 2023.

As of December 2022, there are 69 Portuguese companies operating in Türkiye in various fields.

The number of Portuguese companies operating in Türkiye has increased in recent years. Currently, there are companies with Portuguese capital operating in Türkiye in various sectors such as information technologies and telecommunications, electronics, business machines, machinery and equipment, ceramics, ready-made clothing and footwear, shopping mall management, paper and forestry products, engineering and consultancy, renewable energy, waste storage, decoration, painting.

It is observed that the interest of our country's companies in Portugal has also increased in recent years. We have companies operating in Portugal in port management, mining, tourism and hotel management, real estate, maritime transportation, white goods, pharmaceuticals, jewelry and agro-food sectors.

Main Turkish exports to Portugal are motor land vehicles, cotton yarn, iron and non-alloyed steel, refrigerators and deep freezers. Main imports from Portugal are paper and paperboard, chemical wood pulp, soda or sulfate, radiobroadcast receivers, parts and accessories for motor vehicles, boards, panels, consoles, etc. with electrical apparatus for electric control or distribution of electricity.

In 2023, 92,901 Portuguese tourists visited to Türkiye.