Commercial and Economic Relations between Türkiye and Switzerland

The bilateral trade volume between Türkiye and Switzerland stood at 16 billion 670 million USD in 2022. In 2023, bilateral trade volume reached 22 billion 224 million Dollars (Turkish exports: 2 billion 32 million USD, imports: 19 billion 902 million USD).

Around 1.000 Swiss companies are operating in Türkiye in various fields.

Main Turkish exports to Switzerland are gold, automobile, petroleum oils and oils obtained from bituminous minerals, crunchy fruits (fresh/dried), medicines. Main imports from Switzerland are gold, chemical industry products (medicine, vaccine, serum), watches, fiber and yarn manufacturing machines, mixture of odorizing chemicals used as raw material in industry, orthopedic devices, devices for fractures, hearing aids.

Total amount of direct investments from Switzerland to Türkiye in the period of 2005-2023 was 4 billion 495 million USD, while the figure is 1 billion 453 million USD for investments from Türkiye to Switzerland in the same period.

390.044 Swiss tourists visited Türkiye in 2023.