Türkiye-OTS trade rises 6.6% to top $10B in seven months

Yenişafak English AA
10:33, 31/08/2026, MondayU: Update: 10:34, 31/08/2026, Monday
AA
Türkiye-OTS trade rises 6.6% to top $10B in seven months
File photo

The Turkish Trade Ministry announced Monday that Türkiye's trade with fellow members of the Organization of Turkic States climbed 6.6% year-on-year to reach $10.1 billion during the first seven months of 2026, marking a nearly twentyfold increase since 2002 as Ankara prioritizes deeper integration with the Turkic world through the Middle Corridor.

Türkiye's trade with fellow members of the Organization of Turkic States climbed 6.6% year-on-year to reach $10.1 billion during the first seven months of 2026, according to figures released Monday by the Turkish Trade Ministry. The volume marks a nearly twentyfold increase since 2002, when trade with the bloc stood at just $871 million, rising to $16.9 billion by the end of 2025.

Kazakhstan remains top trading partner

Kazakhstan remained Ankara's largest trading partner among member states last year with bilateral exchanges totaling $7.8 billion, followed by Azerbaijan at $4.3 billion, Uzbekistan at $3.1 billion and Kyrgyzstan at $1.6 billion. Trade with observer nations — Turkmenistan, Hungary and the Turkish Republic of Northern Cyprus — expanded 6.8% throughout 2025 to hit $10 billion, with the January-July period this year recording a further 5.1% rise to $6.1 billion. Combined annualized trade with both full members and observer countries consequently reached $27.8 billion as of July.

Ankara eyes deeper integration via Middle Corridor

The OTS was established in 2009 and adopted its current name at the Istanbul Summit in 2021, with full membership comprising Türkiye, Azerbaijan, Kazakhstan, Uzbekistan and Kyrgyzstan while Turkmenistan, Hungary and the Turkish Republic of Northern Cyprus hold observer status. The ministry highlighted that the eastward shift in global production centers over the past quarter-century had elevated the strategic importance of the Turkic region within international logistics networks. "We will continue with determination to strengthen economic and commercial integration within the Organization of Turkic States, make the most effective use of the Middle Corridor’s strategic advantages and further reinforce the Turkic world’s position in global trade," the ministry said.

Comments
Avatar

Comments you share on our site are a valuable resource for other users. Please be respectful of different opinions and other users. Avoid using rude, aggressive, derogatory, or discriminatory language.

Page End
Turkey's Accumulation. International Media Group.

Welcome to the news source that sets Turkey's agenda! With its impartial, dynamic, and in-depth journalism, Yeni Şafak offers its readers an experience beyond current events. Get instant updates on what's happening in Turkey and worldwide, with news spanning a wide range from politics and economy to culture, arts, and sports. Access the most accurate information anytime, anywhere with its digital platforms; keep up with the agenda with Yeni Şafak!

Follow us on social media.
Download Mobile Apps

Carry the agenda in your pocket! With Yeni Şafak's mobile apps, get instant access to the latest news. A wide range of content, from politics to economy, sports to culture and arts, is at your fingertips! Easily download it on your iOS, Android, and Huawei devices to quickly access the most accurate information anytime, anywhere. Download now, don't miss out on developments around the world!

Categories
Albayrak Media

Maltepe Mah. Fetih Cad. No:6 34010 Zeytinburnu/İstanbul, Türkiyeiletisim@yenisafak.com+90 212 467 6515

LEGAL DISCLAIMER

The BIST name and logo are protected under a 'Protection Trademark Certificate' and cannot be used, quoted, or modified without permission. All information disclosed under the BIST name is fully copyrighted by BIST and may not be republished. Market data is provided by iDealdata Financial Technologies Inc. BIST stock data is delayed by 15 minutes.

© Net Medya, All right reserved. 2026