Large market just a 3-hour flight from Paris, Türkiye offers numerous opportunities for French businesses, as evidenced by the increasingly close economic ties between the two countries.

Trade in goods reached a record €23.4 billion in 2024, with French exports to Türkiye rising by 3.6% to €12.4 billion. France is Türkiye’s 6th largest supplier, and the diversity of goods exported by French companies reflects the variety of the Turkish industry: automotive, aerospace, capital goods, pharmaceuticals, agri-food, etc. These figures highlight the dynamism of domestic consumption and the increasing sophistication of Turkish industry, whose production ranks among the top in Europe in many sectors.

Despite facing the global economic slowdown like many other countries, the Turkish economy recorded a 3.2% growth rate in 2024 (following 5.1% in 2023). It was also affected over the past two years by a sharp rise in inflation, which peaked in May 2024 before beginning to decline after a return to orthodox economic policy in the second half of 2023.

Indeed, the Turkish economy has demonstrated remarkable resilience in recent years following several shocks that could have caused lasting instability. To understand the country’s ability to bounce back, one must look at its fundamentals: a population of 85 million, half of whom are under the age of 33; an export-oriented agri-food sector that ensures food self-sufficiency; a modern and diversified industrial base; a dynamic private sector driven by family-owned conglomerates; a solid banking system; a central geographic position between Asia and Europe; and strong commercial ties with the European Union, its main trading partner, with which it has maintained a customs union since 1996.

These assets represent real opportunities for French investors and exporters, who can benefit from a large, open, and dynamic market as well as a business culture that is similar to their own.