IS EVERYTHING FINE BETWEEN TURKEY AND JAPAN?

The relations between Turkey and Japan have been going well for many years now. There has been consistency and a sense of mutual respect between both nations. Moreover, the frequent diplomatic visits have strengthened the mutual bond between the two countries considerably. This fruitful relationship between Turkey and Japan completed 120 years in the year 2010.

The major event happened in the year 2013, when the Former Prime Minister of Japan named Shinzo Abe visited Turkey, and on this occasion, a Joint declaration was signed between both countries to further strengthen the strategic partnership between the two nations.

Now let’s focus on the bilateral trade relationship between the two nations that will help us understand which nation is more active between the two. We are going to mention the trade trends of the last 5 years to make the study of Turkey Trade Data and Japan’s Trade Data a lot easier.

TURKEY AND JAPAN BILATERAL TRADE ANALYSIS (2018-2022)
YEAR
2018
2019
2020
2021
2022

From the statistics mentioned above, it is clear that the bilateral trade between Turkey and Japan has grown by almost 15.5% in the last five years.

TOP IMPORTS OF TURKEY FROM JAPAN IN THE YEAR 2022

As per Turkey Import Data for the year 2022, the total imports made by Turkey from Japan were USD 4.64 billion. This means that the nation imported a variety of items from Japan. Amongst all, the major imports of Turkey were: