Türkiye aims to raise trade with Austria to $6 billion: Minister

Türkiye aims to raise its trade volume with Austria to $6 billion after bilateral commerce reached a record $4.4 billion in 2025, Trade Minister Ömer Bolat has said.

Bolat attended delegation-level talks held during Austrian Chancellor Christian Stocker’s visit to Ankara on Aug. 10.

“Building on the positive momentum in bilateral trade, we said we wanted to reach a trade volume of $6 billion in a balanced and sustainable manner in the coming period,” Bolat wrote on NSosyal.

Mutual investments are also a central part of the economic partnership, he said. According to Bolat, 1,075 Austrian companies operate in Türkiye, while Austria’s direct investment stock in the country has reached $4.8 billion. Turkish investment in Austria stands at $1.8 billion.