Update: Turkey stopped all trade with Israel as of Thursday, according to two Turkish officials familiar with the matter, adding to already high-running tensions between the once-close allies over the war in Gaza.
The move expands last month’s restriction on some Turkish exports to Israel, as President Recep Tayyip Erdogan steps up criticism of the Jewish state and tries to consolidate support among conservative voters at home.
Trade between the two countries was worth $6.8 billion in 2023, of which 76% was Turkish exports, according to the Turkish statistical institute.
The Israeli government will work to create immediate alternatives for trade with Turkey by increasing local manufacturing and finding other suppliers, he said. Turkey’s biggest export to Israel in 2023 was iron and steel. Its biggest import was refined oil products, according to the Turkish statistical institute.
Budget-Entertainer35 on
Ok…Turkey export trade to Israel is about 7 billion USD each year. Israel to Turkey only about 2 billion. Turkey imports mostly Petroleum which is a necessity. Israel imports mostly Humus…. Well done Turkey I hope the injured foot recovers quickly.
Cergun_ on
This is HUGE if true. We’re talking billions of dollars in trade here.
mvario on
Erdogan? Netanyahu? LetThemFight.gif
tchomptchomp on
This is entirely a response to the fact Erdogan’s party lost many of their mayoral elections and needs to suck up to his own rightwing islamist voters.
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TrueLecter on
Great shot on your foot! Bravo, Turkey!
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Slimfictiv on
As if Turkey’s economy wasn’t already in the shitter…
yoavzman on
Yeah right, I’ve heard it already and still I’m gonna go buy groceries in a week and the olive oil will be from Turkey
etzel1200 on
They’ll do Russia now, too, right?
Achanos on
Its time Israel stops playing this perverted game with Turkey. Turkey wants to be pander to the Arab countries thats completely within their rights. Israel should stop simping for its attention.
We can start with a long overdue recognition of the Armenian holocaust. Then the Kurdish genocide.
DoNotTestMeBii on
People don’t understand what free trade is. This is not hurting Israel but only hurting Turkey.
bobissonbobby on
Erdogan is an idiot what else is new! Wahh Israelis bad let’s shoot ourselves in the foot to draw an arbitrary line in the sand
AnthonyGSXR on
Didn’t something like this happen between Qatar and UAE?
StillWritingeh on
**Turkey is a Russian pawn** this is common knowledge
Nabanako on
Turkey leader forgot his meds again
spotspam on
IF Erdogan leaves a time bomb for Turkeys economy he can run next time as “restoring our economy”
Askcomro on
Never bite the hand that feeds you.
nerevar__reborn on
If Israel had decent politicians, it would announce the creation of the EastMed natural gas pipeline. It was supposed to be a shared gas pipeline going from Israel (potentially Egypt as well), Cyprus and Greece, going all the way to Italy. The Americans shut it down because Erdogan was against it, as it would circumvent Turkey.
NovaKaiserin on
The dominos begin to fall.
law_dweeb on
Glad they can take the focus off of Israel and get back to what’s really important: genociding Kurds, denying their genocide of Armenians, colonizing Cyprus, and nationalist shitposting on social media.
nolongerbanned99 on
Turkey is a dictatorship and not a friend of works peace
thatnitai on
Their tomatoes actually taste the worst so I’m okay with that for now
miamigrandprix on
Meanwhile trade with Russia is at record levels
Bast-beast on
Inflation in turkey is already 60% a year lol. Good luck
Konnorgogowin on
I’m saying that it is and might be even a bigger problem that Turkey is in NATO and honestly they should have never been admitted.
Ataturk’s vision of secular Turkey – sure.
But the reality is that we have a country in NATO who has basically abandoned all of that direction and is becoming into an islamist country – who is regularly threatening its fellow NATO member Greece…
…who is today hosting internationally recognized terrorist organization Hamas in its soil and especially in the light of recent events.
Hosting a terrorist organisation.
A NATO country.
ProfessorMonopoly on
Turkey probably has one of if not the most moronic leaders. Hahahahaha. Dude has single handedly destroyed the Lira over 20 years. He’s a parasite
Brunox28mm on
I guess it took 30000+ people dying in this conflict, but better late than never right?
tianavitoli on
I’m surprised Turks willingingly had anything to do with Israel at all honestly
31 Comments
*From Bloomberg News reporter Firat Kozok:*
Update: Turkey stopped all trade with Israel as of Thursday, according to two Turkish officials familiar with the matter, adding to already high-running tensions between the once-close allies over the war in Gaza.
The move expands last month’s restriction on some Turkish exports to Israel, as President Recep Tayyip Erdogan steps up criticism of the Jewish state and tries to consolidate support among conservative voters at home.
Trade between the two countries was worth $6.8 billion in 2023, of which 76% was Turkish exports, according to the Turkish statistical institute.
The Israeli government will work to create immediate alternatives for trade with Turkey by increasing local manufacturing and finding other suppliers, he said. Turkey’s biggest export to Israel in 2023 was iron and steel. Its biggest import was refined oil products, according to the Turkish statistical institute.
Ok…Turkey export trade to Israel is about 7 billion USD each year. Israel to Turkey only about 2 billion. Turkey imports mostly Petroleum which is a necessity. Israel imports mostly Humus…. Well done Turkey I hope the injured foot recovers quickly.
This is HUGE if true. We’re talking billions of dollars in trade here.
Erdogan? Netanyahu? LetThemFight.gif
This is entirely a response to the fact Erdogan’s party lost many of their mayoral elections and needs to suck up to his own rightwing islamist voters.
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Great shot on your foot! Bravo, Turkey!
[removed]
As if Turkey’s economy wasn’t already in the shitter…
Yeah right, I’ve heard it already and still I’m gonna go buy groceries in a week and the olive oil will be from Turkey
They’ll do Russia now, too, right?
Its time Israel stops playing this perverted game with Turkey. Turkey wants to be pander to the Arab countries thats completely within their rights. Israel should stop simping for its attention.
We can start with a long overdue recognition of the Armenian holocaust. Then the Kurdish genocide.
People don’t understand what free trade is. This is not hurting Israel but only hurting Turkey.
Erdogan is an idiot what else is new! Wahh Israelis bad let’s shoot ourselves in the foot to draw an arbitrary line in the sand
Didn’t something like this happen between Qatar and UAE?
**Turkey is a Russian pawn** this is common knowledge
Turkey leader forgot his meds again
IF Erdogan leaves a time bomb for Turkeys economy he can run next time as “restoring our economy”
Never bite the hand that feeds you.
If Israel had decent politicians, it would announce the creation of the EastMed natural gas pipeline. It was supposed to be a shared gas pipeline going from Israel (potentially Egypt as well), Cyprus and Greece, going all the way to Italy. The Americans shut it down because Erdogan was against it, as it would circumvent Turkey.
The dominos begin to fall.
Glad they can take the focus off of Israel and get back to what’s really important: genociding Kurds, denying their genocide of Armenians, colonizing Cyprus, and nationalist shitposting on social media.
Turkey is a dictatorship and not a friend of works peace
Their tomatoes actually taste the worst so I’m okay with that for now
Meanwhile trade with Russia is at record levels
Inflation in turkey is already 60% a year lol. Good luck
I’m saying that it is and might be even a bigger problem that Turkey is in NATO and honestly they should have never been admitted.
Ataturk’s vision of secular Turkey – sure.
But the reality is that we have a country in NATO who has basically abandoned all of that direction and is becoming into an islamist country – who is regularly threatening its fellow NATO member Greece…
…who is today hosting internationally recognized terrorist organization Hamas in its soil and especially in the light of recent events.
Hosting a terrorist organisation.
A NATO country.
Turkey probably has one of if not the most moronic leaders. Hahahahaha. Dude has single handedly destroyed the Lira over 20 years. He’s a parasite
I guess it took 30000+ people dying in this conflict, but better late than never right?
I’m surprised Turks willingingly had anything to do with Israel at all honestly