Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Turkish Exports to Israel Plunge by 99% Amid Humanitarian Standoff

Daniel Kim Views  

Exports from Türkiye to Israel have all but ceased since the Turkish government under President Recep Tayyip Erdogan halted trade until the Gaza Strip received sufficient humanitarian aid last May.

According to preliminary data from Türkiye’s leading exporter’s association on the 3rd, shipments to Israel fell by 99% on an annual basis, recording $4.4 million.

The official statistical service, Turkish Statistical Institute, is expected to announce last month’s total trade data, including imports, at the end of June.

Data showed Türkiye’s exports to Israel fell by 40% compared to the same period last year until May.

According to the Israeli Ministry of Economy, last year’s total trade volume was $6.8 billion.

Turkish Trade Ministry announced that trade ties would be paused until Israel allows “uninterrupted and sufficient flow” of humanitarian aid to Gaza, where it has been at war with Hamas militants since last October.

Türkiye and Israel had been normalizing relations after a decade of tension before the war began.

Erdogan intensified his criticism of Israel after his ruling party suffered a nationwide defeat in local elections last March.

This defeat was partly blamed on the government’s indifferent response to Israel’s military operations in the Gaza Strip.

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • U.S. Election Jitters? Standard Chartered Diversifies to Ride the Wave
  • Ford: We’ll Launch A $30,000 Electric Vehicle in 2027
  • Nvidia Backs Lambda Labs in Massive $800 Million Capital Boost
  • France Takes Aim at Nvidia: Big Tech Battle Heats Up
  • China Plans to End Discrimination Against Foreign Companies
  • Hyundai's Hydrogen Rises: Nexo Leads the Charge with 40,000 Global Sales!

Weekly Best Articles

  • U.S. Voters Questions Biden’s Fitness For Presidency
  • U.S. Election Jitters? Standard Chartered Diversifies to Ride the Wave
  • From Debate to Desperation: Biden’s Struggle in the Spotlight
  • China’s Appetite Shakes Up Global Fruit Prices: How China’s Love for Durians Is Reshaping Trade
  • Ford: We’ll Launch A $30,000 Electric Vehicle in 2027
  • Why Everyone in China is Obsessed with Petting Sheep Butts
  • Manchester United Unveils New Jerseys with Snapdragon Logo
  • Nvidia Backs Lambda Labs in Massive $800 Million Capital Boost
  • China Hits Back at U.S. Over Uyghur Oppression Claims: Who’s Right?
  • Trump or Biden? South Korea’s Strategic Dilemma Deepens
  • Chinese Rocket Crash Sparks Fire: What Went Wrong?
  • France Takes Aim at Nvidia: Big Tech Battle Heats Up

You May Also Like

  • 1
    North Korea's Missile Test Fails Partially, One Explodes Near Pyongyang

    ASIA 

  • 2
    North Korea Cries Foul Over U.S.-Japan-South Korea Military Cooperation

    WORLD 

  • 3
    Track Star Wu Yanni Proves That She Has More Than a Pretty Face

    SPORTS 

  • 4
    New Evidence Unveils North Korea-Russia Military Deals

    ASIA 

  • 5
    Riding High: North Korea Promotes Horseback Riding as a Path to Public Health

    ASIA 

Popular Now

  • 1
    Is North Korea’s Latest Missile Test a Direct Challenge to U.S.-South Korea-Japan Alliance?

    ASIA 

  • 2
    Will Yoon Be Impeached? 800,000 South Koreans Think So

    ASIA 

  • 3
    NCT Wish Unveils 'Songbird': A Tale of Love, Luck, and Hope!

    ENTERTAINMENT 

  • 4
    Best Countries in the World Ranking: #3 Sweden, #2 Canada, and #1 Goes to...

    WORLD 

  • 5
    America's Demographic Overhaul: Hispanics Leading the Charge

    LATEST 

Weekly Best Articles

  • U.S. Voters Questions Biden’s Fitness For Presidency
  • U.S. Election Jitters? Standard Chartered Diversifies to Ride the Wave
  • From Debate to Desperation: Biden’s Struggle in the Spotlight
  • China’s Appetite Shakes Up Global Fruit Prices: How China’s Love for Durians Is Reshaping Trade
  • Ford: We’ll Launch A $30,000 Electric Vehicle in 2027
  • Why Everyone in China is Obsessed with Petting Sheep Butts
  • Manchester United Unveils New Jerseys with Snapdragon Logo
  • Nvidia Backs Lambda Labs in Massive $800 Million Capital Boost
  • China Hits Back at U.S. Over Uyghur Oppression Claims: Who’s Right?
  • Trump or Biden? South Korea’s Strategic Dilemma Deepens
  • Chinese Rocket Crash Sparks Fire: What Went Wrong?
  • France Takes Aim at Nvidia: Big Tech Battle Heats Up

Must-Reads

  • 1
    North Korea's Missile Test Fails Partially, One Explodes Near Pyongyang

    ASIA 

  • 2
    North Korea Cries Foul Over U.S.-Japan-South Korea Military Cooperation

    WORLD 

  • 3
    Track Star Wu Yanni Proves That She Has More Than a Pretty Face

    SPORTS 

  • 4
    New Evidence Unveils North Korea-Russia Military Deals

    ASIA 

  • 5
    Riding High: North Korea Promotes Horseback Riding as a Path to Public Health

    ASIA 

Popular Now

  • 1
    Is North Korea’s Latest Missile Test a Direct Challenge to U.S.-South Korea-Japan Alliance?

    ASIA 

  • 2
    Will Yoon Be Impeached? 800,000 South Koreans Think So

    ASIA 

  • 3
    NCT Wish Unveils 'Songbird': A Tale of Love, Luck, and Hope!

    ENTERTAINMENT 

  • 4
    Best Countries in the World Ranking: #3 Sweden, #2 Canada, and #1 Goes to...

    WORLD 

  • 5
    America's Demographic Overhaul: Hispanics Leading the Charge

    LATEST 

Share it on...