- Trade between the two countries was worth $6.8 billion in 2023
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.
Ankara hasn’t formally announced the suspension and it wasn’t clear under what conditions trade would resume. Trade between the countries was worth $6.8 billion in 2023, of which 76% was Turkish exports, according to the Turkish statistical institute.
The move came a day after Turkey announced plans to join South Africa’s case at the United Nations’ highest court as a plaintiff accusing Israel of committing genocide in the Palestinian territory.
Erdogan hosted Hamas’s political leader in Istanbul on April 20, calling for immediate aid to Gaza.
Hopefully this means a pivot to the Global South and away from the West, which is a trend we’ve been seeing for Turkey on occasion. Though I doubt that’ll happen with Erdogan in power.
Yeah, they should just do business with China. Brilliant.