Business · Trade · 2 hrs ago
Turkey’s trade with OIC countries reached $119.1 billion in 2025
At a meeting of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation, Turkey’s Trade Minister Ömer Bolat said trade with OIC countries reached $119.1 billion in 2025.
The committee brings together OIC member countries to discuss economic and trade cooperation.
Bolat said Turkey wants to make export finance a stronger part of trade policy, because access to funding can help businesses compete and reach more markets.
Turkey’s official export credit agency, Türk Eximbank, provided $54.24 billion in loans, insurance and guarantees in 2025.
Small and medium-sized businesses made up 83.4% of the 18,429 exporters served by the bank that year.
Bolat said Turkey is focusing export support on 21 OIC countries and wants to improve financing and reduce barriers to trade.
He also said Turkey will continue work to apply and expand the OIC preferential trade system, with better access to finance expected to help small businesses enter new markets.
Turkey’s trade with countries in the Organisation of Islamic Cooperation reached $119.1 billion in 2025, Trade Minister Ömer Bolat said.
Bolat made the announcement at a session of the 42nd COMCEC Ministerial Meeting.
He said Turkey gives special importance to developing trade with OIC member countries.
Turkey is focusing export support and commercial activity on 21 target countries.
Bolat said improved financing, easier market access and fewer trade barriers could help trade reach its potential.
- Who
- Turkey and countries in the Organisation of Islamic Cooperation.
- What
- Trade between them reached $119.1 billion.
- When
- 2025.
- Where
- Between Turkey and OIC member countries.
- Why
- Bolat said Turkey gives special importance to developing trade with OIC members. The reason for the 2025 trade total is not stated.
This story does not have two clearly opposing sides.
The OIC Trade Preferential System began to be implemented.
Turkey’s trade with OIC countries reached $119.1 billion, Bolat said.
Bolat spoke at a session of the 42nd COMCEC Ministerial Meeting, according to Milliyet’s publication date.
- Trade with OIC countries
- $119.1 billion in 2025
- Export support focus
- 21 target countries
- Speaker
- Ömer Bolat, Turkey’s trade minister
- Meeting
- 42nd COMCEC Ministerial Meeting
What people are saying
Our trade volume with OIC countries reached $119.1 billion in 2025.
We give special importance to developing our trade with member countries of the Organisation of Islamic Cooperation.
We should address the development of financing opportunities together with facilitating market access and reducing barriers to trade.