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Turkey
Turkey is currently the United States' 39th largest trading partner in goods, exchanging $15 billion in 2008. The United States and Turkey cooperate in the economic area through a number of agreements, including a Trade and Investment Framework Agreement and a Bilateral Investment Treaty.
Exports
Turkey is the 27th largest export market for U.S. goods. The U.S. goods trade surplus with Turkey was $5.8 billion in 2008, an increase of $3.8 billion from $2.0 billion in 2007. U.S. goods exports in 2008 were $10.4 billion, up 58.4 percent from the previous year. Corresponding U.S. imports from Turkey were $4.6 billion, up 0.9 percent.
Imports
U.S. goods imports from Turkey were $4.7 billion in 2008.
Investment
The stock of U.S. foreign direct investment (FDI) in Turkey was $4.9 billion in 2007 (latest data available), up from $2.6 billion in 2006. U.S. FDI in Turkey is concentrated largely in the banking and manufacturing sectors.