In 2021, the total volume of trade was approximately CHF 4.6 billion, making Turkey Switzerland's 24th most important trading partner. In 2020, Switzerland invested CHF 2.2 billion in Turkey, creating some 14,500 jobs and making Switzerland the country's 6th largest investor.
Turkey is a major tourist destination, with over 218,000 Swiss tourists visiting the country in 2021.
The instruments governing trade between Switzerland and Turkey include the Bilateral Investment Promotion and Protection Agreement of 3 March 1988 and the Agreement for the Avoidance of Double Taxation, which took effect on 1 January 2013.The 1991 Free Trade Agreement between the EFTA States and Turkey, as amended, entered into force on 1 October 2021.
Trade promotion, Switzerland Global Enterprise
SECO — Information on countries
FTA: Tax information with regard to Turkey