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Date: 20/05/2025

Turkish imports face threat

The ongoing social media call to Boycott Turkey has impacted businesses significantly. Not only has there been a rising rate of travel cancellations, but there is also outrage against the use of imported goods from Turkey, including apples and marbles. The Boycott Turkey call comes after Turkey and Azerbaijan openly expressed support for Pakistan during Operation Sindoor, which was carried out in response to the Pahalgam attack on civilians. India has a trade surplus with Turkey as it exports more than it imports. During April-February 2024-25, India’s exports to Turkey reached $5.2 billion, compared to $6.65 billion in 2023-24. This represents approximately 1.5% of India’s total exports, valued at $437 billion. For the same period, India’s imports from Turkey amounted to $2.84 billion, down from $3.78 billion in 2023-24. This constitutes roughly 0.5% of India’s total imports of $720 billion, as per a report.
 
Source: Exim News Service: New Delhi, May 19



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