Flagship report
Türkiye–Poland Economic Relations 2026: From $12.5 Billion to $15 Billion
Bilateral trade nearly doubled in five years to a record $12.5 billion in 2025. This report explains what drives it, what holds it back, and what companies and institutions can do to reach the $15 billion target.
For Turkish and Polish companies20 October 2026Version 1.1Sources checked until 20 October 2026
TURKPOL Flagship Analysis · October 2026
1. Key Takeaways
- Record trade. Türkiye–Poland goods trade reached $12.5 billion in 2025, up 5.7% on 2024 and almost double the 2020 level ($6.5 billion). The earlier $10 billion target was passed in 2023.
- More balanced. Polish exports to Türkiye are growing faster than Turkish exports to Poland (+8.2% vs +3.5% in 2025). Türkiye's surplus has shrunk from $1.1 billion (2022) to $0.45 billion (2025).
- Automotive is the backbone. Vehicles and parts make up about 31% of total trade in both directions. Both countries are part of the same European car supply chain.
- Investment lags behind trade. Direct investment in each direction is still below $200 million, though more than 2,000 Turkish-capital companies operate in Poland. Turkish contractors have delivered 72 projects worth about $10.1 billion in Poland.
- $15 billion is reachable by 2027–2028. That needs around 8–11% annual growth, compared with 5.7% in 2025. Growth will have to come from new sectors (defence, energy, infrastructure, food, IT), not only from cars.
- Strategic momentum. The leaders set the $15 billion target in March 2025, a security cooperation agreement followed in December 2025, and a bilateral investment and business forum is planned in Türkiye for autumn 2026.
2. At a Glance
| Indicator | Value | Year |
|---|---|---|
| Total goods trade | $12.51 bn | 2025 |
| Turkish exports to Poland | $6.48 bn | 2025 |
| Turkish imports from Poland | $6.03 bn | 2025 |
| Türkiye's trade balance | +$0.45 bn | 2025 |
| Average annual trade growth | 14.1% | 2020–2025 |
| Bilateral trade target | $15 bn | set March 2025 |
| Turkish-capital companies in Poland | 2,000+ | 2024 |
| Polish-capital companies in Türkiye | 196 | 2024 |
| Turkish contractor projects in Poland | 72 projects, ≈$10.1 bn | cumulative to 2026 |
| Türkiye's share of Polish organised holidays | 32.5% (rank #1) | 2025 |
3. Context: Why This Relationship Matters Now
Poland and Türkiye are two of the largest and fastest-growing industrial economies on the EU's eastern and south-eastern edges. Poland has about 37 million people and Türkiye about 85 million. Both are NATO members, both are export-driven manufacturing hubs, and they are linked through the EU–Türkiye Customs Union, which removes tariffs on industrial goods.
Three developments since 2022 have raised the relationship's importance:
- Near-shoring. European manufacturers have moved supply chains closer to home, and both countries have gained.
- Security. Russia's war against Ukraine has put Poland and Türkiye at the centre of NATO's eastern and Black Sea flanks.
- Infrastructure and energy. Poland's large investment programmes in rail, roads, energy and the new airport are open to Turkish contractors and energy companies.
The political framework is now in place: a strategic partnership since 2009, a $15 billion trade target set by President Erdoğan and Prime Minister Tusk in March 2025, and a security cooperation agreement signed in Ankara in December 2025.
4. Trade Trends 2016–2025
Trade has grown every year since 2020. It almost doubled from $6.5 billion to $12.5 billion, an average of 14% per year.
| Year | TR exports to PL ($m) | TR imports from PL ($m) | Total ($m) | TR balance ($m) |
|---|---|---|---|---|
| 2016 | 2,753 | 3,369 | 6,122 | −616 |
| 2018 | 3,488 | 3,230 | 6,718 | +258 |
| 2020 | 3,475 | 3,005 | 6,480 | +470 |
| 2021 | 4,674 | 3,636 | 8,310 | +1,038 |
| 2022 | 5,417 | 4,294 | 9,711 | +1,123 |
| 2023 | 5,955 | 5,074 | 11,029 | +881 |
| 2024 | 6,262 | 5,575 | 11,837 | +687 |
| 2025 | 6,480 | 6,030 | 12,510 | +450 |
Source: TÜİK data published by TİM (Aug 2026). Full series in data/trade_2016_2025.csv.
This analysis is for information purposes only and does not constitute investment or legal advice.
