Baltic countries are becoming a strategic base for Turkish exporters

Faced with the European Union's tightening protectionist policies and the Carbon Border Adjustment Mechanism, the Baltic countries consisting of Latvia, Lithuania, and Estonia are standing out as a strategic logistics and production base for Turkish exporters. While Turkey's trade volume with these countries is approaching the 2 billion dollar threshold, ambassadors called on investors to establish joint manufacturing and distribution centers.

While Turkey's total trade volume with Latvia, Lithuania, and Estonia is approaching the 2 billion dollar threshold, producers are strengthening their presence in many fields from automotive sub-industry to textiles, machinery and air conditioning, and ready-made food. Compared to the Scandinavian market, a 40-50 percent cost advantage and close-to-zero bureaucratic barriers offer opportunities for Turkish brands.

Turkey's Ambassador to Riga, Ahmet Cemil Miroğlu, stated that Latvia holds significant opportunities for the Turkish private sector with its strong digital infrastructure and average net labor costs in the 1400-1500 Euro band. Meanwhile, Ambassador to Vilnius Esra Topçu emphasized that trade volume with Lithuania reached 1.1 billion dollars last year and that the country's 2027 EU Presidency and free economic zones are a key threshold for Turkish producers.