Brazil is Türkiye’s first strategic partner in South America and its biggest trade partner in the region. In addition to the Turkish Embassy in Brasilia, Türkiye has a Consulate General in Sao Paulo. Brazil has its Embassy in Ankara and Consulate General in Istanbul.

In the economic field, relations between Brazil and Turkey have also enjoyed a significant growth in the last decade. Between 2015 and 2022, bilateral trade increased from $1.9 billion to $4.9 billion. In 2022, Brazil had a surplus of $2.2 billion. Chronology of bilateral relations

Brazil is Turkey's largest trading partner in South America. The Empire of Brazil was the second state in the Americas (after the United States) to enter into treaty relations with the Ottoman Empire (predecessor of modern Turkey).

Apr 24, 2022 · Brazil is Turkiye's largest commercial partner in Latin America and that the two countries aim to increase the bilateral trade volume, the Turkish foreign minister said Sunday.

Sep 6, 2024 · Trade Minister Ömer Bolat underlined Brazil's significance as Türkiye's largest trade partner in Latin America and the Caribbean at a reception in Ankara on Thursday to celebrate Brazil's National Day.

Apr 25, 2022 · Turkiye and Brazil aimed for a trade volume of $10 billion, willing to make the bilateral trade much more balanced through diversification of goods, the Turkish foreign minister said on Monday.

Mar 24, 2022 · Minister Çavuşoğlu also reiterated Türkiye’s desire to sign a Free Trade Agreement with MERCOSUR and resume negotiations for that purpose. Minister França pledged Brazil’s support in facilitating the process.

Sep 6, 2024 · Türkiye sees Brazil as a gateway to South America and aims to further strengthen economic ties between the two countries, Trade Minister Ömer Bolat has said.

Mercosur and European Union apply different sets of common external tariffs extra regional trade partners. Specific preferential trade agreement between Mercosur and Turkey is required in order to eliminate or mitigate customs tariffs. Why invest in Brazil?

Turkey-Brazil Trade: In 2022, Turkey exported $1.15B to Brazil. The main products that Turkey exported to Brazil were Carbonates ($213M), Motor vehicles; parts and accessories (8701 to 8705) ($73.9M), and Raw Iron Bars ($43.9M).