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The warming of diplomatic relations between Israel and Turkey is already having an impact on economic ties between the two countries.
Even during the decade when the relationship was strained following the 2010 Mavi Marmara incident, economic relations sustained minimal damage and bilateral trade diminished only partially. For instance, Turkish exports to Israel stood at $2.3 billion in 2011, $2.6 billion in 2015 and $4.6 billion in 2020. Israeli exports to Turkey stood at $2 billion in 2011, $1.6 billion in 2015 and $1.5 billion in 2020.
