Türkiye's logistics and transportation sector continues to demonstrate significant growth and strategic importance to the national economy, according to the Ministry of Trade (MoT). The logistics and transportation sector in Türkiye, with a market size of USD 100 billion, comprises 2.5 percent of global logistics exports, ranking 11th worldwide. Türkiye holds approximately 40 percent of total service exports, amounting to USD 40 billion, and its share of service exports increases annually.
The MoT highlighted the acceleration of initiatives aimed at leveraging Türkiye's geographical advantages to enhance goods exports and foreign trade. Progress is evident in Türkiye's climb on the World Bank's Logistics Performance Index (LPI), moving from 47th place with 3.15 points in 2018 to 38th place with 3.4 points in 2023, with a targeted position of 25th by 2028 as outlined in the 12th Development Plan.
Investment in the sector remains robust, particularly with the backing of MoT's Overseas Logistics Distribution Networks (YLDA) Project, which aims to comprehensively strengthen overseas logistics networks as integral components of the supply chain. This project has recently seen significant developments, with approvals granted to six initiatives, including two based in America and four in Europe.
In 2023, the MoT allocated approximately TRY 395 million (USD 12.2 million) in financial support to the sector, facilitating participation in major international fairs and supporting various brands under both the "branding" and "Turquality" programs, with an aim to elevate the international stature of Türkiye's logistics services.
Moreover, the MoT introduced new support packages, marking a significant milestone for companies in this sector. These initiatives are part of a broader strategy to further expand the range of support in the coming years, with a focus on maintaining and enhancing strategic collaborations with industry stakeholders.