Forecast: Share of Travel Services in Commercial Service Imports in Turkiye

The share of travel services in commercial service imports in Turkiye has shown a declining trend in the historical data, falling from 19.6% in 2013 to a low of 4.54% in 2020, followed by a partial recovery to 10.3% in 2022. The forecasted data from 2023 onward suggests a stabilization around 9.64%. The year-on-year variation for the last two years (2022-2023) indicates a decrease from 10.3% to 9.65%. The forecast over the next five years shows a slight negative CAGR of -0.01%, reflecting a minimal decrease.

Future trends to watch include the impact of global travel recovery post-pandemic, geopolitical stability, and economic policies affecting travel and tourism sectors. Monitoring these factors will be key to understanding potential shifts in Turkiye's commercial service imports landscape.

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