Turkish Trade Minister Omer Bolat announced that since October 7, trade between Turkey and Israel has decreased by 33 percent. "The government, state agencies, state companies have not done business with Israeli companies," the minister said.

Turkey has banned the export of 54 types of goods to Israel since April 9 until it immediately ceases fire in Gaza and is allowed to provide aid to the Palestinian enclave.

After Turkey banned the export of 54 types of products to Israel, Tel Aviv asked the US to stop investing in the Turkish economy. He also promised to "take parallel measures that will harm the Turkish economy."