From Wikipedia:
Economic relations
In 1996, Turkey and Israel signed a free-trade agreement. In 1997, a double-taxation prevention treaty went into effect. A bilateral investment treaty was signed in 1998.[114]
Israeli-Turkish trade rose 26% to $2 billion in first half of 2011 from $1.59 billion in the first half of 2010. According to the Israeli Chamber of Commerce, Israeli exports to Turkey rose 39% to $950 million, and imports from Turkey rose 16% to $1.05 billion.[115] Turkey is Israel’s sixth-largest export destination. Chemicals and oil distillates are the primary exports.[116] Turkey purchases high-tech defense equipment from Israel, whereas Turkey supplies Israel with military boots and uniforms.[117] Israeli import of Turkish vegetable products has remained steady since 2007, and imports of prepared foodstuffs, beverages and tobacco doubled from 2007 to 2011.[114]
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