The Hungarian Export Promotion Agency, HEPA Türkiye, continues to contribute to the development of value-added, innovation-driven economic relations between Türkiye and Hungary.

Economic and commercial ties between the two countries are gaining new momentum through high value-added products and strategic partnerships.

Strategic Cooperation in Aviation: Simnest and AFA 

As Türkiye approaches the tenth anniversary of its establishment, HEPA Türkiye takes pride in having facilitated hundreds of companies in strengthening bilateral trade, which grew from USD 2 billion in 2016 to over USD 5 billion by the end of 2025. Within this framework, Simnest, one of the companies advised by HEPA Türkiye, achieved a milestone by signing a significant partnership with AFA (Atlantic Flight Academy), a company operating in the aviation sector, focusing on high value-added products. This success serves as a strong example of Türkiye–Hungary commercial relations and demonstrates that bilateral cooperation is deepening beyond trade, extending into technology- and production-based partnerships.

Innovative Partnership in Agriculture and Food Technologies: Simecs and Caadex 

Turkish company Simecs significantly expanded its international presence by becoming the distributor of Hungary-based Caadex across a region covering eight countries, including Türkiye. What makes this partnership particularly distinctive is the development of an innovative and proprietary product jointly created by Caadex and Simecs. Designed to prevent losses in honey production, this innovative solution contributes to sustainable production in agriculture and food technologies while powerfully showcasing the R&D and innovation capacity of the Turkish–Hungarian partnership.

Targeting a Trade Volume of USD 10 Billion 

These commercial and technological achievements align closely with the macro-level goals of both countries. According to official statements released to the public in early December, discussions were held on increasing the bilateral trade volume target from the previously set USD 6 billion to USD 10 billion, taking into account the strong potential between the two nations. This vision once again confirms the strategic importance of private-sector collaborations. HEPA Türkiye will continue to support all initiatives that strengthen economic relations between Türkiye and Hungary, with a focus on innovation, high value-added production, and sustainable growth.