DEIK - Foreign Economic Relations Board
DEIK (Dış Ekonomik İlişkiler Kurulu) is a 1985-founded Turkish non-profit business association that operates 153 bilateral Business Councils connecting Turkish private-sector firms with foreign counterparts through trade missions, business forums, and the annual Outbound Investment Index.
- Company typePrivate
- Founded1985
- HeadquartersPendik
- Headcount51–100
- GTM typeB2B
- OfferingServices
What DEIK - Foreign Economic Relations Board does
DEIK (Dış Ekonomik İlişkiler Kurulu / Foreign Economic Relations Board) is a Turkish non-profit business association founded in 1985, headquartered in Istanbul (with the legal entity registered in Pendik). It functions as Turkey's principal commercial diplomacy platform, organizing bilateral business councils, trade missions, business forums, and matchmaking services that connect Turkish private-sector companies with foreign counterparts. The organization is built around 153 Business Councils organized by country and sector, supported by 92 founding organizations and corporate members and voluntary firm memberships, and has facilitated 17,922 events, 1,002 outbound visits, and 93 country visits alongside the President of Turkey.
DEIK does not develop proprietary technology products; instead, its "platform" is a human-mediated coordination and convening service, augmented by content publications such as the Business Diplomacy magazine (Turkey's first international commercial diplomacy journal), the annual Yurt Dışı Yatırım Endeksi (Outbound Investment Index) produced with Bain & Company and Deloitte Turkey, and the Yurt Dışı Yatırım Forumu (Outbound Investment Forum) co-organized with the Islamic Development Bank, Norton Rose Fulbright, and FDI Center. Recent programmatic additions include the STRIDE Project for commercial diplomacy capability building, the DEIK Yeşil Dönüşüm (Green Transformation) initiative aligned with the European Green Deal, and the DEIK Women's Platform (Kadın Platformu).
The business model is non-profit and membership-based: DEIK generates revenue through subscription-style recurring membership contributions from its 92 founding/corporate members and voluntary firm memberships, supplemented by event-driven and partnership-related income streams. The Chairman of both the Board of Directors and Executive Board is Nail Olpak, who also serves on the boards of TURK EXIMBANK and TURKCELL. DEIK positions itself as a quasi-public-private institution: it is privately organized but operates with an official mandate to organize presidential trade missions, creating a structural distribution advantage over commercial intermediaries in Turkish outbound trade and investment promotion.
DEIK - Foreign Economic Relations Board firmographics
Firmographics- Name
- DEIK - Foreign Economic Relations Board
- Legal name
- Dış Ekonomik İlişkiler Kurulu
- Website
- https://deik.org.tr
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- DEIK (Dış Ekonomik İlişkiler Kurulu) is a 1985-founded Turkish non-profit business association that operates 153 bilateral Business Councils connecting Turkish private-sector firms with foreign counterparts through trade missions, business forums, and the annual Outbound Investment Index.
- Ownership category
- akta.pro rank
Where DEIK - Foreign Economic Relations Board is headquartered
LocationHeadquarters
- HQ city
- Pendik
Offices1 record
Markets served
DEIK - Foreign Economic Relations Board business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership Fees: DEIK generates revenue through membership contributions from its 92 founding organizations and corporate members, as well as voluntary firm memberships from Turkish businesses seeking international trade and investment opportunities.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
DEIK - Foreign Economic Relations Board product offering
Product offeringCore offering
DEIK is a Turkish non-profit business association founded in 1985 that facilitates international trade and investment between Turkish businesses and foreign partners. It operates 153 Business Councils covering country/region-specific bilateral relations and delivers trade missions, business forums, matchmaking services, sectoral committees, and policy research for its member companies.
Product overview
DEIK (Dış Ekonomik İlişkiler Kurulu / Foreign Economic Relations Board) is Turkey's premier business diplomacy organization operating since 1985. Rather than a traditional software product, DEIK offers a platform of advisory, networking, and research services centered around 153 Business Councils organized by country, sector, and special purpose. The core offerings include bilateral business forums, trade delegations, and the annual Yurt Dışı Yatırım Endeksi (Outbound Investment Index) developed with partners like Bain & Company and Deloitte. Supporting services include the Business Diplomacy magazine (Turkey's first international commercial diplomacy publication), the DEIK Women's Platform, STRIDE Project, and Green Transformation (Yeşil Dönüşüm) initiatives aligned with the European Green Deal. The organization facilitates commercial diplomacy between Turkish businesses and their counterparts worldwide through organized events, joint business councils, and published research reports.
Differentiator
Problem solved
Functional benefit
Brands
- Business Diplomacy: Turkey's first international commercial diplomacy journal published by DEIK
Products and services
- İş Konseyleri (Business Councils) 153 country/region-specific bilateral Business Councils that channel trade, investment, and policy engagement between Turkish and foreign private-sector stakeholders; the core membership-based service offering of DEIK.
- Yurt Dışı Yatırım Endeksi (Outbound Investment Index)
Quantifiable outcome
- 93 countries visited with T.C. President through commercial diplomacy activities
- +1 more outcomes
Companies that use DEIK - Foreign Economic Relations Board
Customer profileSegments1 record
Ideal customer profiles1 record
DEIK - Foreign Economic Relations Board technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DEIK - Foreign Economic Relations Board partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Islamic Development Bank (IsDB)coreDEIK co-organizes the annual Yurt Dışı Yatırım Forumu (Outbound Investment Forum) with IsDB, FDI Center, and Norton Rose Fulbright. The partnership focuses on promoting Turkish outward investments to Islamic Development Bank member countries and facilitating investment dialogue between Turkish companies and the bank.
- Norton Rose FulbrightcoreNorton Rose Fulbright serves as legal counsel and co-organizer of the Yurt Dışı Yatırım Forumu (Outbound Investment Forum), providing expertise on international sanctions, investment regulations, and cross-border transaction structuring for Turkish investors.
- FDI CentercoreBerlin-based FDI Center provides location analysis and foreign direct investment expertise for the annual Yurt Dışı Yatırım Forumu, helping Turkish investors evaluate investment destinations and understand global FDI trends.
- Bain & CompanycoreDEIK partners with Bain & Company to produce the annual Yurt Dışı Yatırım Endeksi (Outbound Investment Index), a comprehensive ranking of countries by investment attractiveness for Turkish investors. The index evaluates countries across multiple criteria including business environment, know-how potential, market size, regulatory framework, and Turkey relations.
- Deloitte TurkeycoreDEIK partnered with Deloitte Turkey for the 2016 and 2017 editions of the Yurt Dışı Yatırım Endeksi (Outbound Investment Index), providing research methodology and analytical support for ranking countries by investment attractiveness for Turkish businesses.
- International Finance Corporation (IFC)minorIFC has collaborated with DEIK on investment forums and provided insights on global investment trends and financing options for Turkish companies pursuing international expansion.
- Kadir Has University (KHAS)minorDEIK partnered with Kadir Has University and Columbia University's Vale Columbia Center on Sustainable International Investment (VCC) to produce research on Turkish Multinational Companies (ÇUŞ) and their global expansion patterns.
- Columbia University - Vale Columbia CenterminorPartnership under the Emerging Market Global Players (EMGP) project to study Turkish multinational companies' international investments and their contribution to global value chains.
- AlmatyminorDEIK collaborates with various Turkish government ministries including the Ministry of Trade for organizing joint business councils, trade missions, and implementing trade agreements.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
DEIK - Foreign Economic Relations Board competitors and assessment
Company assessmentDirect peers
- Korea Chamber of Commerce and Industry (KCCI): South Korea's national chamber of commerce with comparable mandate of facilitating bilateral business relations, organizing trade missions, and serving as institutional platform for Korean private sector internationalization.
- Dubai Chamber of Commerce: UAE-based chamber facilitating international business and trade, with strong government backing. Comparable to DEIK in its dual focus on bilateral business councils and outbound investment promotion for member companies.
- China Council for the Promotion of International Trade (CCPIT): China's national foreign trade promotion organization operating with quasi-governmental status to facilitate international business relationships. Highly comparable to DEIK in its mandate of commercial diplomacy, bilateral business councils, and official trade mission organization.
- Keidanren: Japan's peak business federation coordinating Japanese corporate internationalization and government relations. Comparable to DEIK in its role organizing bilateral economic dialogues, country-specific committees, and high-level trade diplomacy activities.
- Bundesverband der Deutschen Industrie (BDI): Germany's Federation of German Industries, a peak industry association coordinating German international business relations. Comparable to DEIK in its role organizing trade missions, bilateral industry dialogues, and serving as the institutional bridge between national private sector and foreign governments.
- Confindustria: Italy's main business association representing manufacturing and services companies in international markets. Similar to DEIK in facilitating bilateral business councils with foreign counterparts and organizing trade delegations with government participation.
- Federation of Indian Chambers of Commerce & Industry (FICCI): India's oldest and largest business chamber with direct comparability to DEIK in organizing bilateral business councils, trade missions, and country-specific committees. Both organizations function as the institutional bridge between emerging-market private sectors and global business networks.
- Mouvement des Entreprises de France (MEDEF): France's leading business federation representing companies of all sizes and coordinating French private sector international engagement. Directly comparable to DEIK in membership-based structure, country-specific bilateral councils, and government-level commercial diplomacy activities.
- Confederation of British Industry (CBI): UK's premier business lobbying and international trade organization connecting British businesses with global markets. Directly comparable to DEIK as a national business association facilitating bilateral commercial diplomacy, trade missions, and cross-border business councils.
Broad incumbents
- U.S. Chamber of Commerce: The world's largest business federation, far broader in scope than DEIK, but with directly comparable international affairs and trade facilitation functions. Its international division organizes bilateral business councils and trade missions analogous to DEIK's 153 Business Councils.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
DEIK - Foreign Economic Relations Board social profiles
Digital presenceDEIK - Foreign Economic Relations Board financial estimates
Financial estimateRevenue estimate
Valuation estimate
DEIK - Foreign Economic Relations Board leadership team
Management profileNumber of profiles
Profiles1 record
DEIK - Foreign Economic Relations Board subsidiaries and ownership
Company hierarchySubsidiaries1 record
DEIK - Foreign Economic Relations Board funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DEIK - Foreign Economic Relations Board M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DEIK - Foreign Economic Relations Board
What does DEIK - Foreign Economic Relations Board do?
DEIK is a Turkish non-profit business association founded in 1985 that facilitates international trade and investment between Turkish businesses and foreign partners. It operates 153 Business Councils covering country/region-specific bilateral relations and delivers trade missions, business forums, matchmaking services, sectoral committees, and policy research for its member companies.
Is DEIK - Foreign Economic Relations Board a public or private company?
DEIK - Foreign Economic Relations Board is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was DEIK - Foreign Economic Relations Board founded?
DEIK - Foreign Economic Relations Board was founded in 1985. It employs 51 to 100 people.
Where is DEIK - Foreign Economic Relations Board based?
DEIK - Foreign Economic Relations Board is headquartered in Pendik.
How does DEIK - Foreign Economic Relations Board make money?
One revenue line is on record: membership Fees.
Who are DEIK - Foreign Economic Relations Board's main competitors?
Direct peers on record are Korea Chamber of Commerce and Industry (KCCI), Dubai Chamber of Commerce, China Council for the Promotion of International Trade (CCPIT), Keidanren, Bundesverband der Deutschen Industrie (BDI), Confindustria, Federation of Indian Chambers of Commerce & Industry (FICCI), Mouvement des Entreprises de France (MEDEF) and Confederation of British Industry (CBI). U.S. Chamber of Commerce is listed as a broad incumbent.
Does DEIK - Foreign Economic Relations Board have an API?
No public API is recorded for DEIK - Foreign Economic Relations Board.