Turkiye is an upper-middle-income country, ranking as the 55th richest economy per capita out of 133 studied. Its 84.3 million inhabitants have a GDP per capita of $8,536 ($27,235 PPP; 2020). GDP per capita growth has averaged 1.8% over the past five years, above regional averages.
TURKEY
Economic complexity trade
Economic complexity technology
Economic complexity research
Product export-import
Rank
Percent
Rank
Percent
Rank
Percent
Export
Import
42 of 131
0.61
1.23
8 of 96
25 of 140
1.02
$ 234 B
$ 245 B
Overview
What countries border Turkey?
Russia , Romania , Egypt , Cyprus , Ukraine by sea
Iran , Bulgaria , Greece , Armenia , Syria , Iraq , Azerbaijana , Georgia by land
Turkey trade statistics
Turkiye ranks as the 41st most complex country in the Economic Complexity Index (ECI) ranking. Compared to a decade prior, Turkiye's economy has become more complex, improving 1 position in the ECI ranking. Turkiye's improving complexity has been driven by diversifying its exports. Moving forward, Turkiye is positioned to take advantage of many opportunities to diversify its production using its existing knowhow.
TURKEY's global market share over time(1996-2020)
International trade laws
To download the latest update of law and regulation of the export and import in Turkey, please click on the download button.
Export products
| (%)Global share | (%)Amount of export | Products |
|---|---|---|
| 0.72 | 17.31 | Services |
| 2.74 | 15.04 | Textiles |
| 1.56 | 11.76 | Vehicles |
| 1.2 | 10.92 | Agriculture |
Import products
| (%)Amount of import | Products |
|---|---|
| 12.89 | Chemical |
| 11.48 | Stone |
| 10.32 | Servies |
Turkey as an importer
The most of imports of Turkey are Refined Petroleum ($10.8B), Scrap Iron ($10.3B), Cars ($6.98B), Petroleum Gas ($6.82B), and Motor vehicles; parts and accessories (8701 to 8705) ($6.57B), importing mostly from China ($31.6B), Germany ($24.2B), Russia ($20.1B), United States ($12.4B), and Italy ($11.3B).
In 2021, Turkey was the world's largest importer of ferrous scrap ($10.3 billion), non-retail synthetic yarns ($1.65 billion), polycarboxylic acids ($1.52 billion), unprocessed synthetic fibers ($628 million), and sunflower seeds ($453 million).
Turkey as an exporter
The most important exports of Turkey are cars ($10 billion), jewelry ($6.8 billion), refined oil ($6.53 billion), motor vehicles. Parts and accessories (8701 to 8705) ($5.94 billion) and delivery trucks ($5.8 billion), which are mostly exported to Germany ($19.8 billion), the United States ($14.8 billion), the United Kingdom ($14.2 billion), Italy ($11.6 billion), and Iraq ($11.1 billion).
In 2021, Turkey became the world's biggest exporter of Raw Iron Bars ($4.8B), Hand-Woven Rugs ($2.71B), Wheat Flours ($1.11B), Marble, Travertine and Alabaster ($800M), and Iron Radiators ($675M).
.All rights of this website belong to us