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2022
Flag → Flag
Exports $751MRnk 28 / 168
2022
Flag → Flag
Top Product $519MSoybean Meal
2022
Flag → Flag
Exports $390MRnk 86 / 219
2022
Flag → Flag
Top Product $61.6MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
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Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Argentina-Turkey Trade: In 2022, Argentina exported $751M to Turkey. The main products that Argentina exported to Turkey were Soybean Meal ($519M), Corn ($41.6M), and Soybeans ($29.9M). Over the past 5 years the exports of Argentina to Turkey have increased at an annualized rate of 7.75%, from $517M in 2017 to $751M in 2022.

In 2022, Argentina did not export any services to Turkey.

Turkey-Argentina Trade: In 2022, Turkey exported $390M to Argentina. The main products that Turkey exported to Argentina were Refined Petroleum ($61.6M), Iron Blocks ($41M), and Carbonates ($24.8M). Over the past 5 years the exports of Turkey to Argentina have increased at an annualized rate of 3.71%,  from $203M in 2017 to $390M in 2022.

In 2022, Turkey did not export any services to Argentina.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $751M to Turkey. The main products exported from Argentina to Turkey were Soybean Meal ($519M), Corn ($41.6M), and Soybeans ($29.9M). During the last 5 years the exports of Argentina to Turkey have increased at an annualized rate of 7.75%, from $517M in 2017 to $751M in 2022.

In 2017, Turkey exported $390M to Argentina. The main products exported from Turkey to Argentina were Refined Petroleum ($61.6M), Iron Blocks ($41M), and Carbonates ($24.8M). During the last 5 years the exports of Turkey to Argentina have increased at an annualized rate of 3.71%, from $203M in 2022 to $390M in 2017.

Exports from Argentina (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Turkey (Flag)

Argentina Exports

Turkey Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Turkey
Top DestinationGermany$21.9B

This map shows whether countries import more from Argentina or Turkey. Each country is colored based on the difference in imports they receive from Argentina and Turkey or the difference in the growth in imports.

In 2022, countries that imported more from Argentina than Turkey included Brazil ($12.6B), Chile ($5.11B), and China ($8B).

In 2022, countries that imported more from Turkey than Argentina included Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

Difference in imports from Turkey (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Turkey

Flow
Scale

This chart compares trade between Argentina and Turkey by product, considering products traded by both, Argentina and Turkey.

During 2022, Argentina had a large net trade with Turkey in the exports of Foodstuffs ($540M), Vegetable Products ($148M), and Textiles ($31M).

During 2017, Turkey had a large net trade with Argentina in the exports of Mineral Products ($75.8M), Machines ($74.5M), and Metals ($67.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Turkey+$36.5MCorn
Top Product Potential Turkey Argentina+$45.1MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Turkey. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Turkey (Flag) (2022)

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