2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Canada-Turkey Trade: In 2023, Canada exported $1.31B to Turkey. The main products that Canada exported to Turkey were Dried Legumes ($426M), Scrap Iron ($136M), and Gold ($119M). Over the past 5 years the exports of Canada to Turkey have decreased at an annualized rate of 8.3%, from $2.02B in 2018 to $1.31B in 2023.

In 2020, Canada exported services to Turkey worth $148M, with Travel ($96.9M), Transportation ($20.9M), and Royalties and license fees ($11.2M) being the largest in terms of value.

Turkey-Canada Trade: In 2023, Turkey exported $2.04B to Canada. The main products that Turkey exported to Canada were Motor vehicles; parts and accessories (8701 to 8705) ($69M), Coated Flat-Rolled Iron ($67.9M), and Fishing Ships ($64.4M). Over the past 5 years the exports of Turkey to Canada have increased at an annualized rate of 2.49%,  from $1.8B in 2018 to $2.04B in 2023.

In 2009, Turkey exported services to Canada worth $90.9M, with Travel ($90.9M) being the largest in terms of value.

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $1.31B to Turkey. The main products exported from Canada to Turkey were Dried Legumes ($426M), Scrap Iron ($136M), and Gold ($119M). During the last 5 years the exports of Canada to Turkey have decreased at an annualized rate of 8.3%, from $2.02B in 2018 to $1.31B in 2023.

In 2018, Turkey exported $2.04B to Canada. The main products exported from Turkey to Canada were Motor vehicles; parts and accessories (8701 to 8705) ($69M), Coated Flat-Rolled Iron ($67.9M), and Fishing Ships ($64.4M). During the last 5 years the exports of Turkey to Canada have increased at an annualized rate of 2.49%, from $1.8B in 2023 to $2.04B in 2018.

Exports from Canada (Flag) to Turkey (Flag) (2023)

Exports from Turkey (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Turkey
Top Destination
Germany$24.7B

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

In 2023, countries that imported more from Canada than Turkey included United States ($410B), China ($31.1B), and Japan ($13.4B).

In 2023, countries that imported more from Turkey than Canada included Germany ($24.7B), Iraq ($12.8B), and United Arab Emirates ($14.7B).

Difference in imports from Turkey (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - Turkey

Flow
Scale

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

During 2023, Canada had a large net trade with Turkey in the exports of Vegetable Products ($461M), Metals ($178M), and Machines ($135M).

During 2018, Turkey had a large net trade with Canada in the exports of Metals ($396M), Textiles ($345M), and Machines ($271M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Turkey+$144MGold
Top Product Potential Turkey Canada+$65.1MMotor vehicles; parts and accessories (8701 to 8705)

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 Canada and Turkey. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Turkey (Flag) (2023)

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