Flag China / Turkey Flag

Exports Flag β†’ Flag  (2018): $19.2B, Rnk 26 / 206

Top Product Flag β†’ Flag (2018): $1.54B, Broadcasting Equipment

Exports Flag β†’ Flag (2018): $3.02B, Rnk 16 / 205

Top Product Flag β†’ Flag (2018): $771M, Marble, Travertine and Alabaster

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI 0.57, Rnk 43 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $771B, CURRENT US$
Rnk 19 / 196

GDP GROWTH Flag (2008-2018): 0.92%, CURRENT US$
Rnk 162 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $9,370, CURRENT US$
Rnk 80 / 196

GDP PC GROWTH Flag (2008-2018): -13.7%, CURRENT US$
Rnk 172 / 196

China-Turkey: In 2018, China exported $19.2B to Turkey. The main products that China exported to Turkey are Broadcasting Equipment ($1.54B), Computers ($689M), and Non-Retail Synthetic Filament Yarn ($514M). During the last 23 years the exports of China to Turkey have increased at an annualized rate of 16.6%, from $565M in 1995 to $19.2B in 2018.

In 2018, China did not exported services to Turkey.

Turkey-China: In 2018, Turkey exported $3.02B to China . The main products that Turkey exported to China were Marble, Travertine and Alabaster ($771M), Borates ($224M), and Chromium Ore ($221M). During the last 23 years the exports of China to Turkey have increased at an annualized rate of 16.6%, from $565M in 1995 to $19.2B in 2018.

In 2011, Turkey exported services to China worth $5.58M, with Other business services ($4.65M) and Insurance services ($929k) being the largest in terms of value.

Comparison: In 2018,  China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Turkey ranked 43 in the Economic Complexity Index (ECI 0.57), and 29 in total exports ($177B).

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $19.2B to Turkey. The main products exported from China to Turkey were Broadcasting Equipment ($1.54B), Computers ($689M), and Non-Retail Synthetic Filament Yarn ($514M). During the last 23 years the exports of China to Turkey have increased at an annualized rate of 16.6%, from $565M in 1995 to $19.2B in 2018.

In 2018, Turkey exported $3.02B to China. The main products exported from Turkey to China were Marble, Travertine and Alabaster ($771M), Borates ($224M), and Chromium Ore ($221M). During the last 23 years the exports of Turkey to China have increased at an annualized rate of 15.9%, from $102M in 1995 to $3.02B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Turkey
Top Destination
: Germany, $16.6B

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

In 2018, countries that imported more from China than Turkey were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, countries that imported more from Turkey than China were Bulgaria ($2.48B), Azerbaijan ($1.55B), and Georgia ($1.44B).

Comparative Advantage China - Turkey

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Depth

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

During 2018, China had a large net trade with Turkey in the exports of Machines ($8.68B), Textiles ($2.08B), and Chemical Products ($1.87B).

During 2018, Turkey had a large net trade with China in the exports of Mineral Products ($1.48B), Chemical Products ($357M), and Textiles ($261M).

Tariff Section

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This section shows import tariffs for products traded between China and Turkey (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Turkey were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2018, the products from Turkey that paid the highest import tariffs to enter China were Bovine cuts boneless, fresh or chilled (225%) and Bovine cuts boneless, frozen (225%).

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*The tariffs present between China and Turkey are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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Bilateral Service Trade

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In 2011, Turkey exported services to China worth $5.58M, with Other business services ($4.65M) and Insurance services ($929k) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Turkey. Similarly, the more red a dot/product is, the more Turkey has comparative advantage over China.