Flag Germany / Turkey Flag

Exports Flag β†’ Flag  (2018): $22.1B, Rnk 18 / 216

Top Product Flag β†’ Flag (2018): $2.05B, Cars

Exports Flag β†’ Flag (2018): $16.6B, Rnk 1 / 205

Top Product Flag β†’ Flag (2018): $1.05B, Cars

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

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

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 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): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 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

Germany-Turkey: In 2018, Germany exported $22.1B to Turkey. The main products that Germany exported to Turkey are Cars ($2.05B), Vehicle Parts ($1.49B), and Gold ($664M). During the last 23 years the exports of Germany to Turkey have increased at an annualized rate of 6.01%, from $5.78B in 1995 to $22.1B in 2018.

In 2016, Germany exported services to Turkey worth $1.81B, with Transportation ($550M), Other business services ($388M), and Travel ($322M) being the largest in terms of value.

Turkey-Germany: In 2018, Turkey exported $16.6B to Germany . The main products that Turkey exported to Germany were Cars ($1.05B), Vehicle Parts ($993M), and Engine Parts ($989M). During the last 23 years the exports of Germany to Turkey have increased at an annualized rate of 6.01%, from $5.78B in 1995 to $22.1B in 2018.

In 2011, Turkey exported services to Germany worth $3.73B, with Travel ($3.66B), Insurance services ($43.7M), and Other business services ($28.8M) being the largest in terms of value.

Comparison: In 2018,  Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). 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, Germany exported $22.1B to Turkey. The main products exported from Germany to Turkey were Cars ($2.05B), Vehicle Parts ($1.49B), and Gold ($664M). During the last 23 years the exports of Germany to Turkey have increased at an annualized rate of 6.01%, from $5.78B in 1995 to $22.1B in 2018.

In 2018, Turkey exported $16.6B to Germany. The main products exported from Turkey to Germany were Cars ($1.05B), Vehicle Parts ($993M), and Engine Parts ($989M). During the last 23 years the exports of Turkey to Germany have increased at an annualized rate of 5.02%, from $5.4B in 1995 to $16.6B in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Turkey
Top Destination
: Germany, $16.6B

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

In 2018, countries that imported more from Germany than Turkey were United States ($132B), France ($121B), and China ($109B).

In 2018, countries that imported more from Turkey than Germany were Iraq ($8.35B), Syria ($1.24B), and Libya ($1.5B).

Comparative Advantage Germany - Turkey

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Depth

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

During 2018, Germany had a large net trade with Turkey in the exports of Machines ($7.31B), Transportation ($4.4B), and Chemical Products ($2.73B).

During 2018, Turkey had a large net trade with Germany in the exports of Textiles ($3.87B), Transportation ($3.58B), and Machines ($3.41B).

Tariff Section

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

In 2017, the products from Germany that paid the highest import tariffs to enter Turkey were Whey (173%) and Mushrooms, prepared or preserved, not in vinegar (117%).

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

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*The tariffs present between Germany and Turkey are:
119: Customs Union between EU and Turkey
122: EU preferential tariff for sugar producing countries
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 2016, Germany exported services to Turkey worth $1.81B, with Transportation ($550M), Other business services ($388M), and Travel ($322M) being the largest in terms of value.

In 2011, Turkey exported services to Germany worth $3.73B, with Travel ($3.66B), Insurance services ($43.7M), and Other business services ($28.8M) 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 Germany has comparative advantage over Turkey. Similarly, the more red a dot/product is, the more Turkey has comparative advantage over Germany.