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Pricing

2022
Flag → Flag
Exports $7.4BRnk 15 / 224
2022
Flag → Flag
Top Product $1.02BCombustion Engines
2022
Flag → Flag
Exports $13.7BRnk 4 / 219
2022
Flag → Flag
Top Product $1.66BDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 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

United Kingdom-Turkey Trade: In 2022, United Kingdom exported $7.4B to Turkey. The main products that United Kingdom exported to Turkey were Combustion Engines ($1.02B), Scrap Iron ($845M), and Gold ($669M). Over the past 5 years the exports of United Kingdom to Turkey have decreased at an annualized rate of 2.66%, from $8.46B in 2017 to $7.4B in 2022.

In 2019, United Kingdom exported services to Turkey worth $1.88B, with Travel ($473M), Transportation ($465M), and Other business services ($385M) being the largest in terms of value.

Turkey-United Kingdom Trade: In 2022, Turkey exported $13.7B to United Kingdom. The main products that Turkey exported to United Kingdom were Delivery Trucks ($1.66B), Cars ($1.06B), and Insulated Wire ($751M). Over the past 5 years the exports of Turkey to United Kingdom have increased at an annualized rate of 5.75%,  from $10.4B in 2017 to $13.7B in 2022.

In 2009, Turkey exported services to United Kingdom worth $1.54B, with Travel ($1.47B), Insurance services ($51.6M), and Other business services ($17.6M) being the largest in terms of value.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £400M and imported £1.21B from Turkey, resulting in a negative trade balance of £810M. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-14M (-3.38%) from £414M to £400M, while imports increased by £57.9M (5.02%) from £1.15B to £1.21B.

Trade In August 2024, the top exports of United Kingdom to Turkey were Gas Turbines (£88.5M), Combustion Engines (£74.6M), Gold (£55.3M), Silver (£49.3M), and Cars (£28.5M). In August 2024 the top imports of United Kingdom from Turkey were Delivery Trucks (£159M), Cars (£109M), Insulated Wire (£60.4M), Gas Turbines (£49.7M), and Video Displays (£38.3M).

Origins In August 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£85M), London (£61.2M), London Heathrow Airport (£45.2M), Tyne (£43.4M), and Harwich (£32.5M), while imports destinations were mainly Felixstowe (£290M), London (£131M), London Heathrow Airport (£127M), and Southampton (£107M).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to Turkey was explained primarily by an decrease in product exports in Hot-Rolled Iron (£-35.6M or -69.1%), Gold (£-24.3M or -30.5%), and Scrap Iron (£-14.1M or -39.8%). In August 2024, the increase in United Kingdom's year-by-year imports  from Turkey was explained primarily by an increase in product imports  in Gas Turbines (£38.1M or 327%), Cars (£33.1M or 43.3%), and Tissue (£9.25M or 170%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-14M(-3.38%)
IMPORT GROWTH (August 2023 - August 2024)£57.9M(5.02%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£85M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Turkey and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turkey and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $7.4B to Turkey. The main products exported from United Kingdom to Turkey were Combustion Engines ($1.02B), Scrap Iron ($845M), and Gold ($669M). During the last 5 years the exports of United Kingdom to Turkey have decreased at an annualized rate of 2.66%, from $8.46B in 2017 to $7.4B in 2022.

In 2017, Turkey exported $13.7B to United Kingdom. The main products exported from Turkey to United Kingdom were Delivery Trucks ($1.66B), Cars ($1.06B), and Insulated Wire ($751M). During the last 5 years the exports of Turkey to United Kingdom have increased at an annualized rate of 5.75%, from $10.4B in 2022 to $13.7B in 2017.

Exports from United Kingdom (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from United Kingdom than Turkey included United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

In 2022, countries that imported more from Turkey than United Kingdom included Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

Difference in imports from Turkey (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Turkey

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Turkey in the exports of Machines ($2.47B), Metals ($1.37B), and Precious Metals ($1.18B).

During 2017, Turkey had a large net trade with United Kingdom in the exports of Transportation ($3.26B), Textiles ($2.7B), and Machines ($2.6B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Turkey+$313MGold
Top Product Potential Turkey United Kingdom+$334MCars

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

Product Space of United Kingdom (Flag) and Turkey (Flag) (2022)

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