2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Turkey-Algeria Trade: In 2022, Turkey exported $2.06B to Algeria. The main products that Turkey exported to Algeria were Soybean Oil ($153M), Hot-Rolled Iron ($66.3M), and Concentrated Milk ($66M). Over the past 5 years the exports of Turkey to Algeria have increased at an annualized rate of 0.94%, from $1.97B in 2017 to $2.06B in 2022.

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

Algeria-Turkey Trade: In 2022, Algeria exported $1.22B to Turkey. The main products that Algeria exported to Turkey were Petroleum Gas ($959M), Ammonia ($73.9M), and Semi-Finished Iron ($65.3M). Over the past 5 years the exports of Algeria to Turkey have decreased at an annualized rate of 13.3%,  from $2.5B in 2017 to $1.22B in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $2.06B to Algeria. The main products exported from Turkey to Algeria were Soybean Oil ($153M), Hot-Rolled Iron ($66.3M), and Concentrated Milk ($66M). During the last 5 years the exports of Turkey to Algeria have increased at an annualized rate of 0.94%, from $1.97B in 2017 to $2.06B in 2022.

In 2017, Algeria exported $1.22B to Turkey. The main products exported from Algeria to Turkey were Petroleum Gas ($959M), Ammonia ($73.9M), and Semi-Finished Iron ($65.3M). During the last 5 years the exports of Algeria to Turkey have decreased at an annualized rate of 13.3%, from $2.5B in 2022 to $1.22B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Algeria (Flag)

Turkey Exports

Algeria Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Turkey than Algeria included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Algeria than Turkey included Italy ($16.9B), South Korea ($2.96B), and Thailand ($543M).

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

Comparative Advantage Turkey - Algeria

Flow
Scale

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

During 2022, Turkey had a large net trade with Algeria in the exports of Machines ($383M), Metals ($338M), and Textiles ($251M).

During 2017, Algeria had a large net trade with Turkey in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Algeria+$17.8MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Algeria Turkey+$212MPetroleum Gas

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

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

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