Turkey (TUR) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Turkey-Greece In 2022, Turkey exported $3.28B to Greece. The main products that Turkey exported to Greece are Refined Petroleum ($347M), Raw Aluminium ($145M), and Cars ($140M). During the last 27 years the exports of Turkey to Greece have increased at an annualized rate of 10.3%, from $232M in 1995 to $3.28B in 2022.

In 2009, Turkey exported services to Greece worth $258M, with Travel ($254M) and Other business services ($4.13M) being the largest in terms of value.

Greece-Turkey In 2022, Greece exported $2.54B to Turkey. The main products that Greece exported to Turkey were Refined Petroleum ($1.09B), Raw Cotton ($335M), and Aluminium Plating ($99.2M). During the last 27 years the exports of Greece to Turkey have increased at an annualized rate of 9.03%, from $246M in 1995 to $2.54B in 2022.

In 2020, Greece exported services to Turkey worth $583M, with Transportation ($454M), Travel ($90.9M), and Other business services ($12.1M) being the largest in terms of value.

Comparison In 2022, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). That same year, Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $3.28B to Greece. The main products exported from Turkey to Greece were Refined Petroleum ($347M), Raw Aluminium ($145M), and Cars ($140M). During the last 27 years the exports of Turkey to Greece have increased at an annualized rate of 10.3%, from $232M in 1995 to $3.28B in 2022.

In 2022, Greece exported $2.54B to Turkey. The main products exported from Greece to Turkey were Refined Petroleum ($1.09B), Raw Cotton ($335M), and Aluminium Plating ($99.2M). During the last 27 years the exports of Greece to Turkey have increased at an annualized rate of 9.03%, from $246M in 1995 to $2.54B in 2022.

Exports from Turkey () to Greece () (2022)

Exports from Greece () to Turkey () (2022)

Latest Data

Trade between Turkey () and Greece ()

Turkey Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Greece
Top DestinationItaly$5.82B

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

In 2021, countries that imported more from Turkey than Greece were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2021, countries that imported more from Greece than Turkey were Gibraltar ($1.27B), Cyprus ($2.92B), and North Macedonia ($1.7B).

Difference in imports from Greece () and Turkey () (2022)

Comparative Advantage Turkey - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Greece in the exports of Metals ($735M), Mineral Products ($517M), and Machines ($390M).

During 2022, Greece had a large net trade with Turkey in the exports of Mineral Products ($1.16B), Textiles ($372M), and Metals ($276M).

Service Trade

Bilateral Service Trade

Grc Year

Tur Year

2009

2008

In 2009, Turkey exported services to Greece worth $258M, with Travel ($254M) and Other business services ($4.13M) being the largest in terms of value.

In 2020, Greece exported services to Turkey worth $583M, with Transportation ($454M), Travel ($90.9M), and Other business services ($12.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey () to Greece () (2009)

Services Exports from Greece () to Turkey () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Turkey () to Greece () (2022)

Exports from Greece () to Turkey () (2022)

Latest Data

Trade between Turkey () and Greece ()

Turkey Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Turkey () (2022)

Comparative Advantage Turkey - Greece

Service Trade

Bilateral Service Trade

Services Exports from Turkey () to Greece () (2009)

Services Exports from Greece () to Turkey () (2020)

Economic Complexity

Competitive Landscape

Product Space of Turkey () and Greece () (2022)

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