Turkey (TUR) and Israel (ISR) Trade

About

Turkey-Israel: In 2018, Turkey exported $6.35B to Israel. The main products exported from Turkey to Israel were Crude Petroleum ($2.5B), Cars ($389M), and Raw Iron Bars ($333M). During the last 23 years the exports of Turkey to Israel have increased at an annualized rate of 14.4%, from $285M in 1995 to $6.35B in 2018. In 2011, Turkey exported services to Israel worth $74.4M, with Travel ($69.7M) and Other business services ($4.65M) being the largest in terms of value.

Israel-Turkey: In 2018, Israel exported $1.65B to Turkey. The main products exported from Israel to Turkey were Refined Petroleum ($603M), Propylene Polymers ($142M), and Cyclic Hydrocarbons ($115M). During the last 23 years the exports of Israel to Turkey have increased at an annualized rate of 9.54%, from $203M in 1995 to $1.65B in 2018. In 2012, Israel exported services to Turkey worth $0, with being the largest in terms of value.

Comparison: In 2018, Turkey ranked 43 in the Economic Complexity Index (ECI 0.57), and 29 in total exports ($177B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 51 in total exports ($59B). In terms of GDP Per Capita, Turkey was ranked 80 with a GDP Per Capita of $9,370, and Israel was ranked 25 with a GDP Per Capita of $41,715.

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2018, Turkey exported $6.35B to Israel. The main products exported from Turkey to Israel were Crude Petroleum ($2.5B), Cars ($389M), and Raw Iron Bars ($333M). During the last 23 years the exports of Turkey to Israel have increased at an annualized rate of 14.4%, from $285M in 1995 to $6.35B in 2018.

In 2018, Israel exported $1.65B to Turkey. The main products exported from Israel to Turkey were Refined Petroleum ($603M), Propylene Polymers ($142M), and Cyclic Hydrocarbons ($115M). During the last 23 years the exports of Israel to Turkey have increased at an annualized rate of 9.54%, from $203M in 1995 to $1.65B in 2018.

Monthly Trade

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Date

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Date

Market Competitiveness

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Measure

SectionYear

Turkey
Top Destination: Germany, $16.6B

Israel
Top Destination: United States, $19B

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

In 2018, countries that imported more from Turkey than Israel were Germany ($16.6B), United Kingdom ($11.9B), and Italy ($10.1B).

In 2018, countries that imported more from Israel than Turkey were United States ($19B), Palestine ($3.03B), and China ($5.15B).

Comparative Advantage Turkey - Israel

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Year

Depth

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

During 2018, Turkey had a large net trade with Israel in the exports of Mineral Products ($2.64B), Metals ($1.04B), and Transportation ($489M).

During 2018, Israel had a large net trade with Turkey in the exports of Mineral Products ($625M), Chemical Products ($268M), and Machines ($245M).

Tariff Section

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Tariffs

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

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

In 2017, the products from Israel that paid the highest import tariffs to enter Turkey were Milk and cream powder unsweetened < 1.5% fat (212%) and Milk and cream powder sweetened < 1.5% fat (212%).

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*The tariffs present between Turkey and Israel are:
136: Most Favoured Nation duty rate treatement
139: Non-MFN duty rate for countries excluded from Most-Favoured- Nation (MFN) treatement
244: Preferential tariff for Israel

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between Turkey and Israel. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Service Trade

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Bilateral Service Trade

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Tur YearIsr Year

In 2011, Turkey exported services to Israel worth $74.4M, with Travel ($69.7M) and Other business services ($4.65M) being the largest in terms of value.

In 2012, Israel exported services to Turkey worth $0, with 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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Year

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 Turkey has comparative advantage over Israel. Similarly, the more red a dot/product is, the more Israel has comparative advantage over Turkey.

About

Product Trade

Bilateral Trade by Products

Monthly Trade

Market Competitiveness

Comparative Advantage Turkey - Israel

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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