2022
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GDP
$906BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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GDP PC 
$10,616CURRENT US$
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2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
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2022
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GDP PC
$11,972CURRENT US$
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2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
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About

Turkey-Malaysia In 2022, Turkey exported $485M to Malaysia. The main products that Turkey exported to Malaysia are Jewellery ($67.2M), Hand-Woven Rugs ($41.9M), and Iron Blocks ($26.8M). During the last 27 years the exports of Turkey to Malaysia have increased at an annualized rate of 5.03%, from $129M in 1995 to $485M in 2022.

In 2009, Turkey exported services to Malaysia worth $1.03M, with Insurance services ($1.03M) being the largest in terms of value.

Malaysia-Turkey In 2022, Malaysia exported $4.09B to Turkey. The main products that Malaysia exported to Turkey were Raw Aluminium ($909M), Palm Oil ($802M), and Coconut Oil ($157M). During the last 27 years the exports of Malaysia to Turkey have increased at an annualized rate of 10.8%, from $259M in 1995 to $4.09B in 2022.

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

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). That same year, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $485M to Malaysia. The main products exported from Turkey to Malaysia were Jewellery ($67.2M), Hand-Woven Rugs ($41.9M), and Iron Blocks ($26.8M). During the last 27 years the exports of Turkey to Malaysia have increased at an annualized rate of 5.03%, from $129M in 1995 to $485M in 2022.

In 2022, Malaysia exported $4.09B to Turkey. The main products exported from Malaysia to Turkey were Raw Aluminium ($909M), Palm Oil ($802M), and Coconut Oil ($157M). During the last 27 years the exports of Malaysia to Turkey have increased at an annualized rate of 10.8%, from $259M in 1995 to $4.09B in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Malaysia (Flag)

Turkey Exports

Malaysia Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Malaysia
Top Destination
Singapore$53.8B

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

In 2021, countries that imported more from Turkey than Malaysia were Iraq ($13.7B), Germany ($21.9B), and Italy ($12.6B).

In 2021, countries that imported more from Malaysia than Turkey were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Turkey - Malaysia

Flow
Scale

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

During 2022, Turkey had a large net trade with Malaysia in the exports of Precious Metals ($84.2M), Textiles ($72.7M), and Chemical Products ($57.7M).

During 2022, Malaysia had a large net trade with Turkey in the exports of Animal and Vegetable Bi-Products ($1.23B), Metals ($1.08B), and Machines ($554M).

Service Trade

Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Malaysia worth $1.03M, with Insurance services ($1.03M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Malaysia (Flag) (2009)

Economic Complexity

Competitive Landscape

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 Malaysia. Similarly, the more yellow a dot/product is, the more Malaysia has comparative advantage over Turkey.

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

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