Flag Turkey / Portugal Flag

2019
FlagFlag
Exports
: $1.14B, Rnk 39 / 213

2019
FlagFlag
Top Product
: $214M, Cars

2019
FlagFlag
Exports
: $749M, Rnk 14 / 208

2019
FlagFlag
Top Product
: $175M, Polycarboxylic Acids

2019
Flag
Economic Complexity (ECI)
: ECI 0.65, Rnk 40 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 0.54, Rnk 48 / 146

2019
Flag  
GDP
: $761B, CURRENT US$
Rnk 19 / 187

2009-2019
Flag
GDP GROWTH
: 17.3%, CURRENT US$
Rnk 153 / 187

2019
Flag
 GDP
: $239B, CURRENT US$
Rnk 47 / 187

2009-2019
Flag
GDP GROWTH
: -2.02%, CURRENT US$
Rnk 174 / 187

2019
Flag
GDP PC 
: $9,127, CURRENT US$
Rnk 77 / 187

2009-2019
Flag
GDP PC GROWTH
: 0.25%, CURRENT US$
Rnk 159 / 187

2019
Flag
GDP PC
: $23,252, CURRENT US$
Rnk 42 / 187

2009-2019
Flag
GDP PC GROWTH
: 0.83%, CURRENT US$
Rnk 157 / 187

Turkey-Portugal In 2019, Turkey exported $1.14B to Portugal. The main products that Turkey exported to Portugal are Cars ($214M), Hot-Rolled Iron ($108M), and Non-Retail Pure Cotton Yarn ($74.7M). During the last 24 years the exports of Turkey to Portugal have increased at an annualized rate of 11.8%, from $78.1M in 1995 to $1.14B in 2019.

In 2011, Turkey exported services to Portugal worth $0, with being the largest in terms of value.

Portugal-Turkey In 2019, Portugal exported $749M to Turkey . The main products that Portugal exported to Turkey were Polycarboxylic Acids ($175M), Uncoated Paper ($81M), and Cars ($71.7M). During the last 24 years the exports of Portugal to Turkey have increased at an annualized rate of 10.2%, from $73.4M in 1995 to $749M in 2019.

In 2019, Portugal exported services to Turkey worth $26.9M, with Travel ($26.9M) being the largest in terms of value.

Comparison In 2019,  Turkey ranked 40 in the Economic Complexity Index (ECI 0.65), and 29 in total exports ($187B). That same year, Portugal ranked 48 in the Economic Complexity Index (ECI 0.54), and 45 in total exports ($66.8B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Turkey exported $1.14B to Portugal. The main products exported from Turkey to Portugal were Cars ($214M), Hot-Rolled Iron ($108M), and Non-Retail Pure Cotton Yarn ($74.7M). During the last 24 years the exports of Turkey to Portugal have increased at an annualized rate of 11.8%, from $78.1M in 1995 to $1.14B in 2019.

In 2019, Portugal exported $749M to Turkey. The main products exported from Portugal to Turkey were Polycarboxylic Acids ($175M), Uncoated Paper ($81M), and Cars ($71.7M). During the last 24 years the exports of Portugal to Turkey have increased at an annualized rate of 10.2%, from $73.4M in 1995 to $749M in 2019.

Turkey Exports

#permalink to section

Portugal Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Turkey
Top Destination
: Germany, $16.8B

Portugal
Top Destination
: Spain, $15.4B

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

In 2019, countries that imported more from Turkey than Portugal were Iraq ($10.2B), Germany ($16.8B), and United Kingdom ($12.1B).

In 2019, countries that imported more from Portugal than Turkey were Spain ($15.4B), Angola ($1.39B), and Cape Verde ($338M).

Comparative Advantage Turkey - Portugal

#permalink to section
Depth

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

During 2019, Turkey had a large net trade with Portugal in the exports of Transportation ($340M), Metals ($254M), and Textiles ($162M).

During 2019, Portugal had a large net trade with Turkey in the exports of Chemical Products ($205M), Paper Goods ($165M), and Machines ($93.2M).

Tariff Section

#permalink to section

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

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

In 2017, the products from Portugal that paid the highest import tariffs to enter Turkey were Whey (173%) and Mushrooms, prepared or preserved, not in vinegar (117%).

*The tariffs present between Turkey and Portugal are:
136: Most Favoured Nation duty rate treatement
139: Non-MFN duty rate for countries excluded from Most-Favoured- Nation (MFN) treatement
219: Preferential tariff for European Union countries (AA) Association Agreement

Bilateral Service Trade

#permalink to section
Tur Year

In 2011, Turkey exported services to Portugal worth $0, with being the largest in terms of value.

In 2019, Portugal exported services to Turkey worth $26.9M, with Travel ($26.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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