2022
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GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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 GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%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$
Rnk 162 / 186
2022
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GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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About

Turkey-Russia In 2022, Turkey exported $9.24B to Russia. The main products that Turkey exported to Russia are Citrus ($430M), Motor vehicles; parts and accessories (8701 to 8705) ($329M), and Pitted Fruits ($298M). During the last 27 years the exports of Turkey to Russia have increased at an annualized rate of 7.75%, from $1.23B in 1995 to $9.24B in 2022.

In 2009, Turkey exported services to Russia worth $1.23B, with Travel ($1.22B), Other business services ($9.3M), and Insurance services ($7.23M) being the largest in terms of value.

Russia-Turkey In 2022, Russia exported $25.3B to Turkey. The main products that Russia exported to Turkey were Refined Petroleum ($6.51B), Coal Briquettes ($3.2B), and Wheat ($2.05B). During the last 27 years the exports of Russia to Turkey have increased at an annualized rate of 10.1%, from $1.87B in 1995 to $25.3B in 2022.

In 2020, Russia exported services to Turkey worth $953M, with Construction services ($449M), Transportation ($235M), and Other business services ($191M) being the largest in terms of value.

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $9.24B to Russia. The main products exported from Turkey to Russia were Citrus ($430M), Motor vehicles; parts and accessories (8701 to 8705) ($329M), and Pitted Fruits ($298M). During the last 27 years the exports of Turkey to Russia have increased at an annualized rate of 7.75%, from $1.23B in 1995 to $9.24B in 2022.

In 2022, Russia exported $25.3B to Turkey. The main products exported from Russia to Turkey were Refined Petroleum ($6.51B), Coal Briquettes ($3.2B), and Wheat ($2.05B). During the last 27 years the exports of Russia to Turkey have increased at an annualized rate of 10.1%, from $1.87B in 1995 to $25.3B in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Russia (Flag)

Turkey Exports

Russia Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Russia
Top Destination
China$101B

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

In 2021, countries that imported more from Turkey than Russia were Iraq ($13.7B), United Kingdom ($13.7B), and Israel ($7B).

In 2021, countries that imported more from Russia than Turkey were China ($101B), India ($40.4B), and Kazakhstan ($16.5B).

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

Comparative Advantage Turkey - Russia

Flow
Scale

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

During 2022, Turkey had a large net trade with Russia in the exports of Machines ($2.19B), Vegetable Products ($1.29B), and Chemical Products ($879M).

During 2022, Russia had a large net trade with Turkey in the exports of Mineral Products ($10.1B), Metals ($6.8B), and Vegetable Products ($2.95B).

Service Trade

Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Russia worth $1.23B, with Travel ($1.22B), Other business services ($9.3M), and Insurance services ($7.23M) being the largest in terms of value.

In 2020, Russia exported services to Turkey worth $953M, with Construction services ($449M), Transportation ($235M), and Other business services ($191M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Russia (Flag) to Turkey (Flag) (2020)

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

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

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