Turkey (TUR) and Russia (RUS) Trade | OEC - The Observatory of Economic Complexity

About

Turkey-Russia In 2019, Turkey exported $4.28B to Russia. The main products that Turkey exported to Russia are Citrus ($316M), Vehicle Parts ($211M), and Pitted Fruits ($144M). During the last 24 years the exports of Turkey to Russia have increased at an annualized rate of 5.32%, from $1.23B in 1995 to $4.28B in 2019.

In 2011, Turkey exported services to Russia worth $2.01B, with Travel ($1.98B), Insurance services ($16.7M), and Other business services ($12.1M) being the largest in terms of value.

Russia-Turkey In 2019, Russia exported $16.4B to Turkey . The main products that Russia exported to Turkey were Refined Petroleum ($3.91B), Crude Petroleum ($3.68B), and Wheat ($1.39B). During the last 24 years the exports of Russia to Turkey have increased at an annualized rate of 9.46%, from $1.87B in 1995 to $16.4B in 2019.

In 2018, Russia exported services to Turkey worth $1.42B, with Construction services ($669M), Transportation ($485M), and Other business services ($147M) 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, Russia ranked 45 in the Economic Complexity Index (ECI 0.58), and 13 in total exports ($407B).

Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

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In 2019, Turkey exported $4.28B to Russia. The main products exported from Turkey to Russia were Citrus ($316M), Vehicle Parts ($211M), and Pitted Fruits ($144M). During the last 24 years the exports of Turkey to Russia have increased at an annualized rate of 5.32%, from $1.23B in 1995 to $4.28B in 2019.

In 2019, Russia exported $16.4B to Turkey. The main products exported from Russia to Turkey were Refined Petroleum ($3.91B), Crude Petroleum ($3.68B), and Wheat ($1.39B). During the last 24 years the exports of Russia to Turkey have increased at an annualized rate of 9.46%, from $1.87B in 1995 to $16.4B in 2019.

Latest Data

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Turkey Exports

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Date

Russia Exports

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Date

Market Competitiveness

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Measure

SectionYear

Turkey
Top Destination: Germany, $16.8B

Russia
Top Destination: China, $58.1B

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 2019, countries that imported more from Turkey than Russia were Iraq ($10.2B), Spain ($8.23B), and France ($8.32B).

In 2019, countries that imported more from Russia than Turkey were China ($58.1B), Netherlands ($41.7B), and Belarus ($20.5B).

Comparative Advantage Turkey - Russia

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Depth

Year

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

During 2019, Turkey had a large net trade with Russia in the exports of Vegetable Products ($838M), Machines ($721M), and Textiles ($598M).

During 2019, Russia had a large net trade with Turkey in the exports of Mineral Products ($8.71B), Metals ($3.33B), and Vegetable Products ($1.81B).

Tariff Section

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Tariffs

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

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

In 2018, the products from Russia that paid the highest import tariffs to enter Turkey were Undenatured ethyl alcohol > 80% by volume (100%) and Ethyl alcohol and other spirits, denatured (100%).

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

Service Trade

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Bilateral Service Trade

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Rus YearTur Year

In 2011, Turkey exported services to Russia worth $2.01B, with Travel ($1.98B), Insurance services ($16.7M), and Other business services ($12.1M) being the largest in terms of value.

In 2018, Russia exported services to Turkey worth $1.42B, with Construction services ($669M), Transportation ($485M), and Other business services ($147M) 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 Russia. Similarly, the more red a dot/product is, the more Russia has comparative advantage over Turkey.

About

Historical Data

Bilateral Trade by Products

Latest Data

Turkey Exports

Russia Exports

Market Competitiveness

Comparative Advantage Turkey - Russia

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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