2023
Flag  
GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
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GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
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 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
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GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
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GDP PC 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
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GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195
2023
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GDP PC
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Turkey-Saudi Arabia Trade: In 2023, Turkey exported $2.66B to Saudi Arabia. The main products that Turkey exported to Saudi Arabia were Hand-Woven Rugs ($224M), Building Stone ($115M), and Other Furniture ($77.9M). Over the past 5 years the exports of Turkey to Saudi Arabia have decreased at an annualized rate of 2.06%, from $2.95B in 2018 to $2.66B in 2023.

In 2023, Turkey did not export any services to Saudi Arabia.

Saudi Arabia-Turkey Trade: In 2023, Saudi Arabia exported $3.22B to Turkey. The main products that Saudi Arabia exported to Turkey were Propylene Polymers ($948M), Ethylene Polymers ($544M), and Cyclic Hydrocarbons ($266M). Over the past 5 years the exports of Saudi Arabia to Turkey have increased at an annualized rate of 4.36%,  from $2.6B in 2018 to $3.22B in 2023.

In 2023, Saudi Arabia did not export any services to Turkey.

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $2.66B to Saudi Arabia. The main products exported from Turkey to Saudi Arabia were Hand-Woven Rugs ($224M), Building Stone ($115M), and Other Furniture ($77.9M). During the last 5 years the exports of Turkey to Saudi Arabia have decreased at an annualized rate of 2.06%, from $2.95B in 2018 to $2.66B in 2023.

In 2018, Saudi Arabia exported $3.22B to Turkey. The main products exported from Saudi Arabia to Turkey were Propylene Polymers ($948M), Ethylene Polymers ($544M), and Cyclic Hydrocarbons ($266M). During the last 5 years the exports of Saudi Arabia to Turkey have increased at an annualized rate of 4.36%, from $2.6B in 2023 to $3.22B in 2018.

Exports from Turkey (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Turkey (Flag) (2023)

Latest Data

Trade between Turkey (Flag) and Saudi Arabia (Flag)

Turkey Exports

Saudi Arabia Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Turkey than Saudi Arabia included Germany ($24.7B), United Kingdom ($15.1B), and Iraq ($12.8B).

In 2023, countries that imported more from Saudi Arabia than Turkey included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia (Flag) and Turkey (Flag) (2023)

Comparative Advantage Turkey - Saudi Arabia

Flow
Scale

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

During 2023, Turkey had a large net trade with Saudi Arabia in the exports of Textiles ($515M), Machines ($448M), and Metals ($274M).

During 2018, Saudi Arabia had a large net trade with Turkey in the exports of Plastics and Rubbers ($1.83B), Chemical Products ($851M), and Metals ($275M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Saudi Arabia+$74.6MRefined Petroleum
Top Product Potential Saudi Arabia Turkey+N/AN/A

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turkey and Saudi Arabia. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Turkey.

Product Space of Turkey (Flag) and Saudi Arabia (Flag) (2023)

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