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2022
Flag → Flag
Exports $9.3BRnk 2 / 219
2022
Flag → Flag
Top Product $771MHand-Woven Rugs
2022
Flag → Flag
Exports $10.7BRnk 26 / 219
2022
Flag → Flag
Top Product $2.91BPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Turkey-United States Trade: In 2022, Turkey exported $9.3B to United States. The main products that Turkey exported to United States were Hand-Woven Rugs ($771M), Jewellery ($755M), and Silver ($638M). Over the past 5 years the exports of Turkey to United States have increased at an annualized rate of 39.8%, from $1.74B in 2017 to $9.3B in 2022.

In 2009, Turkey exported services to United States worth $533M, with Travel ($507M), Insurance services ($16.5M), and Other business services ($9.3M) being the largest in terms of value.

United States-Turkey Trade: In 2022, United States exported $10.7B to Turkey. The main products that United States exported to Turkey were Petroleum Gas ($2.91B), Scrap Iron ($1.62B), and Raw Cotton ($1.09B). Over the past 5 years the exports of United States to Turkey have increased at an annualized rate of 25.3%,  from $3.46B in 2017 to $10.7B in 2022.

In 2017, United States exported services to Turkey worth $3.75B, with Transportation ($1.2B), Travel ($1.05B), and Financial services ($490M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $9.3B to United States. The main products exported from Turkey to United States were Hand-Woven Rugs ($771M), Jewellery ($755M), and Silver ($638M). During the last 5 years the exports of Turkey to United States have increased at an annualized rate of 39.8%, from $1.74B in 2017 to $9.3B in 2022.

In 2017, United States exported $10.7B to Turkey. The main products exported from United States to Turkey were Petroleum Gas ($2.91B), Scrap Iron ($1.62B), and Raw Cotton ($1.09B). During the last 22 years the exports of United States to Turkey have increased at an annualized rate of 25.3%, from $3.46B in 1995 to $10.7B in 2017.

Exports from Turkey (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Turkey (Flag) (2022)

Latest Data

Trade between Turkey (Flag) and United States (Flag)

Turkey Exports

United States Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Turkey than United States included Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

In 2022, countries that imported more from United States than Turkey included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Turkey (Flag) (2022)

Comparative Advantage Turkey - United States

Flow
Scale

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

During 2022, Turkey had a large net trade with United States in the exports of Textiles ($2.63B), Metals ($2.48B), and Machines ($2.02B).

During 2017, United States had a large net trade with Turkey in the exports of Mineral Products ($3.9B), Metals ($2.06B), and Machines ($1.65B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey United States+$484MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential United States Turkey+$303MGold

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 United States. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Turkey.

Product Space of Turkey (Flag) and United States (Flag) (2022)

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