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2022
Flag → Flag
Exports $382MRnk 88 / 219
2022
Flag → Flag
Top Product $36.3MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $1.82BRnk 29 / 152
2022
Flag → Flag
Top Product $273MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Turkey-Vietnam Trade: In 2022, Turkey exported $382M to Vietnam. The main products that Turkey exported to Vietnam were Non-fillet Frozen Fish ($36.3M), Carbonates ($20.6M), and Packaged Medicaments ($15.1M). Over the past 5 years the exports of Turkey to Vietnam have increased at an annualized rate of 6.55%, from $278M in 2017 to $382M in 2022.

In 2022, Turkey did not export any services to Vietnam.

Vietnam-Turkey Trade: In 2022, Vietnam exported $1.82B to Turkey. The main products that Vietnam exported to Turkey were Broadcasting Equipment ($273M), Telephones ($149M), and Semiconductor Devices ($139M). Over the past 5 years the exports of Vietnam to Turkey have decreased at an annualized rate of 5.25%,  from $2.39B in 2017 to $1.82B in 2022.

In 2022, Vietnam did not export any services to Turkey.

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $382M to Vietnam. The main products exported from Turkey to Vietnam were Non-fillet Frozen Fish ($36.3M), Carbonates ($20.6M), and Packaged Medicaments ($15.1M). During the last 5 years the exports of Turkey to Vietnam have increased at an annualized rate of 6.55%, from $278M in 2017 to $382M in 2022.

In 2017, Vietnam exported $1.82B to Turkey. The main products exported from Vietnam to Turkey were Broadcasting Equipment ($273M), Telephones ($149M), and Semiconductor Devices ($139M). During the last 5 years the exports of Vietnam to Turkey have decreased at an annualized rate of 5.25%, from $2.39B in 2022 to $1.82B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Vietnam (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Turkey than Vietnam included Iraq ($13.7B), Germany ($21.9B), and Russia ($9.24B).

In 2022, countries that imported more from Vietnam than Turkey included United States ($117B), China ($58.7B), and Japan ($25B).

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

Comparative Advantage Turkey - Vietnam

Flow
Scale

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

During 2022, Turkey had a large net trade with Vietnam in the exports of Chemical Products ($71M), Textiles ($67.5M), and Machines ($67.1M).

During 2017, Vietnam had a large net trade with Turkey in the exports of Machines ($909M), Textiles ($223M), and Footwear and Headwear ($137M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Vietnam+$23MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Vietnam Turkey+$241MTelephones

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

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

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