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2022
Flag → Flag
Exports $14.6BRnk 26 / 219
2022
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Top Product $2.91BPetroleum Gas
2022
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Exports $17.1BRnk 2 / 219
2022
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Top Product $771MHand-Woven Rugs
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

United States-Turkey Trade: In 2022, United States exported $14.6B 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 6.51%, from $10.7B in 2017 to $14.6B 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.

Turkey-United States Trade: In 2022, Turkey exported $17.1B 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 13%,  from $9.3B in 2017 to $17.1B 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.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Company data: In 2023, leading companies such as Emser Tile (2.67k), IKEA Group (957), and Ford Motor Company (629) were at the forefront of exporting goods from Turkey to the United States. Conversely, Other (2.65k), Unknown (1.86k), and Ford Otomotiv Sanayi As (557) were notable for importing products to Turkey from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $1.16B and imported $1.51B from Turkey, resulting in a negative trade balance of $349M. Between August 2023 and August 2024 the exports of United States have decreased by $-111M (-8.68%) from $1.27B to $1.16B, while imports increased by $236M (18.4%) from $1.28B to $1.51B.

Trade In August 2024, the top exports of United States to Turkey were Petroleum Gas ($374M), Scrap Iron ($84.3M), Aircraft Parts ($70M), Raw Cotton ($63.1M), and Ethylene Polymers ($36.1M). In August 2024 the top imports of United States from Turkey were Hand-Woven Rugs ($68.1M), Commodities not elsewhere specified ($63.9M), Cement ($63.2M), Motor vehicles; parts and accessories (8701... ($57.8M), and Cars ($55.2M).

Origins In August 2024 the exports of United States were mainly from Texas ($151M), Pennsylvania ($82M), California ($75.6M), New York ($67.7M), and Georgia ($64.3M), while imports destinations were mainly New Jersey ($180M), Texas ($158M), Georgia ($147M), New York ($120M), and Louisiana ($116M).

Growth In August 2024, the decrease in United States's year-by-year exports to Turkey was explained primarily by an decrease in product exports in Aircraft Parts ($-217M or -75.6%), Petroleum Gas ($-115M or -23.5%), and Scrap Iron ($-52.3M or -38.3%). In August 2024, the increase in United States's year-by-year imports  from Turkey was explained primarily by an increase in product imports  in Cement ($28.4M or 81.7%), Commodities not elsewhere specified ($26.4M or 70.5%), and Motor vehicles; parts and accessories (8701... ($22.1M or 61.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-111M(-8.68%)
IMPORT GROWTH (August 2023 - August 2024)$236M(18.4%)
MAIN EXPORTER (August 2024)Texas$151M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Turkey and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turkey and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $14.6B 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 5 years the exports of United States to Turkey have increased at an annualized rate of 6.51%, from $10.7B in 2017 to $14.6B in 2022.

In 2017, Turkey exported $17.1B 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 13%, from $9.3B in 2022 to $17.1B in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage United States - Turkey

Flow
Scale

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

During 2022, United States had a large net trade with Turkey in the exports of Mineral Products ($3.9B), Metals ($2.06B), and Machines ($1.65B).

During 2017, Turkey had a large net trade with United States in the exports of Textiles ($2.63B), Metals ($2.48B), and Machines ($2.02B).

Potential Exports

Potential Exports

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

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

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

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