United States-Turkey In 2022, United States exported $14.6B to Turkey. The main products that United States exported to Turkey are Petroleum Gas ($2.91B), Scrap Iron ($1.62B), and Raw Cotton ($1.09B). During the last 27 years the exports of United States to Turkey have increased at an annualized rate of 5.49%, from $3.46B in 1995 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 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). During the last 27 years the exports of Turkey to United States have increased at an annualized rate of 8.84%, from $1.74B in 1995 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 1.41), and 2 in total exports ($1.95T). That same year, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B).
COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (69.5k), ROBERT BOSCH TOOL CORPORATION (46.2k), and ROBERT BOSCH LLC (8.11k) were at the forefront of exporting goods from Turkey to the United States. Conversely, BOSCH SANAYI TIC (18.6k), BOSCH SANAYI VE TICARET A.S (15.1k), and BOSCH SANAYI VE TICARET A.S. (6.33k) were notable for importing Turkey products to the United States.