2022
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GDP
$906BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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 GDP
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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GDP PC 
$10,616CURRENT US$
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2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
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2022
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GDP PC
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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About

Turkey-Italy In 2022, Turkey exported $12.6B to Italy. The main products that Turkey exported to Italy are Cars ($957M), Delivery Trucks ($678M), and Refined Petroleum ($476M). During the last 27 years the exports of Turkey to Italy have increased at an annualized rate of 7.91%, from $1.61B in 1995 to $12.6B in 2022.

In 2009, Turkey exported services to Italy worth $401M, with Travel ($382M), Other business services ($17.6M), and Insurance services ($1.03M) being the largest in terms of value.

Italy-Turkey In 2022, Italy exported $14.1B to Turkey. The main products that Italy exported to Turkey were Refined Petroleum ($1.4B), Gold ($708M), and Motor vehicles; parts and accessories (8701 to 8705) ($591M). During the last 27 years the exports of Italy to Turkey have increased at an annualized rate of 5.53%, from $3.31B in 1995 to $14.1B in 2022.

In 2020, Italy exported services to Turkey worth $575M, with Transportation ($192M), Other business services ($129M), and Travel ($70M) being the largest in terms of value.

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $12.6B to Italy. The main products exported from Turkey to Italy were Cars ($957M), Delivery Trucks ($678M), and Refined Petroleum ($476M). During the last 27 years the exports of Turkey to Italy have increased at an annualized rate of 7.91%, from $1.61B in 1995 to $12.6B in 2022.

In 2022, Italy exported $14.1B to Turkey. The main products exported from Italy to Turkey were Refined Petroleum ($1.4B), Gold ($708M), and Motor vehicles; parts and accessories (8701 to 8705) ($591M). During the last 27 years the exports of Italy to Turkey have increased at an annualized rate of 5.53%, from $3.31B in 1995 to $14.1B in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Italy (Flag)

Turkey Exports

Italy Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Italy
Top Destination
Germany$78.5B

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

In 2021, countries that imported more from Turkey than Italy were Iraq ($13.7B), Israel ($7B), and Russia ($9.24B).

In 2021, countries that imported more from Italy than Turkey were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

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

Comparative Advantage Turkey - Italy

Flow
Scale

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

During 2022, Turkey had a large net trade with Italy in the exports of Transportation ($2.6B), Metals ($2.46B), and Textiles ($1.89B).

During 2022, Italy had a large net trade with Turkey in the exports of Machines ($4.06B), Mineral Products ($1.51B), and Metals ($1.46B).

Service Trade

Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Italy worth $401M, with Travel ($382M), Other business services ($17.6M), and Insurance services ($1.03M) being the largest in terms of value.

In 2020, Italy exported services to Turkey worth $575M, with Transportation ($192M), Other business services ($129M), and Travel ($70M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Italy (Flag) (2009)

Services Exports from Italy (Flag) to Turkey (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Turkey.

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

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