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2023
Flag → Flag
Exports $13BRnk 8 / 216
2023
Flag → Flag
Top Product $9.61BGold
2023
Flag → Flag
Exports $14.7BRnk 4 / 216
2023
Flag → Flag
Top Product $8.96BGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195

About

United Arab Emirates-Turkey Trade: In 2023, United Arab Emirates exported $13B to Turkey. The main products that United Arab Emirates exported to Turkey were Gold ($9.61B), Precious Metal Scraps ($950M), and Jewellery ($922M). Over the past 5 years the exports of United Arab Emirates to Turkey have increased at an annualized rate of 26.3%, from $4.04B in 2018 to $13B in 2023.

In 2023, United Arab Emirates did not export any services to Turkey.

Turkey-United Arab Emirates Trade: In 2023, Turkey exported $14.7B to United Arab Emirates. The main products that Turkey exported to United Arab Emirates were Gold ($8.96B), Jewellery ($2.33B), and Refined Petroleum ($305M). Over the past 5 years the exports of Turkey to United Arab Emirates have increased at an annualized rate of 33.3%,  from $3.5B in 2018 to $14.7B in 2023.

In 2023, Turkey did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $13B to Turkey. The main products exported from United Arab Emirates to Turkey were Gold ($9.61B), Precious Metal Scraps ($950M), and Jewellery ($922M). During the last 5 years the exports of United Arab Emirates to Turkey have increased at an annualized rate of 26.3%, from $4.04B in 2018 to $13B in 2023.

In 2018, Turkey exported $14.7B to United Arab Emirates. The main products exported from Turkey to United Arab Emirates were Gold ($8.96B), Jewellery ($2.33B), and Refined Petroleum ($305M). During the last 5 years the exports of Turkey to United Arab Emirates have increased at an annualized rate of 33.3%, from $3.5B in 2023 to $14.7B in 2018.

Exports from United Arab Emirates (Flag) to Turkey (Flag) (2023)

Exports from Turkey (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Turkey (Flag)

United Arab Emirates Exports

Turkey Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Turkey
Top DestinationGermany$24.7B

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

In 2023, countries that imported more from United Arab Emirates than Turkey included China ($40.2B), Japan ($37.4B), and India ($38.2B).

In 2023, countries that imported more from Turkey than United Arab Emirates included Germany ($24.7B), United Kingdom ($15.1B), and Italy ($12.6B).

Difference in imports from Turkey (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Turkey

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Turkey in the exports of Precious Metals ($11.7B), Metals ($328M), and Transportation ($235M).

During 2018, Turkey had a large net trade with United Arab Emirates in the exports of Precious Metals ($11.5B), Machines ($524M), and Textiles ($442M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Turkey+$293MRefined Petroleum
Top Product Potential Turkey United Arab Emirates+$123MRefined Petroleum

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 Arab Emirates and Turkey. This means that a dot/product with the flag of United Arab Emirates 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 Arab Emirates.

Product Space of United Arab Emirates (Flag) and Turkey (Flag) (2023)

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