2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Canada-Turkey Trade: In 2022, Canada exported $1.24B to Turkey. The main products that Canada exported to Turkey were Dried Legumes ($390M), Scrap Iron ($206M), and Coal Briquettes ($133M). Over the past 5 years the exports of Canada to Turkey have increased at an annualized rate of 0.32%, from $1.22B in 2017 to $1.24B in 2022.

In 2020, Canada exported services to Turkey worth $148M, with Travel ($96.9M), Transportation ($20.9M), and Royalties and license fees ($11.2M) being the largest in terms of value.

Turkey-Canada Trade: In 2022, Turkey exported $2B to Canada. The main products that Turkey exported to Canada were Raw Iron Bars ($180M), Other Small Iron Pipes ($104M), and Coated Flat-Rolled Iron ($81.4M). Over the past 5 years the exports of Turkey to Canada have increased at an annualized rate of 10.4%,  from $1.22B in 2017 to $2B in 2022.

In 2009, Turkey exported services to Canada worth $90.9M, with Travel ($90.9M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $1.24B to Turkey. The main products exported from Canada to Turkey were Dried Legumes ($390M), Scrap Iron ($206M), and Coal Briquettes ($133M). During the last 5 years the exports of Canada to Turkey have increased at an annualized rate of 17.4%, from $4.63M in 2017 to $1.24B in 2022.

In 2017, Turkey exported $2B to Canada. The main products exported from Turkey to Canada were Raw Iron Bars ($180M), Other Small Iron Pipes ($104M), and Coated Flat-Rolled Iron ($81.4M). During the last 5 years the exports of Turkey to Canada have increased at an annualized rate of 49.6%, from $242k in 2022 to $2B in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Turkey
Top Destination
Germany$21.9B

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

In 2022, countries that imported more from Canada than Turkey included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Turkey than Canada included Germany ($21.9B), Iraq ($13.7B), and Italy ($12.6B).

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

Comparative Advantage Canada - Turkey

Flow
Scale

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

During 2022, Canada had a large net trade with Turkey in the exports of Vegetable Products ($394M), Metals ($255M), and Mineral Products ($136M).

During 2017, Turkey had a large net trade with Canada in the exports of Metals ($738M), Textiles ($229M), and Machines ($191M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Turkey+$144MGold
Top Product Potential Turkey Canada+$65.1MMotor 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 Canada and Turkey. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Canada.

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

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