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2023
Flag → Flag
Exports $262MRnk 17 / 192
2023
Flag → Flag
Top Product $102MScrap Iron
2023
Flag → Flag
Exports $285MRnk 94 / 216
2023
Flag → Flag
Top Product $53.5MCars
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
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 GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
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GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195

About

Estonia-Turkey Trade: In 2023, Estonia exported $262M to Turkey. The main products that Estonia exported to Turkey were Scrap Iron ($102M), Refined Petroleum ($26.2M), and Broadcasting Equipment ($15.4M). Over the past 5 years the exports of Estonia to Turkey have increased at an annualized rate of 3.57%, from $220M in 2018 to $262M in 2023.

In 2020, Estonia exported services to Turkey worth $27.8M, with Transportation ($16.7M), Other business services ($4.8M), and Travel ($3.43M) being the largest in terms of value.

Turkey-Estonia Trade: In 2023, Turkey exported $285M to Estonia. The main products that Turkey exported to Estonia were Cars ($53.5M), Electrical Transformers ($22.7M), and Other Small Iron Pipes ($19.3M). Over the past 5 years the exports of Turkey to Estonia have increased at an annualized rate of 8.8%,  from $187M in 2018 to $285M in 2023.

In 2009, Turkey exported services to Estonia worth $0, with being the largest in terms of value.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $262M to Turkey. The main products exported from Estonia to Turkey were Scrap Iron ($102M), Refined Petroleum ($26.2M), and Broadcasting Equipment ($15.4M). During the last 5 years the exports of Estonia to Turkey have increased at an annualized rate of 3.57%, from $220M in 2018 to $262M in 2023.

In 2018, Turkey exported $285M to Estonia. The main products exported from Turkey to Estonia were Cars ($53.5M), Electrical Transformers ($22.7M), and Other Small Iron Pipes ($19.3M). During the last 5 years the exports of Turkey to Estonia have increased at an annualized rate of 8.8%, from $187M in 2023 to $285M in 2018.

Exports from Estonia (Flag) to Turkey (Flag) (2023)

Exports from Turkey (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Turkey (Flag)

Estonia Exports

Turkey Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Turkey
Top DestinationGermany$24.7B

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

In 2023, countries that imported more from Estonia than Turkey included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Turkey than Estonia included Germany ($24.7B), United States ($15.9B), and United Arab Emirates ($14.7B).

Difference in imports from Turkey (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Turkey

Flow
Scale

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

During 2023, Estonia had a large net trade with Turkey in the exports of Metals ($110M), Machines ($59M), and Mineral Products ($33.7M).

During 2018, Turkey had a large net trade with Estonia in the exports of Transportation ($77.3M), Metals ($56M), and Machines ($53.8M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Turkey. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Estonia.

Product Space of Estonia (Flag) and Turkey (Flag) (2023)

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