2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 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

Estonia-Turkey Trade: In 2022, Estonia exported $246M to Turkey. The main products that Estonia exported to Turkey were Scrap Iron ($128M), Barley ($19.5M), and Plywood ($7.77M). Over the past 5 years the exports of Estonia to Turkey have increased at an annualized rate of 1.19%, from $232M in 2017 to $246M in 2022.

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 2022, Turkey exported $265M to Estonia. The main products that Turkey exported to Estonia were Cars ($52.9M), Raw Iron Bars ($29.4M), and Other Small Iron Pipes ($16.1M). Over the past 5 years the exports of Turkey to Estonia have increased at an annualized rate of 4.95%,  from $189M in 2017 to $265M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $246M to Turkey. The main products exported from Estonia to Turkey were Scrap Iron ($128M), Barley ($19.5M), and Plywood ($7.77M). During the last 5 years the exports of Estonia to Turkey have increased at an annualized rate of 1.19%, from $232M in 2017 to $246M in 2022.

In 2017, Turkey exported $265M to Estonia. The main products exported from Turkey to Estonia were Cars ($52.9M), Raw Iron Bars ($29.4M), and Other Small Iron Pipes ($16.1M). During the last 5 years the exports of Turkey to Estonia have increased at an annualized rate of 4.95%, from $189M in 2022 to $265M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Turkey (Flag)

Estonia Exports

Turkey Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Turkey
Top Destination
Germany$21.9B

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 2022, countries that imported more from Estonia than Turkey included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

In 2022, countries that imported more from Turkey than Estonia included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

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 2022, Estonia had a large net trade with Turkey in the exports of Metals ($136M), Machines ($36M), and Vegetable Products ($19.5M).

During 2017, Turkey had a large net trade with Estonia in the exports of Metals ($96.2M), Transportation ($62M), and Machines ($36.8M).

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) (2022)

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