2022
Flag  
GDP
$389BCURRENT US$
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2012-2022
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GDP GROWTH
-39.7%CURRENT US$
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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 PC 
$4,388CURRENT US$
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2012-2022
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GDP PC GROWTH
-47.3%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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About

Iran-Turkey In 2022, Iran exported $3.17B to Turkey. The main products that Iran exported to Turkey are Raw Aluminium ($739M), Raw Zinc ($349M), and Ethylene Polymers ($318M). During the last 27 years the exports of Iran to Turkey have increased at an annualized rate of 6.27%, from $615M in 1995 to $3.17B in 2022.

In 2022, Iran did not export any services to Turkey.

Turkey-Iran In 2022, Turkey exported $2.9B to Iran. The main products that Turkey exported to Iran were Motor vehicles; parts and accessories (8701 to 8705) ($90.3M), Sulfate Chemical Woodpulp ($80.7M), and Packaged Medicaments ($74.2M). During the last 27 years the exports of Turkey to Iran have increased at an annualized rate of 9.26%, from $266M in 1995 to $2.9B in 2022.

In 2022, Turkey did not export any services to Iran.

Comparison In 2022,  Iran ranked 58 in the Economic Complexity Index (ECI 0.071), and 86 in total exports ($15.9B). That same year, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iran exported $3.17B to Turkey. The main products exported from Iran to Turkey were Raw Aluminium ($739M), Raw Zinc ($349M), and Ethylene Polymers ($318M). During the last 25 years the exports of Iran to Turkey have increased at an annualized rate of 25,3%, from $62.5k in 1997 to $3.17B in 2022.

In 2022, Turkey exported $2.9B to Iran. The main products exported from Turkey to Iran were Motor vehicles; parts and accessories (8701 to 8705) ($90.3M), Sulfate Chemical Woodpulp ($80.7M), and Packaged Medicaments ($74.2M). During the last 24 years the exports of Turkey to Iran have increased at an annualized rate of 24,1%, from $261k in 1998 to $2.9B in 2022.

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

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

Latest Data

Trade between Iran (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Turkey
Top Destination
Germany$21.9B

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

In 2021, countries that imported more from Iran than Turkey were China ($5.72B), Armenia ($557M), and Kuwait ($960M).

In 2021, countries that imported more from Turkey than Iran were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Iran - Turkey

Flow
Scale

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

During 2022, Iran had a large net trade with Turkey in the exports of Metals ($1.91B), Plastics and Rubbers ($446M), and Chemical Products ($301M).

During 2022, Turkey had a large net trade with Iran in the exports of Machines ($663M), Chemical Products ($537M), and Textiles ($259M).

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 Iran has comparative advantage over Turkey. Similarly, the more yellow a dot/product is, the more Turkey has comparative advantage over Iran.

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

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