Italy-Turkey Trade: In 2022, Italy exported $14.1B to Turkey. The main products that Italy exported to Turkey were Refined Petroleum ($1.4B), Gold ($708M), and Motor vehicles; parts and accessories (8701 to 8705) ($591M). Over the past 5 years the exports of Italy to Turkey have increased at an annualized rate of 4.29%, from $11.5B in 2017 to $14.1B in 2022.
In 2020, Italy exported services to Turkey worth $575M, with Transportation ($192M), Other business services ($129M), and Travel ($70M) being the largest in terms of value.
Turkey-Italy Trade: In 2022, Turkey exported $12.6B to Italy. The main products that Turkey exported to Italy were Cars ($957M), Delivery Trucks ($678M), and Refined Petroleum ($476M). Over the past 5 years the exports of Turkey to Italy have increased at an annualized rate of 6.81%, from $9.06B in 2017 to $12.6B in 2022.
In 2009, Turkey exported services to Italy worth $401M, with Travel ($382M), Other business services ($17.6M), and Insurance services ($1.03M) being the largest in terms of value.
Comparison: In 2022, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).