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Pricing

2022
Flag → Flag
Exports $3.87BRnk 28 / 211
2022
Flag → Flag
Top Product $366MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $765MRnk 67 / 219
2022
Flag → Flag
Top Product $67.9MNon-fillet Fresh Fish
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$906BCURRENT US$
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2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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2022
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GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Japan-Turkey Trade: In 2022, Japan exported $3.87B to Turkey. The main products that Japan exported to Turkey were Motor vehicles; parts and accessories (8701 to 8705) ($366M), Flat Flat-Rolled Steel ($243M), and Large Construction Vehicles ($227M). Over the past 5 years the exports of Japan to Turkey have increased at an annualized rate of 0.83%, from $3.71B in 2017 to $3.87B in 2022.

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

Turkey-Japan Trade: In 2022, Turkey exported $765M to Japan. The main products that Turkey exported to Japan were Non-fillet Fresh Fish ($67.9M), Ferroalloys ($61.6M), and Pasta ($57.5M). Over the past 5 years the exports of Turkey to Japan have increased at an annualized rate of 10.1%,  from $474M in 2017 to $765M in 2022.

In 2009, Turkey exported services to Japan worth $130M, with Travel ($128M) and Insurance services ($2.07M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥35.8B and imported ¥11.9B from Turkey, resulting in a positive trade balance of ¥23.9B. Between August 2023 and August 2024 the exports of Japan have decreased by ¥-14.9B (-29.4%) from ¥50.7B to ¥35.8B, while imports increased by ¥1.46B (14%) from ¥10.4B to ¥11.9B.

Trade In August 2024, the top exports of Japan to Turkey were Hot-Rolled Iron (¥4.69B), Flat Flat-Rolled Steel (¥2.61B), Cars (¥2.45B), Motor vehicles; parts and accessories (8701... (¥2.17B), and Electric Batteries (¥1.67B). In August 2024 the top imports of Japan from Turkey were Fish Fillets (¥1B), Rolled Tobacco (¥771M), Ferroalloys (¥625M), Cars (¥518M), and Pasta (¥471M).

Origins In August 2024 the exports of Japan were mainly from Aichi (¥16.9B), Hyōgo (¥4.25B), Kanagawa (¥3.57B), Mie (¥2.08B), and Osaka (¥2.05B), while imports destinations were mainly Tokyo (¥2.68B), Chiba (¥2.43B), Kanagawa (¥1.54B), Hyōgo (¥1.29B), and Osaka (¥1.16B).

Growth In August 2024, the decrease in Japan's year-by-year exports to Turkey was explained primarily by an decrease in product exports in Large Construction Vehicles (¥-2.29B or -92%), Motor vehicles; parts and accessories (8701... (¥-2.16B or -49.9%), and Electric Batteries (¥-1.35B or -44.8%). In August 2024, the increase in Japan's year-by-year imports  from Turkey was explained primarily by an increase in product imports  in Fish Fillets (¥834M or 496%), Rolled Tobacco (¥708M or 1.13k%), and Cars (¥270M or 108%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)¥-14.9B(-29.4%)
IMPORT GROWTH (August 2023 - August 2024)¥1.46B(14%)
MAIN EXPORTER (August 2024)Aichi¥16.9B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Turkey and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turkey and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $3.87B to Turkey. The main products exported from Japan to Turkey were Motor vehicles; parts and accessories (8701 to 8705) ($366M), Flat Flat-Rolled Steel ($243M), and Large Construction Vehicles ($227M). During the last 5 years the exports of Japan to Turkey have increased at an annualized rate of 0.83%, from $3.71B in 2017 to $3.87B in 2022.

In 2017, Turkey exported $765M to Japan. The main products exported from Turkey to Japan were Non-fillet Fresh Fish ($67.9M), Ferroalloys ($61.6M), and Pasta ($57.5M). During the last 5 years the exports of Turkey to Japan have increased at an annualized rate of 10.1%, from $474M in 2022 to $765M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Japan than Turkey included China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

In 2022, countries that imported more from Turkey than Japan included Iraq ($13.7B), Romania ($7.88B), and Italy ($12.6B).

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

Comparative Advantage Japan - Turkey

Flow
Scale

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

During 2022, Japan had a large net trade with Turkey in the exports of Machines ($1.68B), Transportation ($763M), and Metals ($657M).

During 2017, Turkey had a large net trade with Japan in the exports of Foodstuffs ($152M), Animal Products ($130M), and Metals ($75.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Turkey+$252MCars
Top Product Potential Turkey Japan+$52.3MCars

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 Japan and Turkey. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Japan.

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

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