2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Netherlands-Turkey Trade: In 2023, Netherlands exported $4.9B to Turkey. The main products that Netherlands exported to Turkey were Scrap Iron ($781M), Tractors ($251M), and Coal Tar Oil ($242M). Over the past 5 years the exports of Netherlands to Turkey have increased at an annualized rate of 5.73%, from $3.71B in 2018 to $4.9B in 2023.

In 2020, Netherlands exported services to Turkey worth $1.03B, with Royalties and license fees ($341M), Other business services ($309M), and Transportation ($281M) being the largest in terms of value.

Turkey-Netherlands Trade: In 2023, Turkey exported $7.42B to Netherlands. The main products that Turkey exported to Netherlands were Refined Petroleum ($1.34B), Non-Knit Women's Suits ($337M), and Cars ($238M). Over the past 5 years the exports of Turkey to Netherlands have increased at an annualized rate of 7.61%,  from $5.14B in 2018 to $7.42B in 2023.

In 2009, Turkey exported services to Netherlands worth $768M, with Travel ($762M) and Other business services ($6.2M) being the largest in terms of value.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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, Netherlands exported $4.9B to Turkey. The main products exported from Netherlands to Turkey were Scrap Iron ($781M), Tractors ($251M), and Coal Tar Oil ($242M). During the last 5 years the exports of Netherlands to Turkey have increased at an annualized rate of 5.73%, from $3.71B in 2018 to $4.9B in 2023.

In 2018, Turkey exported $7.42B to Netherlands. The main products exported from Turkey to Netherlands were Refined Petroleum ($1.34B), Non-Knit Women's Suits ($337M), and Cars ($238M). During the last 5 years the exports of Turkey to Netherlands have increased at an annualized rate of 7.61%, from $5.14B in 2023 to $7.42B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Turkey
Top Destination
Germany$24.7B

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

In 2023, countries that imported more from Netherlands than Turkey included Belgium ($87B), Germany ($96.9B), and France ($67.3B).

In 2023, countries that imported more from Turkey than Netherlands included United Arab Emirates ($14.7B), Iraq ($12.8B), and Russia ($10.8B).

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

Comparative Advantage Netherlands - Turkey

Flow
Scale

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

During 2023, Netherlands had a large net trade with Turkey in the exports of Metals ($1.14B), Chemical Products ($812M), and Machines ($580M).

During 2018, Turkey had a large net trade with Netherlands in the exports of Textiles ($1.83B), Mineral Products ($1.58B), and Machines ($818M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Turkey+$239MRefined Petroleum
Top Product Potential Turkey Netherlands+$160MRefined Petroleum

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

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

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