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
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%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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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Turkey-Spain Trade: In 2022, Turkey exported $9.88B to Spain. The main products that Turkey exported to Spain were Non-Knit Women's Suits ($915M), Cars ($843M), and Refined Petroleum ($416M). Over the past 5 years the exports of Turkey to Spain have increased at an annualized rate of 7.84%, from $6.77B in 2017 to $9.88B in 2022.

In 2009, Turkey exported services to Spain worth $229M, with Travel ($198M), Insurance services ($23.8M), and Other business services ($7.23M) being the largest in terms of value.

Spain-Turkey Trade: In 2022, Spain exported $7.45B to Turkey. The main products that Spain exported to Turkey were Cars ($1.45B), Raw Zinc ($389M), and Cyclic Hydrocarbons ($215M). Over the past 5 years the exports of Spain to Turkey have increased at an annualized rate of 1.9%,  from $6.79B in 2017 to $7.45B in 2022.

In 2009, Spain exported services to Turkey worth $828M, with Services not allocated ($471M), Travel ($190M), and Transportation ($167M) being the largest in terms of value.

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $9.88B to Spain. The main products exported from Turkey to Spain were Non-Knit Women's Suits ($915M), Cars ($843M), and Refined Petroleum ($416M). During the last 5 years the exports of Turkey to Spain have increased at an annualized rate of 7.84%, from $6.77B in 2017 to $9.88B in 2022.

In 2017, Spain exported $7.45B to Turkey. The main products exported from Spain to Turkey were Cars ($1.45B), Raw Zinc ($389M), and Cyclic Hydrocarbons ($215M). During the last 5 years the exports of Spain to Turkey have increased at an annualized rate of 1.9%, from $6.79B in 2022 to $7.45B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Spain (Flag)

Turkey Exports

Spain Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Spain
Top Destination
France$65.2B

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

In 2022, countries that imported more from Turkey than Spain included Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

In 2022, countries that imported more from Spain than Turkey included France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

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

Comparative Advantage Turkey - Spain

Flow
Scale

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

During 2022, Turkey had a large net trade with Spain in the exports of Textiles ($3.23B), Transportation ($1.63B), and Machines ($1.21B).

During 2017, Spain had a large net trade with Turkey in the exports of Transportation ($2.1B), Metals ($1.11B), and Chemical Products ($984M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Spain+$143MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Spain Turkey+$172MRefined 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 Turkey and Spain. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Turkey.

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

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