2022
Flag  
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
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%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
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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About

Turkey-Greece Trade: In 2022, Turkey exported $3.28B to Greece. The main products that Turkey exported to Greece were Refined Petroleum ($347M), Raw Aluminium ($145M), and Cars ($140M). Over the past 5 years the exports of Turkey to Greece have increased at an annualized rate of 13.9%, from $1.71B in 2017 to $3.28B in 2022.

In 2009, Turkey exported services to Greece worth $258M, with Travel ($254M) and Other business services ($4.13M) being the largest in terms of value.

Greece-Turkey Trade: In 2022, Greece exported $2.54B to Turkey. The main products that Greece exported to Turkey were Refined Petroleum ($1.09B), Raw Cotton ($335M), and Aluminium Plating ($99.2M). Over the past 5 years the exports of Greece to Turkey have increased at an annualized rate of 3.08%,  from $2.18B in 2017 to $2.54B in 2022.

In 2020, Greece exported services to Turkey worth $583M, with Transportation ($454M), Travel ($90.9M), and Other business services ($12.1M) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $3.28B to Greece. The main products exported from Turkey to Greece were Refined Petroleum ($347M), Raw Aluminium ($145M), and Cars ($140M). During the last 5 years the exports of Turkey to Greece have increased at an annualized rate of 13.9%, from $1.71B in 2017 to $3.28B in 2022.

In 2017, Greece exported $2.54B to Turkey. The main products exported from Greece to Turkey were Refined Petroleum ($1.09B), Raw Cotton ($335M), and Aluminium Plating ($99.2M). During the last 5 years the exports of Greece to Turkey have increased at an annualized rate of 3.08%, from $2.18B in 2022 to $2.54B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Greece (Flag)

Turkey Exports

Greece Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Greece
Top Destination
Italy$5.82B

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

In 2022, countries that imported more from Turkey than Greece included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Greece than Turkey included Gibraltar ($1.27B), Cyprus ($2.92B), and North Macedonia ($1.7B).

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

Comparative Advantage Turkey - Greece

Flow
Scale

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

During 2022, Turkey had a large net trade with Greece in the exports of Metals ($735M), Mineral Products ($517M), and Machines ($390M).

During 2017, Greece had a large net trade with Turkey in the exports of Mineral Products ($1.16B), Textiles ($372M), and Metals ($276M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Greece+N/AN/A
Top Product Potential Greece Turkey+$422MRefined Petroleum

N/A

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Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Greece worth $258M, with Travel ($254M) and Other business services ($4.13M) being the largest in terms of value.

In 2020, Greece exported services to Turkey worth $583M, with Transportation ($454M), Travel ($90.9M), and Other business services ($12.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Greece (Flag) (2009)

Services Exports from Greece (Flag) to Turkey (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turkey and Greece. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Turkey.

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

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