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2022
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Exports $3.54BRnk 18 / 219
2022
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Top Product $1.37BCrude Petroleum
2022
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Exports $10.7BRnk 9 / 217
2022
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Top Product $3.34BRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.59Rnk 39 / 124
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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GDP$906BCURRENT US$
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2012-2022
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GDP GROWTH2.89%CURRENT US$
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2022
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 GDP$3.39TCURRENT US$
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2012-2022
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GDP GROWTH85.2%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
2022
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GDP PC$2,389CURRENT US$
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2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Turkey-India In 2022, Turkey exported $3.54B to India. The main products that Turkey exported to India are Crude Petroleum ($1.37B), Seed Oils ($203M), and Gold ($178M). During the last 27 years the exports of Turkey to India have increased at an annualized rate of 16.2%, from $61.9M in 1995 to $3.54B in 2022.

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

India-Turkey In 2022, India exported $10.7B to Turkey. The main products that India exported to Turkey were Refined Petroleum ($3.34B), Raw Aluminium ($578M), and Motor vehicles; parts and accessories (8701 to 8705) ($483M). During the last 27 years the exports of India to Turkey have increased at an annualized rate of 15.1%, from $241M in 1995 to $10.7B in 2022.

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

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $3.54B to India. The main products exported from Turkey to India were Crude Petroleum ($1.37B), Seed Oils ($203M), and Gold ($178M). During the last 27 years the exports of Turkey to India have increased at an annualized rate of 16.2%, from $61.9M in 1995 to $3.54B in 2022.

In 2022, India exported $10.7B to Turkey. The main products exported from India to Turkey were Refined Petroleum ($3.34B), Raw Aluminium ($578M), and Motor vehicles; parts and accessories (8701 to 8705) ($483M). During the last 27 years the exports of India to Turkey have increased at an annualized rate of 15.1%, from $241M in 1995 to $10.7B in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and India (Flag)

Turkey Exports

India Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
India
Top DestinationUnited States$82.9B

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

In 2021, countries that imported more from Turkey than India were Iraq ($13.7B), Germany ($21.9B), and Romania ($7.88B).

In 2021, countries that imported more from India than Turkey were United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

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

Comparative Advantage Turkey - India

Flow
Scale

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

During 2022, Turkey had a large net trade with India in the exports of Mineral Products ($1.73B), Machines ($438M), and Animal and Vegetable Bi-Products ($245M).

During 2022, India had a large net trade with Turkey in the exports of N/A.

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Turkey.

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

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