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2022
Flag → Flag
Exports $3.54BRnk 18 / 219
2022
Flag → Flag
Top Product $1.37BCrude Petroleum
2022
Flag → Flag
Exports $10.7BRnk 9 / 217
2022
Flag → Flag
Top Product $3.34BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Turkey-India Trade: In 2022, Turkey exported $3.54B to India. The main products that Turkey exported to India were Crude Petroleum ($1.37B), Seed Oils ($203M), and Gold ($178M). Over the past 5 years the exports of Turkey to India have increased at an annualized rate of 27.1%, from $1.07B in 2017 to $3.54B in 2022.

In 2009, Turkey exported services to India worth $3.1M, with Insurance services ($3.1M) being the largest in terms of value.

India-Turkey Trade: 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). Over the past 5 years the exports of India to Turkey have increased at an annualized rate of 12.9%,  from $5.81B in 2017 to $10.7B in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), 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 5 years the exports of Turkey to India have increased at an annualized rate of 27.1%, from $1.07B in 2017 to $3.54B in 2022.

In 2017, 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 5 years the exports of India to Turkey have increased at an annualized rate of 12.9%, from $5.81B in 2022 to $10.7B in 2017.

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 2022, countries that imported more from Turkey than India included Iraq ($13.7B), Germany ($21.9B), and Romania ($7.88B).

In 2022, countries that imported more from India than Turkey included 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 2017, India had a large net trade with Turkey in the exports of Mineral Products ($3.46B), Metals ($1.73B), and Machines ($1.17B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey India+$432MCrude Petroleum
Top Product Potential India Turkey+$1.04BRefined 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 India. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Turkey.

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

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