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2023
Flag → Flag
Exports $5.02BRnk 13 / 216
2023
Flag → Flag
Top Product $315MCars
2023
Flag → Flag
Exports $1.74BRnk 10 / 150
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag  
GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC $13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC$52,642CURRENT US$
Rnk 24 / 196
2013-2023
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GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195

About

Turkey-Israel Trade: In 2023, Turkey exported $5.02B to Israel. The main products that Turkey exported to Israel were Cars ($315M), Cement ($282M), and Raw Iron Bars ($182M). Over the past 5 years the exports of Turkey to Israel have decreased at an annualized rate of 5.82%, from $6.78B in 2018 to $5.02B in 2023.

In 2009, Turkey exported services to Israel worth $131M, with Travel ($128M) and Other business services ($3.1M) being the largest in terms of value.

Israel-Turkey Trade: In 2023, Israel exported $1.74B to Turkey. The main products that Israel exported to Turkey were N/A. Over the past 5 years the exports of Israel to Turkey have decreased at an annualized rate of 3.18%,  from $2.04B in 2018 to $1.74B in 2023.

In 2012, Israel exported services to Turkey worth $0, with being the largest in terms of value.

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $5.02B to Israel. The main products exported from Turkey to Israel were Cars ($315M), Cement ($282M), and Raw Iron Bars ($182M). During the last 5 years the exports of Turkey to Israel have decreased at an annualized rate of 5.82%, from $6.78B in 2018 to $5.02B in 2023.

In 2018, Israel exported $1.74B to Turkey. There were not main exports from Israel to Turkey in 2018. During the last 5 years the exports of Israel to Turkey have decreased at an annualized rate of 3.18%, from $2.04B in 2023 to $1.74B in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Israel (Flag)

Turkey Exports

Israel Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
Israel
Top DestinationUnited States$20.3B

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

In 2023, countries that imported more from Turkey than Israel included Germany ($24.7B), United Arab Emirates ($14.7B), and United Kingdom ($15.1B).

In 2023, countries that imported more from Israel than Turkey included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Turkey - Israel

Flow
Scale

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

During 2023, Turkey had a large net trade with Israel in the exports of Metals ($1.06B), Machines ($654M), and Transportation ($469M).

During 2018, Israel had a large net trade with Turkey in the exports of Mineral Products ($631M), Chemical Products ($315M), and Metals ($257M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Israel+$59.5MCars
Top Product Potential Israel Turkey+$15.2MMedical Instruments

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

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

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