2023
Flag  
GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Turkey-Italy Trade: In 2023, Turkey exported $12.6B to Italy. The main products that Turkey exported to Italy were Cars ($1.28B), Delivery Trucks ($734M), and Refined Petroleum ($550M). Over the past 5 years the exports of Turkey to Italy have increased at an annualized rate of 3.35%, from $10.7B in 2018 to $12.6B in 2023.

In 2009, Turkey exported services to Italy worth $401M, with Travel ($382M), Other business services ($17.6M), and Insurance services ($1.03M) being the largest in terms of value.

Italy-Turkey Trade: In 2023, Italy exported $15.1B to Turkey. The main products that Italy exported to Turkey were Jewellery ($1.01B), Motor vehicles; parts and accessories (8701 to 8705) ($596M), and Refined Petroleum ($445M). Over the past 5 years the exports of Italy to Turkey have increased at an annualized rate of 6.95%,  from $10.8B in 2018 to $15.1B in 2023.

In 2020, Italy exported services to Turkey worth $575M, with Transportation ($192M), Other business services ($129M), and Travel ($70M) 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $12.6B to Italy. The main products exported from Turkey to Italy were Cars ($1.28B), Delivery Trucks ($734M), and Refined Petroleum ($550M). During the last 5 years the exports of Turkey to Italy have increased at an annualized rate of 3.35%, from $10.7B in 2018 to $12.6B in 2023.

In 2018, Italy exported $15.1B to Turkey. The main products exported from Italy to Turkey were Jewellery ($1.01B), Motor vehicles; parts and accessories (8701 to 8705) ($596M), and Refined Petroleum ($445M). During the last 5 years the exports of Italy to Turkey have increased at an annualized rate of 6.95%, from $10.8B in 2023 to $15.1B in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Italy (Flag)

Turkey Exports

Italy Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Italy
Top Destination
Germany$71.4B

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

In 2023, countries that imported more from Turkey than Italy included Iraq ($12.8B), United Arab Emirates ($14.7B), and Russia ($10.8B).

In 2023, countries that imported more from Italy than Turkey included United States ($70.9B), France ($61.1B), and Germany ($71.4B).

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

Comparative Advantage Turkey - Italy

Flow
Scale

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

During 2023, Turkey had a large net trade with Italy in the exports of Transportation ($3.32B), Machines ($1.79B), and Metals ($1.7B).

During 2018, Italy had a large net trade with Turkey in the exports of Machines ($4.64B), Transportation ($1.8B), and Precious Metals ($1.34B).

Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Italy worth $401M, with Travel ($382M), Other business services ($17.6M), and Insurance services ($1.03M) being the largest in terms of value.

In 2020, Italy exported services to Turkey worth $575M, with Transportation ($192M), Other business services ($129M), and Travel ($70M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Italy (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 Italy. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Turkey.

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

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