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2022
Flag → Flag
Exports $1.53BRnk 42 / 219
2022
Flag → Flag
Top Product $149MCars
2022
Flag → Flag
Exports $1.11BRnk 11 / 208
2022
Flag → Flag
Top Product $227MPolycarboxylic Acids
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Turkey-Portugal Trade: In 2022, Turkey exported $1.53B to Portugal. The main products that Turkey exported to Portugal were Cars ($149M), Non-Retail Pure Cotton Yarn ($132M), and Buses ($110M). Over the past 5 years the exports of Turkey to Portugal have increased at an annualized rate of 12.9%, from $833M in 2017 to $1.53B in 2022.

In 2008, Turkey exported services to Portugal worth $946k, with Other business services ($946k) being the largest in terms of value.

Portugal-Turkey Trade: In 2022, Portugal exported $1.11B to Turkey. The main products that Portugal exported to Turkey were Polycarboxylic Acids ($227M), Cars ($191M), and Sulfate Chemical Woodpulp ($85.2M). Over the past 5 years the exports of Portugal to Turkey have increased at an annualized rate of 14.5%,  from $567M in 2017 to $1.11B in 2022.

In 2020, Portugal exported services to Turkey worth $9.14M, with Travel ($9.14M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $1.53B to Portugal. The main products exported from Turkey to Portugal were Cars ($149M), Non-Retail Pure Cotton Yarn ($132M), and Buses ($110M). During the last 5 years the exports of Turkey to Portugal have increased at an annualized rate of 12.9%, from $833M in 2017 to $1.53B in 2022.

In 2017, Portugal exported $1.11B to Turkey. The main products exported from Portugal to Turkey were Polycarboxylic Acids ($227M), Cars ($191M), and Sulfate Chemical Woodpulp ($85.2M). During the last 5 years the exports of Portugal to Turkey have increased at an annualized rate of 14.5%, from $567M in 2022 to $1.11B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Portugal (Flag)

Turkey Exports

Portugal Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Turkey included Spain ($20.5B), Angola ($1.59B), and Gibraltar ($561M).

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

Comparative Advantage Turkey - Portugal

Flow
Scale

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

During 2022, Turkey had a large net trade with Portugal in the exports of Transportation ($438M), Textiles ($268M), and Metals ($222M).

During 2017, Portugal had a large net trade with Turkey in the exports of Chemical Products ($263M), Transportation ($251M), and Paper Goods ($215M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Portugal+$55.1MCars
Top Product Potential Portugal Turkey+$69.4MCars

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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Bilateral Service Trade

In 2008, Turkey exported services to Portugal worth $946k, with Other business services ($946k) being the largest in terms of value.

In 2020, Portugal exported services to Turkey worth $9.14M, with Travel ($9.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Portugal (Flag) (2008)

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

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

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