NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $1.29BRnk 43 / 216
2023
Flag → Flag
Top Product $87.6MCars
2023
Flag → Flag
Exports $1.51BRnk 13 / 211
2023
Flag → Flag
Top Product $400MCars
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 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$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Turkey-Portugal Trade: In 2023, Turkey exported $1.29B to Portugal. The main products that Turkey exported to Portugal were Cars ($87.6M), Tractors ($78.5M), and Non-Retail Pure Cotton Yarn ($75.1M). Over the past 5 years the exports of Turkey to Portugal have increased at an annualized rate of 2.64%, from $1.13B in 2018 to $1.29B in 2023.

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 2023, Portugal exported $1.51B to Turkey. The main products that Portugal exported to Turkey were Cars ($400M), Uncoated Paper ($114M), and Motor vehicles; parts and accessories (8701 to 8705) ($88.6M). Over the past 5 years the exports of Portugal to Turkey have increased at an annualized rate of 14.4%,  from $771M in 2018 to $1.51B in 2023.

In 2020, Portugal exported services to Turkey worth $9.14M, with Travel ($9.14M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $1.29B to Portugal. The main products exported from Turkey to Portugal were Cars ($87.6M), Tractors ($78.5M), and Non-Retail Pure Cotton Yarn ($75.1M). During the last 5 years the exports of Turkey to Portugal have increased at an annualized rate of 2.64%, from $1.13B in 2018 to $1.29B in 2023.

In 2018, Portugal exported $1.51B to Turkey. The main products exported from Portugal to Turkey were Cars ($400M), Uncoated Paper ($114M), and Motor vehicles; parts and accessories (8701 to 8705) ($88.6M). During the last 5 years the exports of Portugal to Turkey have increased at an annualized rate of 14.4%, from $771M in 2023 to $1.51B in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Portugal (Flag)

Turkey Exports

Portugal Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
Portugal
Top DestinationSpain$17.7B

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 2023, countries that imported more from Turkey than Portugal included Germany ($24.7B), United Arab Emirates ($14.7B), and Iraq ($12.8B).

In 2023, countries that imported more from Portugal than Turkey included Spain ($17.7B), Angola ($1.64B), and Cape Verde ($536M).

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

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 2023, Turkey had a large net trade with Portugal in the exports of Transportation ($351M), Machines ($212M), and Textiles ($180M).

During 2018, Portugal had a large net trade with Turkey in the exports of Transportation ($505M), Machines ($308M), and Paper Goods ($209M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms