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2022
Flag → Flag
Exports $9.24BRnk 8 / 219
2022
Flag → Flag
Top Product $430MCitrus
2022
Flag → Flag
Exports $25.3BRnk 4 / 138
2022
Flag → Flag
Top Product $6.51BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 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$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Turkey-Russia Trade: In 2022, Turkey exported $9.24B to Russia. The main products that Turkey exported to Russia were Citrus ($430M), Motor vehicles; parts and accessories (8701 to 8705) ($329M), and Pitted Fruits ($298M). Over the past 5 years the exports of Turkey to Russia have increased at an annualized rate of 23.8%, from $3.18B in 2017 to $9.24B in 2022.

In 2009, Turkey exported services to Russia worth $1.23B, with Travel ($1.22B), Other business services ($9.3M), and Insurance services ($7.23M) being the largest in terms of value.

Russia-Turkey Trade: In 2022, Russia exported $25.3B to Turkey. The main products that Russia exported to Turkey were Refined Petroleum ($6.51B), Coal Briquettes ($3.2B), and Wheat ($2.05B). Over the past 5 years the exports of Russia to Turkey have increased at an annualized rate of 13.3%,  from $13.6B in 2017 to $25.3B in 2022.

In 2020, Russia exported services to Turkey worth $953M, with Construction services ($449M), Transportation ($235M), and Other business services ($191M) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $9.24B to Russia. The main products exported from Turkey to Russia were Citrus ($430M), Motor vehicles; parts and accessories (8701 to 8705) ($329M), and Pitted Fruits ($298M). During the last 5 years the exports of Turkey to Russia have increased at an annualized rate of 23.8%, from $3.18B in 2017 to $9.24B in 2022.

In 2017, Russia exported $25.3B to Turkey. The main products exported from Russia to Turkey were Refined Petroleum ($6.51B), Coal Briquettes ($3.2B), and Wheat ($2.05B). During the last 5 years the exports of Russia to Turkey have increased at an annualized rate of 13.3%, from $13.6B in 2022 to $25.3B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Russia (Flag)

Turkey Exports

Russia Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Turkey than Russia included Iraq ($13.7B), United Kingdom ($13.7B), and Israel ($7B).

In 2022, countries that imported more from Russia than Turkey included China ($101B), India ($40.4B), and Kazakhstan ($16.5B).

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

Comparative Advantage Turkey - Russia

Flow
Scale

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

During 2022, Turkey had a large net trade with Russia in the exports of Machines ($2.19B), Vegetable Products ($1.29B), and Chemical Products ($879M).

During 2017, Russia had a large net trade with Turkey in the exports of Mineral Products ($10.1B), Metals ($6.8B), and Vegetable Products ($2.95B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Russia+$105MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Russia Turkey+$294MGold

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

Tur Year

In 2009, Turkey exported services to Russia worth $1.23B, with Travel ($1.22B), Other business services ($9.3M), and Insurance services ($7.23M) being the largest in terms of value.

In 2020, Russia exported services to Turkey worth $953M, with Construction services ($449M), Transportation ($235M), and Other business services ($191M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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