2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 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
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Turkey-Sweden Trade: In 2022, Turkey exported $1.75B to Sweden. The main products that Turkey exported to Sweden were Cars ($200M), Iron Structures ($71.6M), and Chromium Ore ($66.2M). Over the past 5 years the exports of Turkey to Sweden have increased at an annualized rate of 2.84%, from $1.52B in 2017 to $1.75B in 2022.

In 2009, Turkey exported services to Sweden worth $275M, with Travel ($272M) and Other business services ($3.1M) being the largest in terms of value.

Sweden-Turkey Trade: In 2022, Sweden exported $2.04B to Turkey. The main products that Sweden exported to Turkey were Iron Ore ($295M), Cars ($185M), and Kaolin Coated Paper ($142M). Over the past 5 years the exports of Sweden to Turkey have increased at an annualized rate of 3.15%,  from $1.74B in 2017 to $2.04B in 2022.

In 2020, Sweden exported services to Turkey worth $191M, with Personal, cultural, and recreational services ($60.1M), Computer and information services ($45.8M), and Transportation ($31.1M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $1.75B to Sweden. The main products exported from Turkey to Sweden were Cars ($200M), Iron Structures ($71.6M), and Chromium Ore ($66.2M). During the last 5 years the exports of Turkey to Sweden have increased at an annualized rate of 2.84%, from $1.52B in 2017 to $1.75B in 2022.

In 2017, Sweden exported $2.04B to Turkey. The main products exported from Sweden to Turkey were Iron Ore ($295M), Cars ($185M), and Kaolin Coated Paper ($142M). During the last 5 years the exports of Sweden to Turkey have increased at an annualized rate of 3.15%, from $1.74B in 2022 to $2.04B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Sweden (Flag)

Turkey Exports

Sweden Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Turkey than Sweden included Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

In 2022, countries that imported more from Sweden than Turkey included Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

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

Comparative Advantage Turkey - Sweden

Flow
Scale

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

During 2022, Turkey had a large net trade with Sweden in the exports of Machines ($366M), Textiles ($347M), and Transportation ($325M).

During 2017, Sweden had a large net trade with Turkey in the exports of Machines ($380M), Metals ($365M), and Paper Goods ($349M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Sweden+$92.9MCars
Top Product Potential Sweden Turkey+N/AN/A

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 Sweden worth $275M, with Travel ($272M) and Other business services ($3.1M) being the largest in terms of value.

In 2020, Sweden exported services to Turkey worth $191M, with Personal, cultural, and recreational services ($60.1M), Computer and information services ($45.8M), and Transportation ($31.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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