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2022
Flag → Flag
Exports $3.28BRnk 21 / 219
2022
Flag → Flag
Top Product $479MRefined Petroleum
2022
Flag → Flag
Exports $3.02BRnk 3 / 191
2022
Flag → Flag
Top Product $666MSeed Oils
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
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Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
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GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
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GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Turkey-Ukraine Trade: In 2022, Turkey exported $3.28B to Ukraine. The main products that Turkey exported to Ukraine were Refined Petroleum ($479M), Planes, Helicopters, and/or Spacecraft ($177M), and Electric Generating Sets ($132M). Over the past 5 years the exports of Turkey to Ukraine have increased at an annualized rate of 16.7%, from $1.51B in 2017 to $3.28B in 2022.

In 2022, Turkey did not export any services to Ukraine.

Ukraine-Turkey Trade: In 2022, Ukraine exported $3.02B to Turkey. The main products that Ukraine exported to Turkey were Seed Oils ($666M), Wheat ($479M), and Corn ($299M). Over the past 5 years the exports of Ukraine to Turkey have increased at an annualized rate of 2.22%,  from $2.59B in 2017 to $3.02B in 2022.

In 2020, Ukraine exported services to Turkey worth $137M, with Transportation ($111M), Other business services ($9.66M), and Travel ($7.6M) 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $3.28B to Ukraine. The main products exported from Turkey to Ukraine were Refined Petroleum ($479M), Planes, Helicopters, and/or Spacecraft ($177M), and Electric Generating Sets ($132M). During the last 5 years the exports of Turkey to Ukraine have increased at an annualized rate of 16.7%, from $1.51B in 2017 to $3.28B in 2022.

In 2017, Ukraine exported $3.02B to Turkey. The main products exported from Ukraine to Turkey were Seed Oils ($666M), Wheat ($479M), and Corn ($299M). During the last 5 years the exports of Ukraine to Turkey have increased at an annualized rate of 2.22%, from $2.59B in 2022 to $3.02B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Ukraine (Flag)

Turkey Exports

Ukraine Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Ukraine
Top DestinationPoland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Turkey included Poland ($6.7B), Slovakia ($1.52B), and Hungary ($2.28B).

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

Comparative Advantage Turkey - Ukraine

Flow
Scale

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

During 2022, Turkey had a large net trade with Ukraine in the exports of Textiles ($604M), Mineral Products ($533M), and Machines ($391M).

During 2017, Ukraine had a large net trade with Turkey in the exports of Vegetable Products ($1.43B), Animal and Vegetable Bi-Products ($671M), and Metals ($447M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Ukraine+$35.2MCars
Top Product Potential Ukraine 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

In 2020, Ukraine exported services to Turkey worth $137M, with Transportation ($111M), Other business services ($9.66M), and Travel ($7.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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