Turkey-United States Trade: In 2023, Turkey exported $15.9B to United States. The main products that Turkey exported to United States were Hand-Woven Rugs ($763M), Cement ($613M), and Motor vehicles; parts and accessories (8701 to 8705) ($590M). Over the past 5 years the exports of Turkey to United States have increased at an annualized rate of 9.49%, from $10.1B in 2018 to $15.9B in 2023.
In 2009, Turkey exported services to United States worth $533M, with Travel ($507M), Insurance services ($16.5M), and Other business services ($9.3M) being the largest in terms of value.
United States-Turkey Trade: In 2023, United States exported $16.6B to Turkey. The main products that United States exported to Turkey were Petroleum Gas ($1.9B), Scrap Iron ($1.84B), and Planes, Helicopters, and/or Spacecraft ($1.32B). Over the past 5 years the exports of United States to Turkey have increased at an annualized rate of 5.44%, from $12.7B in 2018 to $16.6B in 2023.
In 2017, United States exported services to Turkey worth $3.75B, with Transportation ($1.2B), Travel ($1.05B), and Financial services ($490M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).