The most dynamic and diversified economy in the world: Turkey right now is emerging as a leading global trade destination over the years because of the increasing domestic necessities and growing global trade demands from the trade management authorities of the nation. The strategic location of the nation along the crossroads of Europe and Asia and the competitive pricing strategies accompanied by the political stability with leading trade destinations worldwide are the reasons that facilitate the growing trade rates of Turkey.

The growing domestic necessities of the nation have recorded severe changes in the import trade growth from 2020 to 2024 with a rate of 6.4%, 7.5%, 9%, 10.8% and 12% CAGR. Similar to that the export trade demographics of the nation have also acknowledged severe positive outgrowths in its annual export revenue from 2020 to 2024 by a rate of 6%, 8.1%, 9.5%, 11%, and 13% CAGR.

Import Trade Statistics of Turkey From 2020 to 2024

1. Import trade value of Turkey in 2020 - 129 billion US dollars
2. Import trade value of Turkey in 2021 - 152 billion US dollars
3. Import trade value of Turkey in 2022 - 184 billion US dollars
4. Import trade value of Turkey in 2023 - 220 billion US dollars
5. Import trade value of Turkey in 2024 - 225 billion US dollars

Export Trade Statistics of Turkey From 2020 to 2024

1. The export trade value of Turkey in 2020 - 180 billion US dollars

2. The export trade value of Turkey in 2021 - 191 billion US dollars

3. The export trade value of Turkey in 2022 - 176 billion US dollars

4. The export trade value of Turkey in 2023 - 232 billion US dollars

5. The export trade value of Turkey in 2024 - 268 billion US dollars

Top Imported Goods of Turkey

1. Crude Petroleum - Import trade value of Crude Petroleum in 2023 - 54 billion US dollars.

2. Refined Petroleum - Import trade value of Refined Petroleum in 2023 - 43 billion US dollars.

3. Gold - Import trade value of Gold in 2023 - 32 billion US dollars.

4. Cars - Import trade value of Cars in 2023 - 28 billion US dollars.

5. Vehicle Parts - Import trade value of Vehicle Parts in 2023 - 22 billion US dollars.

6. Broadcasting Equipments - Import trade value of Broadcasting Equipments in 2023 - 20 billion US dollars.

7. Packaged Medicaments - Import trade value of Packaged Medicaments in 2023 - 16 billion US dollars.

8. Computers - Import trade value of Computers in 2023 - 14 billion US dollars.

9. Iron Ore - Import trade value of Iron Ore in 2023 - 12 billion US dollars.

10. Coal Briquettes - Import trade value of Coal Briquettes in 2023 - 10 billion US dollars.

Top Import Trade Partners of Turkey

1. China - As per the China Export Data, the valuation of Turkey's import from China in 2023 - 76 billion US dollars.

Imported product Variants

• Industrial machinery
• Passenger cars
• Automotive goods
• Coal briquettes
• Textiles

2. Germany - As per the Germany Export Data, the valuation of Turkey's import from Germany in 2023 - 52 billion US dollars.

Imported product Variants

• Ethylene
• Propylene
• Ceramic products
• Mineral ores
• Essential oils

3. Russia - As per the Russia Export Data, the valuation of Turkey's import from Russia in 2023 - 41 billion US dollars.

Imported product Variants

• Automotive goods
• Textiles
• Essential mineral fuels
• Ceramic products
• Kerosene

4. United States - As per the USA Export Data, the valuation of Turkey's import from the United States in 2023 - 38 billion US dollars.

Imported product Variants

• Vehicles
• Electrical machineries
• Mineral fuels
• Soybean oils
• Iron and steel articles

5. Italy - As per the Italy Export Data, the valuation of Turkey's import from Italy in 2023 - 28 billion US dollars.

Imported product Variants

• Plastic articles
• Metallic ores
• Automotive goods
• Ceramic good
• Textiles

6. South Korea - As per the South Korea Export Data, the valuation of Turkey's import from South Korea in 2023 - 24 billion US dollars.

Imported product Variants

• Metallic goods
• Iron and steel articles
• Textiles and articles
• Soybean oils
• Staple food products

7. France - As per the France Export Data, the valuation of Turkey's import from France in 2023 - 22 billion US dollars.

Imported product Variants

• Beverages
• Staple food products
• Construction Equipment
• Luxurious goods
• Fruits and vegetables

8. Iran - As per the Iran Export Data, the valuation of Turkey's import from Iran in 2023 - 18 billion US dollars.

Imported product Variants

• Agricultural goods
• Iron and steel articles
• Metallic equipment
• Machinery including computers
• IT services

9. India - As per the India Export Data, the valuation of Turkey imports from India in 2023 - 14 billion US dollars.

Imported product Variants.

• Telecommunication equipment
• Cereals
• Luxurious goods
• Soybean oils
• Plastic articles

10. United Kingdom - As per the United Kingdom Export Data, the valuation of Turkey's import from the United Kingdom in 2023 - 12 billion US dollars.

Imported product Variants

• Mineral fuels
• Metallic ores
• Medicaments
• Electrical equipments
• Cereals

Top Exported Goods of Turkey

1. Vehicles - Export trade value of Vehicles in 2023 - 65 billion US dollars.

2. Machinery - Export trade value of Machinery in 2023 - 45 billion US dollars.

3. Clothing - Export trade value of Clothing in 2023 - 37 billion US dollars.

4. Iron and Steel Products - Export trade value of Iron and Steel Products in 2023 - 32 billion US dollars.

5. Electrical Machinery - Export trade value of Electrical Machinery in 2023 - 27 billion US dollars.

6. Ships & Boats - Export trade value of Ships & Boats in 2023 - 24 billion US dollars.

7. Plastics - Export trade value of Plastics in 2023 - 22 billion US dollars.

8. Precious Stones and Metals - Export trade value of Precious Stones and Metals in 2023 - 18 billion US dollars.

9. Fruits & Nuts - Export trade value of Fruits & Nuts in 2023 - 16 billion US dollars.

10. Textile Yarn & Fabrics - Export trade value of Textile Yarn & Fabrics in 2023 - 14 billion US dollars.

Top Export Trade Partners of Turkey

1. Germany - As per the Germany Import Data, the valuation of Turkey's export in 2023 - 81 billion US dollars.

Exported product Variants

• Mineral fuels and oil
• Automotive goods
• Essential oils
• Textile
• Plastic articles

2. United Kingdom - As per the United Kingdom Import Data, the valuation of Turkey's export in 2023 - 58 billion US dollars.

Exported product Variants

• Soybean oil
• Vehicles
• Paper pulp
• Iron and steel articles
• Metallic ore

3. Italy - As per the Italy Import Data, the valuation of Turkey's export in 2023 - 45 billion US dollars.

Exported product Variants

• Telecommunication services
• Textiles
• Plastics
• Luxury metals
• Synthetic fibers

4. United States - As per the USA Import Data, the valuation of Turkey's export in 2023 - 32 billion US dollars.

Exported product Variants

• IT services
• Plastic articles
• Mineral fuels
• Essential oils
• Staple food products

5. Iraq - As per the Iraq Import Data, the valuation of Turkey's export in 2023 - 28 billion US dollars.

Exported product Variants

• Beverages
• Cereals
• Ceramic products
• Sunflower seeds
• Mineral fuels

6. France - As per the France Import Data, the valuation of Turkey's export in 2023 - 18 billion US dollars.

Exported product Variants

• Coke
• Petroleum fuels
• Peat
• Iron ore
• Luxurious goods

7. Spain - As per the Spain Import Data, the valuation of Turkey's export in 2023 - 15 billion US dollars.

Exported product Variants

• Coal tar
• Metallic ores
• Iron and steel products
• Ethylene
• Generators

8. Netherlands - As per the Netherlands Import Data, the valuation of Turkey's export in 2023 - 14 billion US dollars.

Exported product Variants

• Electrical equipments
• Transportation goods
• Plastic articles
• Staple food products
• Beverages

9. Israel - As per the Israel Import Data, the valuation of Turkey's export in 2023 - 12 billion US dollars.

Exported product Variants

• Textiles
• Iron and steel articles
• Ceramic products
• Synthetic fibers
• Gold and silver

10. UAE - As per the UAE Import Data, the valuation of Turkey's export in 2023 - 8 billion US dollars.

Exported product Variants

• Essential oils
• Mineral fuels
• Household appliances
• Machinery including computers
• Textiles

FAQ'S

Que. What is the top imported product of Turkey in 2023?
Ans. The top imported product of Turkey in 2023 is Crude petroleum.

Que. Who is the top export trade partner of Turkey in 2023?
Ans. Germany is the top export trade partner of Turkey in 2023.

Que. What is the top exported product of Turkey in 2023?
Ans. Vehicles are the top exported product of Turkey in 2023.

Que. Where can you get a detailed trade analysis of Turkey’s import and export trade in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of Turkey's import and export trade in 2023.

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