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Turkey is the 25th largest export economy in the world and the 38th most complex economy according to the Economic Complexity Index (ECI). In 2016, Turkey exported $139B and imported $188B, resulting in a negative trade balance of $49.1B. In 2016 the GDP of Turkey was $857B and its GDP per capita was $24.2k.

The top exports of Turkey are Cars ($8.32B), Gold ($8.25B), Delivery Trucks ($4.57B), Vehicle Parts ($3.81B) and Jewellery ($3.75B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($9.8B), Unspecified ($9.6B), Refined Petroleum ($7.34B), Gold ($6.45B) and Vehicle Parts ($5.09B).

The top export destinations of Turkey are Germany ($14B), the United Kingdom ($11.7B), Iraq ($7.64B), Italy ($7.58B) and the United States ($6.62B). The top import origins are Germany ($24.9B), China ($16.7B), Russia ($13.7B), Italy ($10.6B) and the United States ($9.4B).

Turkey borders Armenia, Azerbaijan, Georgia, Iran, Iraq, Syria, Bulgaria and Greece by land and Egypt, Cyprus, Romania, Russia and Ukraine by sea.

Economic Complexity of Turkey

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