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Turkey is the 29th largest export economy in the world. In 2016, Turkey exported $156B and imported $186B, resulting in a negative trade balance of $29.6B. In 2016 the GDP of Turkey was $863B and its GDP per capita was $25.2k.

The top exports of Turkey are Gold ($12B), Cars ($9.4B), Delivery Trucks ($5.17B), Vehicle Parts ($4.4B) and Knit T-shirts ($3.17B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($10.3B), Refined Petroleum ($7.27B), Gold ($6.48B), Vehicle Parts ($5.24B) and Planes, Helicopters, and/or Spacecraft ($4.23B).

The top export destinations of Turkey are Germany ($16.2B), the United Kingdom ($15.2B), Italy ($8.26B), the United States ($7.69B) and Iraq ($7.63B). The top import origins are China ($25B), Germany ($22.4B), Russia ($10.4B), Italy ($10.3B) and the United States ($10.3B).

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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