The main articles are:
Trade with Russia
Main article: Trade between Russia and Turkey
2024
4th place in the import of goods from Iran ($6.09 billion)
At the end of 2024, Turkey took 4th place in the import of goods from Iran. This is stated in the materials of the World Trade Organization (WTO), which TAdviser got acquainted with at the end of January 2026. more here
4th in the world in terms of trade deficit: - $86.3 billion
The 10 countries with the highest trade deficits in 2024:
1. US: - $1.1 trillion
2. India: - $245.5 billion
3. Britain: - $233.1 billion
4. Turkey: - $86.3 billion
5. France: - $82.3 billion
6. Philippines: - $65.9 billion
7. Japan: - $47.9 billion
8. Spain: - $37.5 billion
9. Greece: - $35.7 billion
10. Romania: - $31.3 billion
World Bank data, net trade balance.
13th in the world in terms of gold trade
Third place in trade with Iran with a turnover of $8.8 billion
High level of exports to Central Asia
Stopping exports to Israel demanding more humanitarian aid to Palestine
Turkey's exports to Israel virtually ceased in May 2024, after President Erdogan's government halted trade until Gaza, in which Israel is conducting a punitive operation, received enough humanitarian aid.
Deliveries to Israel fell 99% year-on-year to $4.4 million.
2023
Turkey's annual exports grew by 0.6% and reached a record $256 billion thanks to Russia
At the end of 2023, Turkey's exports reached about $256 billion, which is a new record. This is 0.6% more compared to the result for 2022. Such data are given in the materials of the National Institute of Statistics of the country, which TAdviser got acquainted with in early November 2024.
 | Thus, this figure [export indicator] exceeded the target of our medium-term program of $255 billion. Turkey has more than enough opportunities to further increase exports, - said the President of the Republic Recep Tayyip Erdogan, commenting on the demonstrated indicators. |  |
In the first place in exports from Turkey in 2023 was Germany with a result of $21.09 billion. This is followed by the United States with $14.826 billion, Iraq with $12.786 billion, Britain with $12.468 billion and Italy with $12.381 billion. Exports to these five states at the end of 2023 amounted to 28.8% of the total supply.
It is also noted that the main export growth in 2023 fell on Russia and Saudi Arabia. According to RIA Novosti, citrus fruits, spare parts and trailers became the key export goods in Turkey's trade with Russia, and oil products, gas, oil, iron and steel in imports. In particular, at the end of 2023, Turkey sold the most citrus fruits to Russia - the volume of their supplies in monetary terms amounted to $426 million. In addition, the list of goods in demand by Russia includes auto parts with sales of almost $404 million and trailers with $275 million.
Oil oils (worth about $227 million), stone oils, for example, apricots, plums and cherries ($226 million) and fish ($220 million) were also actively supplied from Turkey to Russia. The top ten products in demand included bulldozers ($205 million), centrifuges ($170 million), resins ($137 million) and women's clothing (almost $124 million).[1]
Merchant fleet - 1.2 thousand ships
8th in the world in terms of wheat exports
2022
G7 countries are the main export destination
Germany is the largest export destination
Exports up 12.9% to reach record $254.2 billion by 198 billion euros
Turkey Exports at the end of 2022 reached a record 254.2 billion, dollars showing an increase of 12.9%; the goal is to get into the top ten exporters in the world, said President Erdogan.
The EU is the largest trading partner: 26% of imports and 41% of exports worth 198 billion euros
Turkey is the EU's seventh largest trading partner. At the same time, the EU is Turkey's largest partner in the import and export of goods. In 2022, 26% of goods imports to Turkey were delivered from the EU, and 41% of goods exports to the EU.
The total trade in goods between the EU and Turkey in 2022 amounted to 198.1 billion euros (3.6% of the total EU trade with the world).
2021: Exports rise 33% to record $225 billion
The volume of Turkish exports at the end of 2021 reached a historical mark of $225.4 billion - 33% more than in 2020.
In 2021, export volumes in monetary terms increased immediately in 26 sectors of the Turkish economy - for example, a noticeable increase was recorded in the automotive industry ($29.3 billion, + 15% compared to 2020) and in the chemical industry ($25.3 billion, + 39%). Steel exports grew by 77.4% at once - to 22.4 billion US dollars.
2020
Import of garbage from the EU - 13.7 million tons
Turkey controls 57% of the global boron market
According to the Minister of Energy and Natural Resources of Turkey Fatih Donmez, boron exports in 2020 reached 5.8 million tons. China should become a key market after the opening of direct rail links. At this time, Turkey occupies 57% of the world market.
2018: Clothing exports - $16 billion
See also
- Russia's Foreign Trade
- China's foreign trade
- German Foreign Trade
- French foreign trade
- US Foreign Trade
Notes
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |