In November 2022 the top imports of Turkey were Mineral fuels, mineral oils and products. ($2.51B), Machinery, mechanical appliances, & parts ($1.91B), Electrical machinery and electronics ($1.17B), Precious stones, metals, & pearls ($982M), and Iron or steel articles ($853M). Trade In November 2022, the top exports of Turkey were Cars, tractors, trucks & parts thereof. Between November 2021 and November 2022 the exports of Turkey have decreased by $-272M (-1.34%) from $20.3B to $20.1B, while imports increased by $2.37B (9.13%) from $25.9B to $28.3B. Overview In November 2022 Turkey exported $20.1B and imported $28.3B, resulting in a negative trade balance of $8.24B. Location Turkey borders Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Iran, Iraq, and Syria by land and Cyprus, Egypt, Romania, Russia, and Ukraine by sea. In 2020, Turkey was the world's biggest importer of Scrap Iron ($6.01B), Non-Retail Synthetic Filament Yarn ($1.21B), Sunflower Seeds ($560M), Unprocessed Artificial Staple Fibers ($409M), and Looms ($334M) Imports The top imports of Turkey are Gold ($23.7B), Cars ($8.17B), Refined Petroleum ($6.13B), Scrap Iron ($6.01B), and Motor vehicles parts and accessories (8701 to 8705) ($5.84B), importing mostly from Germany ($24B), China ($22.1B), Russia ($13.1B), United States ($10.7B), and Italy ($8.94B). In 2020, Turkey was the world's biggest exporter of Raw Iron Bars ($2.6B), Hand-Woven Rugs ($2.22B), Wheat Flours ($949M), Marble, Travertine and Alabaster ($679M), and Stranded Copper Wire ($349M) The number 87 economy in terms of GDP per capita (current US$) and the number 38 most complex economy according to the Economic Complexity Index (ECI).Įxports The top exports of Turkey are Cars ($10.1B), Motor vehicles parts and accessories (8701 to 8705) ($4.59B), Delivery Trucks ($4.34B), Gold ($3.97B), and Refined Petroleum ($3.51B), exporting mostly to Germany ($16.3B), United Kingdom ($12.7B), United States ($10.3B), Iraq ($9.14B), and Italy ($8.23B). Overview In 2020, Turkey was the number 19 economy in the world in terms of GDP (current US$), the number 29 in total exports, the number 23 in total imports,
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