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Pricing

2022
Flag → Flag
Exports $1.12BRnk 48 / 219
2022
Flag → Flag
Top Product $160MJewellery
2022
Flag → Flag
Exports $1.01BRnk 27 / 156
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

Turkey-Mexico Trade: In 2022, Turkey exported $1.12B to Mexico. The main products that Turkey exported to Mexico were Jewellery ($160M), Motor vehicles; parts and accessories (8701 to 8705) ($151M), and Other Large Iron Pipes ($49.2M). Over the past 5 years the exports of Turkey to Mexico have increased at an annualized rate of 15.7%, from $541M in 2017 to $1.12B in 2022.

In 2022, Turkey did not export any services to Mexico.

Mexico-Turkey Trade: In 2022, Mexico exported $1.01B to Turkey. The main products that Mexico exported to Turkey were N/A. Over the past 5 years the exports of Mexico to Turkey have increased at an annualized rate of 4.6%,  from $807M in 2017 to $1.01B in 2022.

In 2022, Mexico did not export any services to Turkey.

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $1.12B to Mexico. The main products exported from Turkey to Mexico were Jewellery ($160M), Motor vehicles; parts and accessories (8701 to 8705) ($151M), and Other Large Iron Pipes ($49.2M). During the last 5 years the exports of Turkey to Mexico have increased at an annualized rate of 15.7%, from $541M in 2017 to $1.12B in 2022.

In 2017, Mexico exported $1.01B to Turkey. There were not main exports from Mexico to Turkey in 2017. During the last 5 years the exports of Mexico to Turkey have increased at an annualized rate of 4.6%, from $807M in 2022 to $1.01B in 2017.

Exports from Turkey (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to Turkey (Flag) (2022)

Latest Data

Trade between Turkey (Flag) and Mexico (Flag)

Turkey Exports

Mexico Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Mexico
Top DestinationUnited States$421B

This map shows whether countries import more from Turkey or Mexico. Each country is colored based on the difference in imports they receive from Turkey and Mexico or the difference in the growth in imports.

In 2022, countries that imported more from Turkey than Mexico included Germany ($21.9B), Iraq ($13.7B), and Italy ($12.6B).

In 2022, countries that imported more from Mexico than Turkey included United States ($421B), Canada ($22.2B), and China ($12.7B).

Difference in imports from Mexico (Flag) and Turkey (Flag) (2022)

Comparative Advantage Turkey - Mexico

Flow
Scale

This chart compares trade between Turkey and Mexico by product, considering products traded by both, Turkey and Mexico.

During 2022, Turkey had a large net trade with Mexico in the exports of Metals ($221M), Transportation ($215M), and Machines ($197M).

During 2017, Mexico had a large net trade with Turkey in the exports of Machines ($266M), Transportation ($157M), and Instruments ($120M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Mexico+$135MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Mexico Turkey+$162MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turkey and Mexico. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Turkey.

Product Space of Turkey (Flag) and Mexico (Flag) (2022)

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