Turkey (TUR) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Turkey-Thailand Trade: In 2022, Turkey exported $330M to Thailand. The main products that Turkey exported to Thailand were Carbonates ($67.6M), Jewellery ($13.9M), and Non-fillet Frozen Fish ($12.4M). Over the past 5 years the exports of Turkey to Thailand have increased at an annualized rate of 9.45%, from $210M in 2017 to $330M in 2022.

In 2009, Turkey exported services to Thailand worth $0, with being the largest in terms of value.

Thailand-Turkey Trade: In 2022, Thailand exported $1.66B to Turkey. The main products that Thailand exported to Turkey were Cars ($335M), Rubber ($203M), and Air Conditioners ($102M). Over the past 5 years the exports of Thailand to Turkey have decreased at an annualized rate of 1.41%, from $1.78B in 2017 to $1.66B in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $330M to Thailand. The main products exported from Turkey to Thailand were Carbonates ($67.6M), Jewellery ($13.9M), and Non-fillet Frozen Fish ($12.4M). During the last 5 years the exports of Turkey to Thailand have increased at an annualized rate of 9.45%, from $210M in 2017 to $330M in 2022.

In 2017, Thailand exported $1.66B to Turkey. The main products exported from Thailand to Turkey were Cars ($335M), Rubber ($203M), and Air Conditioners ($102M). During the last 5 years the exports of Thailand to Turkey have decreased at an annualized rate of 1.41%, from $1.78B in 2022 to $1.66B in 2017.

Exports from Turkey () to Thailand () (2022)

Exports from Thailand () to Turkey () (2022)

Latest Data

Trade between Turkey () and Thailand ()

Turkey Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Thailand
Top DestinationUnited States$53.4B

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

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

In 2022, countries that imported more from Thailand than Turkey included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

Difference in imports from Thailand () and Turkey () (2022)

Comparative Advantage Turkey - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Thailand in the exports of Chemical Products ($107M), Machines ($63M), and Textiles ($26.4M).

During 2017, Thailand had a large net trade with Turkey in the exports of Machines ($429M), Transportation ($401M), and Plastics and Rubbers ($389M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Turkey () to Thailand () (2022)

Exports from Thailand () to Turkey () (2022)

Latest Data

Trade between Turkey () and Thailand ()

Turkey Exports

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Turkey () (2022)

Comparative Advantage Turkey - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Turkey () and Thailand () (2022)

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