Turkey (TUR) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Turkey-Australia Trade: In 2022, Turkey exported $1.02B to Australia. The main products that Turkey exported to Australia were Delivery Trucks ($57.8M), Building Stone ($55.4M), and Jewellery ($42.9M). Over the past 5 years the exports of Turkey to Australia have increased at an annualized rate of 10.7%, from $615M in 2017 to $1.02B in 2022.

In 2009, Turkey exported services to Australia worth $146M, with Travel ($146M) being the largest in terms of value.

Australia-Turkey Trade: In 2022, Australia exported $1.36B to Turkey. The main products that Australia exported to Turkey were Coal Briquettes ($865M), Raw Cotton ($215M), and Gold ($51.2M). Over the past 5 years the exports of Australia to Turkey have decreased at an annualized rate of 13.5%, from $2.81B in 2017 to $1.36B in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $1.02B to Australia. The main products exported from Turkey to Australia were Delivery Trucks ($57.8M), Building Stone ($55.4M), and Jewellery ($42.9M). During the last 5 years the exports of Turkey to Australia have increased at an annualized rate of 10.7%, from $615M in 2017 to $1.02B in 2022.

In 2017, Australia exported $1.36B to Turkey. The main products exported from Australia to Turkey were Coal Briquettes ($865M), Raw Cotton ($215M), and Gold ($51.2M). During the last 5 years the exports of Australia to Turkey have decreased at an annualized rate of 13.5%, from $2.81B in 2022 to $1.36B in 2017.

Exports from Turkey () to Australia () (2022)

Exports from Australia () to Turkey () (2022)

Latest Data

Trade between Turkey () and Australia ()

Turkey Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Turkey than Australia included Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

In 2022, countries that imported more from Australia than Turkey included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Turkey - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Australia in the exports of Machines ($198M), Metals ($153M), and Textiles ($123M).

During 2017, Australia had a large net trade with Turkey in the exports of Mineral Products ($882M), Textiles ($219M), and Metals ($63.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey Australia+$46.4MDelivery Trucks

Top Product Potential Australia Turkey+$147MCoal Briquettes

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Australia () (2022)

Exports from Australia () to Turkey () (2022)

Latest Data

Trade between Turkey () and Australia ()

Turkey Exports

Australia Exports

Market Competitiveness

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

Comparative Advantage Turkey - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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