Turkey / Belgium

Turkey-Belgium Trade: In 2022, Turkey exported $4.72B to Belgium. The main products that Turkey exported to Belgium were Delivery Trucks ($494M), Cars ($348M), and Coal Tar Oil ($223M). Over the past 5 years the exports of Turkey to Belgium have increased at an annualized rate of 7.45%, from $3.29B in 2017 to $4.72B in 2022.

In 2009, Turkey exported services to Belgium worth $351M, with Travel ($345M), Other business services ($5.16M), and Insurance services ($1.03M) being the largest in terms of value.

Belgium-Turkey Trade: In 2022, Belgium exported $5.06B to Turkey. The main products that Belgium exported to Turkey were Scrap Iron ($621M), Packaged Medicaments ($189M), and Looms ($187M). Over the past 5 years the exports of Belgium to Turkey have increased at an annualized rate of 4.45%,  from $4.07B in 2017 to $5.06B in 2022.

In 2020, Belgium exported services to Turkey worth $340M, with Other business services ($137M), Transportation ($135M), and Communications services ($18.3M) being the largest in terms of value.

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).