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Pricing

2022
Flag → Flag
Exports $3.02BRnk 3 / 191
2022
Flag → Flag
Top Product $666MSeed Oils
2022
Flag → Flag
Exports $3.28BRnk 21 / 219
2022
Flag → Flag
Top Product $479MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
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Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Ukraine-Turkey Trade: In 2022, Ukraine exported $3.02B to Turkey. The main products that Ukraine exported to Turkey were Seed Oils ($666M), Wheat ($479M), and Corn ($299M). Over the past 5 years the exports of Ukraine to Turkey have increased at an annualized rate of 3.12%, from $2.59B in 2017 to $3.02B in 2022.

In 2020, Ukraine exported services to Turkey worth $137M, with Transportation ($111M), Other business services ($9.66M), and Travel ($7.6M) being the largest in terms of value.

Turkey-Ukraine Trade: In 2022, Turkey exported $3.28B to Ukraine. The main products that Turkey exported to Ukraine were Refined Petroleum ($479M), Planes, Helicopters, and/or Spacecraft ($177M), and Electric Generating Sets ($132M). Over the past 5 years the exports of Turkey to Ukraine have increased at an annualized rate of 16.7%,  from $1.51B in 2017 to $3.28B in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $3.02B to Turkey. The main products exported from Ukraine to Turkey were Seed Oils ($666M), Wheat ($479M), and Corn ($299M). During the last 5 years the exports of Ukraine to Turkey have increased at an annualized rate of 3.12%, from $2.59B in 2017 to $3.02B in 2022.

In 2017, Turkey exported $3.28B to Ukraine. The main products exported from Turkey to Ukraine were Refined Petroleum ($479M), Planes, Helicopters, and/or Spacecraft ($177M), and Electric Generating Sets ($132M). During the last 5 years the exports of Turkey to Ukraine have increased at an annualized rate of 16.7%, from $1.51B in 2022 to $3.28B in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Turkey (Flag)

Ukraine Exports

Turkey Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Ukraine than Turkey included Poland ($6.7B), Slovakia ($1.52B), and Hungary ($2.28B).

In 2022, countries that imported more from Turkey than Ukraine included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Ukraine - Turkey

Flow
Scale

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

During 2022, Ukraine had a large net trade with Turkey in the exports of Vegetable Products ($1.43B), Animal and Vegetable Bi-Products ($671M), and Metals ($447M).

During 2017, Turkey had a large net trade with Ukraine in the exports of Textiles ($604M), Mineral Products ($533M), and Machines ($391M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Turkey+$41.5MHot-Rolled Iron
Top Product Potential Turkey Ukraine+$35.2MCars

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 Ukraine and Turkey. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Ukraine.

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

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