Net trade in goods and services in Turkey
Turkey: Net trade in goods and services was 5.38 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Turkey, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Turkey is 5.38 billion BoP, current US$, measured in 2024.
That represents a change of up 117.6% on the previous year and up 121.2% over ten years.
Over the whole period, net trade in goods and services in Turkey peaked at 25.99 billion BoP, current US$ in 2019 and was at its lowest, -68.87 billion BoP, current US$, in 2011.
Turkey ranks 43rd of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.62 billion BoP, current US$ | -3.91 billion BoP, current US$ | -1.87 billion BoP, current US$ | 6 |
| 1980s | -1.54 billion BoP, current US$ | -4.46 billion BoP, current US$ | 2.02 billion BoP, current US$ | 10 |
| 1990s | -2.74 billion BoP, current US$ | -7.34 billion BoP, current US$ | 2.88 billion BoP, current US$ | 10 |
| 2000s | -13.30 billion BoP, current US$ | -34.01 billion BoP, current US$ | 5.77 billion BoP, current US$ | 10 |
| 2010s | -24.54 billion BoP, current US$ | -68.87 billion BoP, current US$ | 25.99 billion BoP, current US$ | 10 |
| 2020s | -16.28 billion BoP, current US$ | -37.10 billion BoP, current US$ | 5.38 billion BoP, current US$ | 5 |
Countries ranked near Turkey
More economy & growth data for Turkey
- Manufacturing, value added 373.96 billion constant LCU (2024)
- Industry (including construction), value added 383.72 billion current US$ (2025)
- Manufacturing, value added 16.8% (2024)
- Households and NPISHs final consumption expenditure 54.7% (2025)
- Final consumption expenditure 1.10 trillion current US$ (2025)
- Final consumption expenditure 43.21 trillion current LCU (2025)
- Final consumption expenditure 1.11 trillion constant 2015 US$ (2025)
- Final consumption expenditure 3.4% (2025)
- Exports of goods and services 396.92 billion current US$ (2025)
- Gross national expenditure 100.2% (2025)
Frequently asked questions
- What is net trade in goods and services in Turkey?
- Net trade in goods and services in Turkey was 5.38 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Turkey?
- The highest recorded value was 25.99 billion BoP, current US$ in 2019.
- What is the lowest net trade in goods and services recorded in Turkey?
- The lowest recorded value was -68.87 billion BoP, current US$ in 2011.
- How does Turkey rank for net trade in goods and services?
- Turkey ranks 43rd out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Turkey?
- Over the last ten years it is up 121.2%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.