Net trade in goods in Turkey
Turkey: Net trade in goods was -55.99 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Turkey, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Turkey is -55.99 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is up 35.1% on the previous year and up 15.9% over ten years.
Over the whole period, net trade in goods in Turkey peaked at -1.71 billion BoP, current US$ in 1988 and was at its lowest, -89.59 billion BoP, current US$, in 2022.
That places Turkey 194th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.74 billion BoP, current US$ | -3.75 billion BoP, current US$ | -2.06 billion BoP, current US$ | 6 |
| 1980s | -3.18 billion BoP, current US$ | -4.60 billion BoP, current US$ | -1.71 billion BoP, current US$ | 10 |
| 1990s | -10.48 billion BoP, current US$ | -14.96 billion BoP, current US$ | -4.13 billion BoP, current US$ | 10 |
| 2000s | -26.58 billion BoP, current US$ | -52.92 billion BoP, current US$ | -3.28 billion BoP, current US$ | 10 |
| 2010s | -56.43 billion BoP, current US$ | -89.16 billion BoP, current US$ | -16.78 billion BoP, current US$ | 10 |
| 2020s | -59.81 billion BoP, current US$ | -89.59 billion BoP, current US$ | -29.32 billion BoP, current US$ | 5 |
Countries ranked near Turkey
- 191 Greece -38.58 billion BoP, current US$ compare
- 192 Egypt -43.08 billion BoP, current US$ compare
- 193 Spain -55.37 billion BoP, current US$ compare
- 195 France -65.53 billion BoP, current US$ compare
- 196 Philippines -66.67 billion BoP, current US$ compare
- 197 India -310.94 billion BoP, current US$ compare
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 in Turkey?
- Net trade in goods in Turkey was -55.99 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 recorded in Turkey?
- The highest recorded value was -1.71 billion BoP, current US$ in 1988.
- What is the lowest net trade in goods recorded in Turkey?
- The lowest recorded value was -89.59 billion BoP, current US$ in 2022.
- How does Turkey rank for net trade in goods?
- Turkey ranks 194th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Turkey?
- Over the last ten years it is up 15.9%. 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 (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 is the difference between the exports and imports of goods. 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.