Turkey-EU - international trade in goods statistics


Data extracted in March 2021

Planned article update: April 2022

Highlights


In 2020, Turkey was the sixth largest partner for EU exports of goods (3.6 %) and also the sixth largest partner for EU imports of goods (3.6 %).
Among EU Member States, Germany was both the largest importer of goods from and the largest exporter of goods to Turkey.
[[File:EU-Turkey international trade in goods statistics.xlsx]]

EU trade in goods with Turkey, 2010-2020

This article provides a picture of the international trade in goods between the European Union (EU) and Turkey. It analyses the type of goods exchanged between the two economies and the shares of each EU Member State in those exchanges.

This article is part of an online publication providing recent statistics on international trade in goods, covering information on the EU's main partners, main products traded, specific characteristics of trade as well as background information.

Full article

Recent developments, impact of COVID-19

The COVID-19 crisis caused both exports and imports between the EU and Turkey to fall in 2020. Exports reached a minimum of EUR 3.9 billion in April 2020. By December 2020 they had recovered to EUR 6.7 billion. Imports reached a minimum of EUR 3.4 billion in April 2020. By December 2020 they had recovered to EUR 5.5 billion.

Figure 1: EU trade in goods with Turkey, 2019-2020
Source: Eurostat (ext_st_eu27_2020sitc)

Figure 2 compares trade with Turkey to trade with other non EU countries. Between January 2019 and December 2020, exports to Turkey increased by 27.9 % while exports to other non EU countries decreased by 3.4 %. Imports from Turkey decreased by 2.6 % while imports from other non EU countries decreased by 10.1 %. Compared to the same month in the previous year, imports and exports fell most in April 2020 both for Turkey and for other non EU countries. In this month, exports to Turkey (- 25 %) fell less than exports to other non EU countries (- 29 %) while imports from Turkey (- 41 %) fell more than those from other non EU countries.

Figure 2: EU trade in goods with Turkey and other non-EU countries, 2019-2020
Source: Eurostat (ext_st_eu27_2020sitc)

EU and Turkey in world trade in goods

Figure 3a shows the position of Turkey among the largest traders of goods in the world in 2019. The four largest exporters were China (EUR 2 233 billion, 16.1 %), the EU (EUR 2 132 billion, 15.4 %), the United States (EUR 1 468 billion, 10.6 %) and Japan (EUR 630 billion, 4.6 %). The four largest importers were the United States (EUR 2 293 billion, 16.1 %), the EU (EUR 1 940 billion, 13.7%), China (EUR 1 857 billion, 13.1 %) and Japan (EUR 644 billion, 4.5 %). Figure 3b has some more details. It shows that Turkey (EUR 162 billion, 1.2 %) was the 22nd largest exporter in the world between Brazil (EUR 201 billion, 1.5 %) and Indonesia (EUR 150 billion, 1.1 %). It was the 19th largest importer in the world (EUR 188 billion, 1.3 %) between Australia (EUR 198 billion, 1.4 %) and Malaysia (EUR 183 billion, 1.3 %).

Figure 3a: Turkey among the world's largest traders of goods, 2019
Source: Eurostat (ext_lt_introeu27_2020) and UNCTAD

Top traders in goods with a focus on Turkey, 2019 (EUR billion)
Source: Eurostat (ext_lt_introeu27_2020) and UNCTAD


The imports and exports of goods of the EU and Turkey indexed at 100 in 2009 for the period to 2019 are shown in Figure 4. It also shows the cover ratio (exports / imports) for this period. Exports from the EU were lowest in 2009 (100) and highest in 2019 (180). Imports to the EU were lowest in 2009 (100) and highest in 2019 (163). The cover ratio for the EU was lowest in 2011 (97 %) and highest in 2016 (116 %) and was 110 % in 2019. Exports from Turkey were lowest in 2009 (100) and highest in 2019 (177). Imports to Turkey were lowest in 2009 (100) and highest in 2013 (179) and were 149 in 2019. The cover ratio for Turkey was lowest in 2011 (56 %) and highest in 2019 (86 %).

Figure 4: Trade in goods of the EU and Turkey, 2009 to 2019
Source: Eurostat (ext_lt_introeu27_2020) and UNCTAD


Both exports to and imports from Turkey increased between 2010 and 2020.

The position of Turkey among the largest trade partners of the EU in 2020 can be seen in Figure 5a. The four largest export partners of the EU were the United States (18.3 %), the United Kingdom (14.4 %), China (10.5 %) and Switzerland (7.4 %). The four largest import partners of the EU were China (22.4 %), the United States (11.8 %), the United Kingdom (9.8 %) and Switzerland (6.3 %). Figure 3b has some more details. It shows that Turkey (EUR 70 billion, 3.6 %) was the sixth largest export partner of the EU, between Russia (EUR 79 billion, 4.1 %) and Japan (EUR 54 billion, 2.8 %). In imports Turkey (EUR 63 billion, 3.6 %) was the sixth largest partner of the EU, between Russia (EUR 95 billion, 5.6 %) and Japan (EUR 55 billion, 3.2 %).


Figure 5a: Turkey among the EU's main partners for trade in goods, 2020
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995
Figure 5b: Top trade in goods partners of the EU with a focus on Turkey, 2020 (EUR billion)
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995

Figure 6 shows the exports, imports and trade balance between the EU and Turkey from 2010 to 2020. In 2010, the EU had a trade surplus with Turkey of EUR 21 billion. This changed more than once during the whole period. In 2020 there was a surplus of EUR 7 billion. Both exports to and imports from Turkey increased between 2010 and 2020. EU exports to Turkey were highest in 2017 (EUR 77 billion) and lowest in 2010 (EUR 58 billion). EU imports from Turkey were highest in 2019 (EUR 70 billion) and lowest in 2010 (EUR 38 billion).

Figure 6: EU trade in goods with Turkey, 2010-2020 (EUR billion)
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995


EU-Turkey trade by type of goods

The breakdown of EU trade with Turkey by SITC groups is shown in Figure 7. The red shades denote the primary products: food & drink, raw materials and energy, while the blue shades show the manufactured goods: chemicals, machinery & vehicles and other manufactured goods. Finally, other goods are shown in green. In 2020, EU exports of manufactured goods (84 %) had a higher share than primary goods (12 %). The most exported manufactured goods were machinery & vehicles (44 %), followed by other manufactured products (22 %) and chemicals (18 %). In 2020, EU imports of manufactured goods (87 %) also had a higher share than primary goods (12 %). The most imported manufactured goods were other manufactured products (43 %), followed by machinery & vehicles (39 %) and chemicals (6 %).

Figure 7: EU trade with Turkey by product group, 2010 and 2020 (EUR billion)
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995


Figure 8 shows the evolution of EU imports and exports by SITC group since 2010. In 2020, the EU had trade surpluses in chemicals (EUR 9.5 billion), machinery & vehicles (EUR 6.6 billion), raw materials (EUR 2.8 billion), other products (EUR 2.5 billion) and energy (EUR 0.3 billion). The EU had trade deficits in food & drink (EUR 2.4 billion) and other manufactured products (EUR 11.9 billion).

Figure 8: EU trade with Turkey by group, 2010-2020 (EUR billion)
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995


EU-Turkey most traded goods

More detail about the goods exchanged between the EU and Turkey is given in Figure 9, showing the 20 most traded goods at SITC-3 level. These top 20 goods covered 41 % of total trade in goods in 2020. Ten belonged to machinery and vehicles, four to other manufactured products, three to chemicals, one each to food and drink, raw materials and energy. The most traded product group at this level was motor cars and motor vehicles. Another interesting way to look at the data is to investigate the cover ratio (exports / imports) of traded goods, showing the direction of the trade flows between the two economies. These ratios can be found in the right-hand margin of Figure 9. Six products were below 50 %, indicating EU imports from Turkey were at least twice as large as EU exports to Turkey. Eight products were above 200 %, indicating EU exports to Turkey were at least twice as large as EU imports from Turkey. Six products were between 50 % and 200 %, showing more balanced trade.

Figure 9: Most traded products between EU and Turkey, 2020 (EUR billion)
Source: Eurostat DS-018995


Trade with Turkey by Member State

Table 1a shows the imports of goods from Turkey by Member State. The three largest importers from Turkey in the EU were Germany (EUR 12 633 million), Italy (EUR 7 456 million) and France (EUR 6 667 million). Bulgaria (18.3 %) had the highest share for Turkey in its extra-EU imports.

Table 1a: EU imports of goods from Turkey, 2020
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995


Table 1b shows the exports of goods to Turkey by Member State. The three largest exporters to Turkey in the EU were Germany (EUR 21 798 million), Italy (EUR 7 727 million) and France (EUR 6 333 million). Bulgaria (18.6 %) had the highest share for Turkey in its extra-EU exports.

Table 1b: EU exports of goods to Turkey, 2020
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995


The trade in goods balance between the EU Member States and Turkey is shown in Table 1c. It shows that 14 Member States had a trade surplus with Turkey. The largest surplus was held by Germany (EUR 9 165 million), followed by the Netherlands (EUR 1 735 million) and Czechia (EUR 936 million). There were 13 Member States that had a trade deficit with Turkey. The largest deficit was held by Spain (EUR 1 865 million), followed by Slovenia (EUR 1 847 million) and Romania (EUR 1 423 million).

Table 1c: EU trade balance of goods with Turkey, 2020 (EUR million)
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995



Data sources

EU data is taken from Eurostat's COMEXT database. COMEXT is the reference database for international trade in goods. It provides access not only to both recent and historical data from the EU Member States but also to statistics of a significant number of third countries. International trade aggregated and detailed statistics disseminated via the Eurostat website are compiled from COMEXT data according to a monthly process.

Data are collected by the competent national authorities of the Member States and compiled according to a harmonised methodology established by EU regulations before transmission to Eurostat. For extra-EU trade, the statistical information is mainly provided by the traders on the basis of customs declarations.

EU data are compiled according to Community guidelines and may, therefore, differ from national data published by the Member States. Statistics on extra-EU trade are calculated as the sum of trade of each of the 27 EU Member States with countries outside the EU. In other words, the EU is considered as a single trading entity and trade flows are measured into and out of the area, but not within it.

The United Kingdom is considered as an extra-EU partner country for the EU-27 for the whole period covered by this article. However, the United Kingdom was still part of the internal market until the end of the transitory period (31 December 2020), meaning that data on trade with the United Kingdom are still based on statistical concepts applicable to trade between the EU Member States. Consequently, while imports from any other extra-EU-27 trade partner are grouped by country of origin, the United Kingdom data reflect the country of consignment. In practice this means that the goods imported by the EU-27 from the United Kingdom were physically transported from the United Kingdom but part of these goods could have been of other origin than the United Kingdom. For this reason, data on trade with the United Kingdom are not fully comparable with data on trade with other extra-EU-27 trade partners.

Data for the non EU-27 countries used in figures 1-3 are taken from the UNCTAD database of the United Nations. For the calculation of shares, the world trade is defined as the sum of EU trade with non-EU countries (source: Eurostat) plus the international trade of non-EU countries (source: UNCTAD).


Methodology According to the EU concepts and definitions, extra-EU trade statistics (trade between EU Member States and non-EU countries) do not record exchanges involving goods in transit, placed in a customs warehouse or given temporary admission (for trade fairs, temporary exhibitions, tests, etc.). This is known as 'special trade'. The partner is the country of final destination of the goods for exports and the country of origin for imports.

Product classification Information on commodities exported and imported is presented according to the Standard international trade classification (SITC). A full description is available from Eurostat's classification server RAMON.

Unit of measure Trade values are expressed in millions or billions (109) of euros. They correspond to the statistical value, i.e. to the amount which would be invoiced in case of sale or purchase at the national border of the reporting country. It is called a FOB value (free on board) for exports and a CIF value (cost, insurance, freight) for imports.

Context

Trade is an important indicator of Europe's prosperity and place in the world. The block is deeply integrated into global markets both for the products it sources and the exports it sells. The EU trade policy is one of the main pillars of the EU's relations with the rest of the world.

Because the 27 EU Member States share a single market and a single external border, they also have a single trade policy. EU Member States speak and negotiate collectively, both in the World Trade Organization, where the rules of international trade are agreed and enforced, and with individual trading partners. This common policy enables them to speak with one voice in trade negotiations, maximising their impact in such negotiations. This is even more important in a globalised world in which economies tend to cluster together in regional groups.

The openness of the EU's trade regime has meant that the EU is the biggest player on the global trading scene and remains a good region to do business with. Thanks to the ease of modern transport and communications, it is now easier to produce, buy and sell goods around the world which gives European companies of every size the potential to trade outside Europe.

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International trade in goods - long-term indicators (t_ext_go_lti)
International trade in goods - short-term indicators (t_ext_go_sti)
International trade in goods - aggregated data (ext_go_agg)
International trade in goods - long-term indicators (ext_go_lti)
International trade in goods - short-term indicators (ext_go_sti)
International trade in goods - detailed data (detail)
EU trade since 1988 by SITC (DS-018995)