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Trade between Israel and Turkey

In 2024, Israel exported $633 million to Turkey and imported $2 billion. Israel ran a deficit of $1.4 billion with Turkey, compared with a deficit of $2.9 billion in 2019. Turkey was Israel’s 18th largest trading partner (2% of its trade), and Israel was Turkey’s 45th (0.5%).

Summary

Israel → Turkey
$633million
Turkey → Israel
$2billion
Israel’s balance
-$1.4billion

Balance

Israel’s trade balance with Turkey

Trade between Israel and Turkey grew 5.4-fold since 1995

USD billions (current). Israel’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.6
  • Imports 2
  • Balance -1.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$202 million$288 million-$86 million
1996$231 million$286 million-$54 million
1997$260 million$382 million-$122 million
1998$314 million$486 million-$173 million
1999$344 million$594 million-$251 million
2000$545 million$647 million-$102 million
2001$564 million$873 million-$309 million
2002$568 million$962 million-$394 million
2003$490 million$1.1 billion-$643 million
2004$755 million$1.4 billion-$647 million
2005$843 million$1.5 billion-$703 million
2006$798 million$1.7 billion-$868 million
2007$992 million$1.8 billion-$858 million
2008$1.4 billion$2 billion-$652 million
2009$1.2 billion$1.6 billion-$472 million
2010$1.5 billion$2 billion-$480 million
2011$2.1 billion$2.3 billion-$226 million
2012$1.8 billion$2.3 billion-$508 million
2013$2.8 billion$2.6 billion$125 million
2014$3.2 billion$2.9 billion$213 million
2015$2 billion$2.9 billion-$923 million
2016$1.5 billion$3.3 billion-$1.8 billion
2017$1.7 billion$3.6 billion-$1.9 billion
2018$2 billion$6.5 billion-$4.5 billion
2019$1.6 billion$4.6 billion-$2.9 billion
2020$1.5 billion$4.7 billion-$3.2 billion
2021$2.1 billion$5.5 billion-$3.4 billion
2022$2.6 billion$6.2 billion-$3.5 billion
2023$1.7 billion$5.4 billion-$3.7 billion
2024$633 million$2 billion-$1.4 billion

What they sell each other

What Israel sells to Turkey

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$252 million · 39.9%
    354 thousand tonnes · Israel’s destinations
  2. Ferrous scrap$47 million · 7.4%
    120 thousand tonnes · Turkey’s sources
  3. Cyclic hydrocarbons$25 million · 4%
    19 thousand tonnes
  4. Polypropylene$25 million · 4%
    19 thousand tonnes · Turkey’s sources
  5. Pesticides and herbicides$22 million · 3.5%
    2 thousand tonnes
  6. Coal tar oils$16 million · 2.5%
    15 thousand tonnes
  7. 668 tonnes
  8. 14 thousand tonnes
  9. Uncoated paper$11 million · 1.8%
    31 thousand tonnes
  10. 4 thousand tonnes

What Turkey sells to Israel

The top 10 headings in 2024, with their share of the total.

  1. Cables and wire$88 million · 4.4%
    9 thousand tonnes · Turkey’s destinations
  2. Cars$83 million · 4.1%
    11 thousand tonnes · Turkey’s destinations
  3. Jewelry$71 million · 3.5%
    2 tonnes · Turkey’s destinations
  4. Steel wire rod$64 million · 3.2%
    61 thousand tonnes
  5. 43 thousand tonnes
  6. Worked stone$54 million · 2.7%
    57 thousand tonnes
  7. 13 thousand tonnes
  8. Olive oil$51 million · 2.5%
    5 thousand tonnes
  9. Plastic packaging$49 million · 2.4%
    13 thousand tonnes
  10. Buses$47 million · 2.3%
    2 thousand tonnes

How it travels

Estimated sea route from Haifa to Istanbul.

The estimated sea route between Haifa and Istanbul is 879 nautical miles (1,627 km) long: ≈ 2–2.5 days at sea (at 18 and 14 knots).

Passages it crosses: Dardanelles.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.4 billion · 90.9%
  2. Air$242 million · 9.1%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Turkey was Israel’s 18th largest trading partner (2% of its trade), and Israel was Turkey’s 45th (0.5%).

Turkey in Israel’s trade
1.7%
Turkey’s rank among Israel’s partners
18th
Israel in Turkey’s trade
0.5%
Israel’s rank among Turkey’s partners
45th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.