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Trade between Italy and Turkey

In 2024, Italy exported $19.3 billion to Turkey and imported $12.5 billion. Italy ran a surplus of $6.8 billion with Turkey, compared with a deficit of $766 million in 2019. Turkey was Italy’s 11th largest trading partner (3% of its trade), and Italy was Turkey’s 5th (5%).

Summary

Italy → Turkey
$19.3billion
Turkey → Italy
$12.5billion
Italy’s balance
$6.8billion

Balance

Italy’s trade balance with Turkey

Trade between Italy and Turkey grew 6.5-fold since 1995

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

  • Exports 19.3
  • Imports 12.5
  • Balance +6.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.3 billion$1.6 billion$1.7 billion
1996$4.3 billion$1.6 billion$2.7 billion
1997$4.6 billion$1.6 billion$3 billion
1998$4.3 billion$1.8 billion$2.5 billion
1999$3.3 billion$2 billion$1.3 billion
2000$4.4 billion$2.1 billion$2.3 billion
2001$3.6 billion$2.8 billion$813 million
2002$4.1 billion$2.9 billion$1.3 billion
2003$5.5 billion$3.9 billion$1.7 billion
2004$7 billion$5 billion$1.9 billion
2005$7.9 billion$5.5 billion$2.4 billion
2006$8.7 billion$6.8 billion$1.9 billion
2007$9.9 billion$7.6 billion$2.2 billion
2008$10.9 billion$8.3 billion$2.7 billion
2009$7.7 billion$6.3 billion$1.4 billion
2010$10.2 billion$6.9 billion$3.3 billion
2011$13.3 billion$8.3 billion$5 billion
2012$13.5 billion$6.8 billion$6.8 billion
2013$13.6 billion$7.3 billion$6.3 billion
2014$12.9 billion$7.6 billion$5.3 billion
2015$11.4 billion$7.4 billion$4 billion
2016$10.8 billion$8.3 billion$2.4 billion
2017$12.2 billion$9.5 billion$2.7 billion
2018$10.8 billion$10.7 billion$95 million
2019$9.8 billion$10.5 billion-$766 million
2020$9.1 billion$8.5 billion$603 million
2021$11.5 billion$11.6 billion-$143 million
2022$14 billion$12.9 billion$1.1 billion
2023$15.1 billion$12.6 billion$2.5 billion
2024$19.3 billion$12.5 billion$6.8 billion

What they sell each other

What Italy sells to Turkey

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

  1. Jewelry$5.6 billion · 29.2%
    101 tonnes · Italy’s destinations
  2. Auto parts$529 million · 2.7%
    42 thousand tonnes · Italy’s destinations
  3. Refined petroleum$378 million · 2%
    525 thousand tonnes · Italy’s destinations
  4. Valves and taps$301 million · 1.6%
    11 thousand tonnes
  5. Trucks$295 million · 1.5%
    26 thousand tonnes · Italy’s destinations
  6. Gold and silverware$270 million · 1.4%
    6 tonnes
  7. Crude petroleum$269 million · 1.4%
    629 thousand tonnes · Turkey’s sources
  8. Other industrial machines$261 million · 1.4%
    9 thousand tonnes
  9. 5 thousand tonnes · Italy’s destinations
  10. Ferrous scrap$233 million · 1.2%
    485 thousand tonnes · Turkey’s sources

What Turkey sells to Italy

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

  1. Cars$1.7 billion · 13.9%
    135 thousand tonnes · Turkey’s destinations
  2. Trucks$767 million · 6.1%
    65 thousand tonnes · Turkey’s destinations
  3. Refined petroleum$458 million · 3.7%
    774 thousand tonnes · Turkey’s destinations
  4. Hot-rolled flat steel$390 million · 3.1%
    690 thousand tonnes
  5. Auto parts$382 million · 3.1%
    70 thousand tonnes · Turkey’s destinations
  6. Other nuts (almonds, walnuts)$367 million · 2.9%
    45 thousand tonnes
  7. Buses$301 million · 2.4%
    14 thousand tonnes
  8. Tractors$275 million · 2.2%
    28 thousand tonnes · Turkey’s destinations
  9. Other knitted fabric$186 million · 1.5%
    30 thousand tonnes
  10. 32 thousand tonnes · Turkey’s destinations

How it travels

Estimated sea route from Genoa to Istanbul.

The estimated sea route between Genoa and Istanbul is 1,339 nautical miles (2,480 km) long: ≈ 3–4 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$22.6 billion · 71%
  2. Air$9.2 billion · 29%

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

How much each matters to the other

Turkey was Italy’s 11th largest trading partner (3% of its trade), and Italy was Turkey’s 5th (5%).

Turkey in Italy’s trade
2.6%
Turkey’s rank among Italy’s partners
11th
Italy in Turkey’s trade
5.4%
Italy’s rank among Turkey’s partners
5th

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.