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Trade between Portugal and Turkey

In 2024, Portugal exported $1.3 billion to Turkey and imported $1.6 billion. Portugal ran a deficit of $257 million with Turkey, compared with a deficit of $202 million in 2019. Turkey was Portugal’s 13th largest trading partner (1% of its trade), and Portugal was Turkey’s 42nd (0.5%).

Summary

Portugal → Turkey
$1.3billion
Turkey → Portugal
$1.6billion
Portugal’s balance
-$257million

Balance

Portugal’s trade balance with Turkey

Trade between Portugal and Turkey grew 18.1-fold since 1995

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

  • Exports 1.3
  • Imports 1.6
  • Balance -0.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$77 million$84 million-$6 million
1996$91 million$82 million$10 million
1997$126 million$123 million$3 million
1998$100 million$185 million-$85 million
1999$76 million$231 million-$155 million
2000$116 million$220 million-$104 million
2001$80 million$287 million-$207 million
2002$122 million$250 million-$128 million
2003$200 million$343 million-$143 million
2004$277 million$445 million-$168 million
2005$422 million$457 million-$35 million
2006$388 million$617 million-$229 million
2007$423 million$611 million-$188 million
2008$488 million$551 million-$63 million
2009$416 million$416 million-$392 thousand
2010$503 million$437 million$66 million
2011$607 million$472 million$135 million
2012$655 million$449 million$206 million
2013$714 million$710 million$4 million
2014$814 million$538 million$275 million
2015$692 million$507 million$185 million
2016$739 million$604 million$135 million
2017$724 million$771 million-$47 million
2018$771 million$1.1 billion-$364 million
2019$942 million$1.1 billion-$202 million
2020$957 million$846 million$111 million
2021$1.1 billion$1.4 billion-$320 million
2022$1.3 billion$1.5 billion-$229 million
2023$1.5 billion$1.3 billion$221 million
2024$1.3 billion$1.6 billion-$257 million

What they sell each other

What Portugal sells to Turkey

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

  1. Cars$240 million · 18.1%
    17 thousand tonnes · Portugal’s destinations
  2. Chemical wood pulp$100 million · 7.5%
    149 thousand tonnes
  3. Auto parts$91 million · 6.9%
    7 thousand tonnes · Portugal’s destinations
  4. Control panels$71 million · 5.4%
    522 tonnes
  5. Writing and printing paper$71 million · 5.4%
    81 thousand tonnes
  6. 206 tonnes
  7. 277 tonnes
  8. Cables and wire$53 million · 4%
    5 thousand tonnes · Turkey’s sources
  9. Radio receivers$29 million · 2.2%
    317 tonnes
  10. New tires$25 million · 1.9%
    4 thousand tonnes · Portugal’s destinations

What Turkey sells to Portugal

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

  1. Cotton yarn$123 million · 7.8%
    42 thousand tonnes
  2. Cars$112 million · 7.1%
    10 thousand tonnes · Turkey’s destinations
  3. Cyclic hydrocarbons$70 million · 4.4%
    68 thousand tonnes
  4. Buses$67 million · 4.2%
    4 thousand tonnes
  5. Tractors$66 million · 4.2%
    6 thousand tonnes · Turkey’s destinations
  6. Hot-rolled flat steel$64 million · 4%
    112 thousand tonnes
  7. Auto parts$59 million · 3.7%
    10 thousand tonnes · Turkey’s destinations
  8. Carbonates$49 million · 3.1%
    208 thousand tonnes
  9. Trucks$48 million · 3%
    4 thousand tonnes · Turkey’s destinations
  10. Refined petroleum$48 million · 3%
    95 thousand tonnes · Turkey’s destinations

How it travels

Estimated sea route from Sines to Istanbul.

The estimated sea route between Sines and Istanbul is 2,124 nautical miles (3,934 km) long: ≈ 5–6.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and 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$2.5 billion · 85.2%
  2. Air$430 million · 14.8%

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

How much each matters to the other

Turkey was Portugal’s 13th largest trading partner (1% of its trade), and Portugal was Turkey’s 42nd (0.5%).

Turkey in Portugal’s trade
1.5%
Turkey’s rank among Portugal’s partners
13th
Portugal in Turkey’s trade
0.5%
Portugal’s rank among Turkey’s partners
42nd

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.