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Trade between Russia and Turkey

In 2024, Russia exported $25.9 billion to Turkey and imported $8.5 billion. Russia ran a surplus of $17.4 billion with Turkey, compared with a surplus of $12.3 billion in 2019. Turkey was Russia’s 3rd largest trading partner (6% of its trade), and Russia was Turkey’s 3rd (6%).

Summary

Russia → Turkey
$25.9billion
Turkey → Russia
$8.5billion
Russia’s balance
$17.4billion

Balance

Russia’s trade balance with Turkey

Trade between Russia and Turkey grew 10.4-fold since 1995

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

  • Exports 25.9
  • Imports 8.5
  • Balance +17.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.1 billion$1.2 billion$850 million
1996$1.9 billion$1.2 billion$708 million
1997$2.3 billion$1.6 billion$651 million
1998$2.3 billion$1.1 billion$1.2 billion
1999$2.2 billion$546 million$1.6 billion
2000$2.5 billion$583 million$1.9 billion
2001$2.2 billion$898 million$1.3 billion
2002$2.3 billion$1.2 billion$1.1 billion
2003$3.5 billion$1.3 billion$2.2 billion
2004$6 billion$1.7 billion$4.3 billion
2005$8.1 billion$2.2 billion$5.9 billion
2006$10.4 billion$3.2 billion$7.1 billion
2007$13.1 billion$4.9 billion$8.2 billion
2008$17.7 billion$6.7 billion$11 billion
2009$11.6 billion$3.5 billion$8.1 billion
2010$14.1 billion$5.1 billion$8.9 billion
2011$13 billion$6.6 billion$6.5 billion
2012$14.9 billion$7.2 billion$7.7 billion
2013$14.8 billion$7.5 billion$7.3 billion
2014$14.4 billion$6.8 billion$7.7 billion
2015$12.9 billion$4.1 billion$8.8 billion
2016$11.2 billion$2.3 billion$8.9 billion
2017$14.4 billion$3.6 billion$10.7 billion
2018$17.4 billion$4.2 billion$13.2 billion
2019$17.3 billion$5 billion$12.3 billion
2020$14 billion$5.1 billion$8.8 billion
2021$21.1 billion$6.5 billion$14.6 billion
2022$28.3 billion$9.2 billion$19.1 billion
2023$31 billion$10.8 billion$20.2 billion
2024$25.9 billion$8.5 billion$17.4 billion

What they sell each other

What Russia sells to Turkey

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

  1. Refined petroleum$11.4 billion · 43.8%
    16.1 million tonnes · Russia’s destinations
  2. Coal$2.5 billion · 9.8%
    24.4 million tonnes · Russia’s destinations
  3. Semi-finished steel$1.2 billion · 4.7%
    2.4 million tonnes
  4. Wheat$1.1 billion · 4.4%
    4.7 million tonnes · Russia’s destinations
  5. Unwrought aluminum$818 million · 3.2%
    319 thousand tonnes · Russia’s destinations
  6. 797 thousand tonnes
  7. Copper wire$701 million · 2.7%
    76 thousand tonnes
  8. Refined copper$502 million · 1.9%
    54 thousand tonnes · Russia’s destinations
  9. Pig iron$385 million · 1.5%
    937 thousand tonnes
  10. Hot-rolled flat steel$324 million · 1.3%
    581 thousand tonnes

What Turkey sells to Russia

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

  1. Citrus fruit$373 million · 4.4%
    600 thousand tonnes
  2. Auto parts$352 million · 4.1%
    54 thousand tonnes · Turkey’s destinations
  3. Frozen fish$304 million · 3.6%
    53 thousand tonnes
  4. Trailers$253 million · 3%
    50 thousand tonnes
  5. 221 thousand tonnes
  6. Other knitted fabric$142 million · 1.7%
    25 thousand tonnes
  7. Fresh fish$128 million · 1.5%
    21 thousand tonnes
  8. 51 thousand tonnes
  9. Sorting and crushing machines$123 million · 1.5%
    15 thousand tonnes
  10. Bulldozers and excavators$116 million · 1.4%
    13 thousand tonnes · Russia’s sources

How it travels

Estimated sea route from Saint Petersburg to Istanbul.

The estimated sea route between Saint Petersburg and Istanbul is 4,596 nautical miles (8,511 km) long: ≈ 10.5–13.5 days at sea (at 18 and 14 knots).

Passages it crosses: Øresund, Strait of Dover, 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$33.5 billion · 97.4%
  2. Air$906 million · 2.6%

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

How much each matters to the other

Turkey was Russia’s 3rd largest trading partner (6% of its trade), and Russia was Turkey’s 3rd (6%).

Turkey in Russia’s trade
6%
Turkey’s rank among Russia’s partners
3rd
Russia in Turkey’s trade
5.9%
Russia’s rank among Turkey’s partners
3rd

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.