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Trade between Spain and Turkey

In 2024, Spain exported $9.5 billion to Turkey and imported $10.2 billion. Spain ran a deficit of $698 million with Turkey, compared with a deficit of $4 billion in 2019. Turkey was Spain’s 11th largest trading partner (2% of its trade), and Spain was Turkey’s 8th (3%).

Summary

Spain → Turkey
$9.5billion
Turkey → Spain
$10.2billion
Spain’s balance
-$698million

Balance

Spain’s trade balance with Turkey

Trade between Spain and Turkey grew 16.3-fold since 1995

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

  • Exports 9.5
  • Imports 10.2
  • Balance -0.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$740 million$463 million$277 million
1996$1.1 billion$465 million$586 million
1997$1.4 billion$605 million$789 million
1998$1.4 billion$668 million$735 million
1999$1.3 billion$949 million$387 million
2000$1.8 billion$888 million$942 million
2001$1.1 billion$1.1 billion-$29 million
2002$1.5 billion$1.4 billion$69 million
2003$2.1 billion$2.2 billion-$171 million
2004$3.4 billion$3.1 billion$297 million
2005$3.7 billion$3.7 billion$17 million
2006$3.9 billion$4.6 billion-$705 million
2007$4.4 billion$5.8 billion-$1.4 billion
2008$4.7 billion$5.4 billion-$757 million
2009$4.1 billion$3.7 billion$390 million
2010$5 billion$4.1 billion$874 million
2011$6.3 billion$4.7 billion$1.5 billion
2012$6.5 billion$4.2 billion$2.2 billion
2013$6.9 billion$4.9 billion$1.9 billion
2014$6.9 billion$5.4 billion$1.5 billion
2015$5.9 billion$5.4 billion$484 million
2016$6 billion$5.7 billion$332 million
2017$6.7 billion$7.2 billion-$522 million
2018$5.9 billion$8.9 billion-$3 billion
2019$4.9 billion$8.9 billion-$4 billion
2020$5.2 billion$7.3 billion-$2 billion
2021$6.6 billion$9.9 billion-$3.3 billion
2022$7.3 billion$10.3 billion-$2.9 billion
2023$9.7 billion$9.9 billion-$222 million
2024$9.5 billion$10.2 billion-$698 million

What they sell each other

What Spain sells to Turkey

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

  1. Cars$3.3 billion · 35.1%
    254 thousand tonnes · Spain’s destinations
  2. Auto parts$470 million · 5%
    56 thousand tonnes · Spain’s destinations
  3. Trucks$403 million · 4.3%
    34 thousand tonnes · Spain’s destinations
  4. Unwrought zinc$274 million · 2.9%
    95 thousand tonnes · Spain’s destinations
  5. Cyclic hydrocarbons$177 million · 1.9%
    139 thousand tonnes
  6. Spark-ignition engines$151 million · 1.6%
    6 thousand tonnes
  7. Tractors$142 million · 1.5%
    12 thousand tonnes · Turkey’s sources
  8. Polypropylene$140 million · 1.5%
    85 thousand tonnes · Turkey’s sources
  9. Polyethylene$126 million · 1.3%
    87 thousand tonnes · Spain’s destinations
  10. Diesel engines$115 million · 1.2%
    6 thousand tonnes

What Turkey sells to Spain

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

  1. Cars$1.3 billion · 12.3%
    92 thousand tonnes · Turkey’s destinations
  2. Women's suits and dresses$462 million · 4.5%
    18 thousand tonnes
  3. Refined petroleum$409 million · 4%
    348 thousand tonnes · Turkey’s destinations
  4. Auto parts$404 million · 4%
    65 thousand tonnes · Turkey’s destinations
  5. Sweaters and pullovers$307 million · 3%
    13 thousand tonnes
  6. Coal tar oils$296 million · 2.9%
    349 thousand tonnes
  7. T-shirts$260 million · 2.6%
    12 thousand tonnes
  8. Trucks$251 million · 2.5%
    23 thousand tonnes · Turkey’s destinations
  9. 11 thousand tonnes
  10. Buses$211 million · 2.1%
    12 thousand tonnes

How it travels

Estimated sea route from Valencia to Istanbul.

The estimated sea route between Valencia and Istanbul is 1,618 nautical miles (2,996 km) long: ≈ 3.5–5 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$18.5 billion · 94.4%
  2. Air$1.1 billion · 5.6%

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

How much each matters to the other

Turkey was Spain’s 11th largest trading partner (2% of its trade), and Spain was Turkey’s 8th (3%).

Turkey in Spain’s trade
2.4%
Turkey’s rank among Spain’s partners
11th
Spain in Turkey’s trade
3.3%
Spain’s rank among Turkey’s partners
8th

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.