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Trade between Thailand and Turkey

In 2024, Thailand exported $1.7 billion to Turkey and imported $351 million. Thailand ran a surplus of $1.3 billion with Turkey, compared with a surplus of $626 million in 2019. Turkey was Thailand’s 33rd largest trading partner (0.3% of its trade), and Thailand was Turkey’s 53rd (0.4%).

Summary

Thailand → Turkey
$1.7billion
Turkey → Thailand
$351million
Thailand’s balance
$1.3billion

Balance

Thailand’s trade balance with Turkey

Trade between Thailand and Turkey grew 10.6-fold since 1995

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

  • Exports 1.7
  • Imports 0.4
  • Balance +1.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$70 million$122 million-$52 million
1996$95 million$107 million-$12 million
1997$154 million$92 million$62 million
1998$150 million$18 million$131 million
1999$165 million$23 million$142 million
2000$251 million$24 million$228 million
2001$165 million$52 million$113 million
2002$205 million$58 million$147 million
2003$311 million$140 million$171 million
2004$512 million$115 million$397 million
2005$744 million$95 million$649 million
2006$994 million$187 million$808 million
2007$1.2 billion$124 million$1.1 billion
2008$1.5 billion$219 million$1.3 billion
2009$987 million$152 million$835 million
2010$1.3 billion$255 million$1.1 billion
2011$1.6 billion$193 million$1.4 billion
2012$1.4 billion$247 million$1.1 billion
2013$1.6 billion$318 million$1.2 billion
2014$1.5 billion$302 million$1.2 billion
2015$1.3 billion$239 million$1.1 billion
2016$1.7 billion$306 million$1.4 billion
2017$2.1 billion$244 million$1.8 billion
2018$1.4 billion$354 million$1.1 billion
2019$1.2 billion$558 million$626 million
2020$1.2 billion$392 million$856 million
2021$1.8 billion$304 million$1.5 billion
2022$2.1 billion$376 million$1.8 billion
2023$2.2 billion$430 million$1.8 billion
2024$1.7 billion$351 million$1.3 billion

What they sell each other

What Thailand sells to Turkey

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

  1. Air conditioners$183 million · 10.9%
    15 thousand tonnes · Thailand’s destinations
  2. Natural rubber$149 million · 8.8%
    84 thousand tonnes · Thailand’s destinations
  3. Trucks$138 million · 8.2%
    10 thousand tonnes · Thailand’s destinations
  4. Cars$80 million · 4.7%
    6 thousand tonnes · Thailand’s destinations
  5. Artificial staple fiber (viscose)$64 million · 3.8%
    34 thousand tonnes
  6. Rubber gloves and clothing$63 million · 3.7%
    13 thousand tonnes
  7. Computer and office machine parts$47 million · 2.8%
    855 tonnes
  8. Jewelry$46 million · 2.8%
    24 tonnes · Thailand’s destinations
  9. Motorcycles$44 million · 2.6%
    2 thousand tonnes · Thailand’s destinations
  10. Refrigerators, freezers and heat pumps$33 million · 1.9%
    7 thousand tonnes · Thailand’s destinations

What Turkey sells to Thailand

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

  1. Carbonates$52 million · 14.9%
    258 thousand tonnes
  2. Jewelry$16 million · 4.5%
    7 tonnes · Turkey’s destinations
  3. Synthetic filament yarn$9 million · 2.5%
    855 tonnes
  4. Diamonds$8 million · 2.2%
  5. Silver$7 million · 2.1%
    9 tonnes
  6. Engine parts$7 million · 2.1%
    83 tonnes
  7. Candy and sweets$7 million · 2.1%
    2 thousand tonnes
  8. Borates$7 million · 2.1%
    12 thousand tonnes
  9. Women's suits and dresses$7 million · 1.9%
    109 tonnes
  10. Auto parts$6 million · 1.7%
    356 tonnes · Turkey’s destinations

How it travels

Estimated sea route from Laem Chabang to Istanbul.

The estimated sea route between Laem Chabang and Istanbul is 13,533 nautical miles (25,063 km) long: ≈ 31.5–40.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Malacca and Singapore, the Cape of Good Hope, the Strait of Gibraltar and the Dardanelles (13,533 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait, the Suez Canal and the Dardanelles (6,741 nautical miles).

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$1.6 billion · 77.4%
  2. Air$459 million · 22.6%

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

How much each matters to the other

Turkey was Thailand’s 33rd largest trading partner (0.3% of its trade), and Thailand was Turkey’s 53rd (0.4%).

Turkey in Thailand’s trade
0.3%
Turkey’s rank among Thailand’s partners
33rd
Thailand in Turkey’s trade
0.4%
Thailand’s rank among Turkey’s partners
53rd

Compare with

Other partners of Thailand

Other partners of Turkey

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.