Summary
- Turkey → Vietnam
- $407million
- Vietnam → Turkey
- $3billion
- Turkey’s balance
- -$2.6billion
Balance
Turkey’s trade balance with Vietnam
Trade between Turkey and Vietnam grew 165.7-fold since 1995
USD billions (current). Turkey’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.4
- Imports 3
- Balance -2.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $18 million | $3 million | $15 million |
| 1996 | $31 million | $7 million | $24 million |
| 1997 | $33 million | $9 million | $24 million |
| 1998 | $4 million | $13 million | -$9 million |
| 1999 | $4 million | $13 million | -$8 million |
| 2000 | $5 million | $29 million | -$25 million |
| 2001 | $19 million | $23 million | -$3 million |
| 2002 | $32 million | $41 million | -$9 million |
| 2003 | $32 million | $60 million | -$28 million |
| 2004 | $41 million | $87 million | -$46 million |
| 2005 | $56 million | $121 million | -$65 million |
| 2006 | $61 million | $230 million | -$169 million |
| 2007 | $95 million | $341 million | -$245 million |
| 2008 | $177 million | $545 million | -$369 million |
| 2009 | $262 million | $495 million | -$234 million |
| 2010 | $153 million | $785 million | -$633 million |
| 2011 | $124 million | $1 billion | -$893 million |
| 2012 | $116 million | $1.2 billion | -$1.1 billion |
| 2013 | $132 million | $1.7 billion | -$1.6 billion |
| 2014 | $192 million | $2.1 billion | -$1.9 billion |
| 2015 | $193 million | $1.9 billion | -$1.7 billion |
| 2016 | $257 million | $1.8 billion | -$1.5 billion |
| 2017 | $294 million | $2.8 billion | -$2.5 billion |
| 2018 | $367 million | $1.9 billion | -$1.6 billion |
| 2019 | $401 million | $1.6 billion | -$1.2 billion |
| 2020 | $292 million | $1.4 billion | -$1.1 billion |
| 2021 | $411 million | $1.6 billion | -$1.1 billion |
| 2022 | $416 million | $2 billion | -$1.6 billion |
| 2023 | $495 million | $2.7 billion | -$2.2 billion |
| 2024 | $407 million | $3 billion | -$2.6 billion |
What they sell each other
What Turkey sells to Vietnam
The top 10 headings in 2024, with their share of the total.
What Vietnam sells to Turkey
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Istanbul and Phu My is 13,361 nautical miles (24,745 km) long: ≈ 31–40 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Dardanelles, the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (13,361 nautical miles); and 15% via the Dardanelles, the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (6,562 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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Vietnam was Turkey’s 38th largest trading partner (0.6% of its trade), and Turkey was Vietnam’s 29th (0.4%).
- Vietnam in Turkey’s trade
- 0.6%
- Vietnam’s rank among Turkey’s partners
- 38th
- Turkey in Vietnam’s trade
- 0.4%
- Turkey’s rank among Vietnam’s partners
- 29th
Compare with
Other partners of Turkey
Other partners of Vietnam
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.