Saint Pierre and Miquelon

Saint Pierre and Miquelon

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Saint Pierre and Miquelon-Türkiye Bilateral Trade Analysis 2023

Complete trade statistics: $6,628 total volume •Saint Pierre and Miquelon surplus: $6,628

Saint Pierre and MiquelonTürkiye

$6,628

Exports (2023)

TürkiyeSaint Pierre and Miquelon

$0

Imports (2023)

Trade Balance

$6,628

Surplus for Saint Pierre and Miquelon

Total Trade

$6,628

Combined Volume

Trade Flow Visualization

Direct trade relationship between Saint Pierre and Miquelon and Türkiye. Green line shows exports from Saint Pierre and Miquelon, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Saint Pierre and Miquelon-Türkiye commercial relationship and competitive positioning in global markets.

Saint Pierre and MiquelonTürkiye Exports

$6,628
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Balanced

Product-level data is available for major trade relationships.

For detailed Saint Pierre and Miquelon-Türkiye product breakdown, please refer to each country's overall trade statistics.

🎯 Strategic Export Focus

Saint Pierre and Miquelon's export portfolio to Türkiye demonstrates strategic specialization, with leading products representing a key competitive advantage in this bilateral market.

TürkiyeSaint Pierre and Miquelon Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Distributed

Product-level data is available for major trade relationships.

For detailed Saint Pierre and Miquelon-Türkiye product breakdown, please refer to each country's overall trade statistics.

📦 Import Strategy Analysis

Saint Pierre and Miquelon's import pattern from Türkiye reveals significant dependencyin key sectors, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Saint Pierre and Miquelon demonstrates competitive strength in exportingkey products to Türkiye, leveraging comparative advantages.

Export Leader in 0+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $6,628 trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Saint Pierre and Miquelon-Türkiye Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $6.63 thousandrepresenting a significant bilateral economic relationship
  • Trade Balance: Saint Pierre and Miquelon maintains a surplus of $6.63 thousand
  • Export Focus: Saint Pierre and Miquelon's primary exports include various products
  • Import Dependencies: Key imports from Türkiye include various products

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $6,628 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Saint Pierre and Miquelon leveraging its comparative advantages in key sectors.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Saint Pierre and Miquelon's specialization in key industriescomplements Türkiye's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in manufacturing sectors.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $6,628 bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $6,628 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $6.63 thousand bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in key sectors and manufacturing demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Saint Pierre and Miquelon's trade surplus of $6.63 thousand strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in advanced manufacturing present expansion opportunities.
Market Diversification
Beyond current focus on traditional sectors, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in key export sectors may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Saint Pierre and Miquelon and Türkiye represents a total trade volume of $6.63 thousand in 2023. This partnership demonstrates a favorable trade balance for Saint Pierre and Miquelon, with exports exceeding importsby $6.63 thousand.

Export Strengths

Saint Pierre and Miquelon's exports to Türkiye total $6.63 thousand, with competitive advantages in key sectors.

Import Dependencies

Imports from Türkiye amount to $0.00, highlighting economic interdependence in manufacturing sectors.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Saint Pierre and Miquelon's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Saint Pierre and Miquelon and Türkiye in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023