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Türkiye-United Kingdom Bilateral Trade Analysis 2023

Complete trade statistics: $21.05B total volume •Türkiye surplus: $6.44B

Türkiye → United Kingdom

$13.74B

Exports (2023)

United Kingdom → Türkiye

$7.30B

Imports (2023)

Trade Balance

$6.44B

Surplus for Türkiye

Total Trade

$21.05B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Türkiye and United Kingdom. Green line shows exports from Türkiye, red line shows imports.

Detailed Product Trade Analysis

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

Türkiye → United Kingdom Exports

$13.74B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
10.8% top product
1Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$1.48B
10.8% of exports
2Insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors
$574.14M
4.2% of exports
3Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
$520.84M
3.8% of exports
4Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000cc
$330.45M
2.4% of exports
5Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$321.79M
2.3% of exports
6Oils: petroleum oils and oils obtained from bituminous minerals, crude
$297.32M
2.2% of exports
7Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen
$278.65M
2.0% of exports
8Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc
$195.29M
1.4% of exports
9T-shirts, singlets and other vests: of cotton, knitted or crocheted
$182.33M
1.3% of exports
10Washing machines: household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg)
$181.64M
1.3% of exports

🎯 Strategic Export Focus

Türkiye's export portfolio to United Kingdom demonstrates strong diversification across multiple sectors, with vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 representing a key competitive advantage in this bilateral market.

United Kingdom → Türkiye Imports

$7.30B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
13.6% concentration
1Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87
$996.20M
13.6% of imports
2Ferrous waste and scrap: n.e.c. in heading no. 7204
$503.25M
6.9% of imports
3Turbo-jets: of a thrust exceeding 25kN
$460.48M
6.3% of imports
4Metals: gold, semi-manufactured
$314.57M
4.3% of imports
5Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
$192.10M
2.6% of imports
6Vehicles: with only electric motor for propulsion
$190.97M
2.6% of imports
7Whiskies
$169.21M
2.3% of imports
8Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$155.53M
2.1% of imports
9Mechanical shovels, excavators and shovel loaders: n.e.c. in item no. 8429.50
$152.55M
2.1% of imports
10Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for other than marine propulsion or the vehicles of chapter 87
$133.50M
1.8% of imports

📦 Import Strategy Analysis

Türkiye's import pattern from United Kingdom reveals significant dependencyin engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Türkiye demonstrates competitive strength in exportingvehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 to United Kingdom, leveraging comparative advantages.

Export Leader in 20+ Categories
🔄

Trade Complementarity

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

Specialized Exchange
📈

Growth Potential

The $21.05B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Türkiye-United Kingdom Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $21.05 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Türkiye maintains a surplus of $6.44 billion
  • Export Focus: Türkiye's primary exports include vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors, vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
  • Import Dependencies: Key imports from United Kingdom include engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, ferrous waste and scrap: n.e.c. in heading no. 7204, turbo-jets: of a thrust exceeding 25kn

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents a significant global 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 $21.05B 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 Türkiye leveraging its comparative advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1.

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

Türkiye's specialization in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1complements United Kingdom's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $21.05B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
🔮

Trade Relationship Outlook

The $21.05B 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 $21.05 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
🏭

Industrial Integration

Trade flows in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 and engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

Türkiye's trade surplus of $6.44 billion 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 insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors present expansion opportunities.
Market Diversification
Beyond current focus on engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 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 Türkiye and United Kingdom represents a total trade volume of $21.05 billion in 2023. This partnership demonstrates a favorable trade balance for Türkiye, with exports exceeding importsby $6.44 billion.

Export Strengths

Türkiye's exports to United Kingdom total $13.74 billion, with competitive advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, representing $1.48B or10.8% of bilateral exports.

Import Dependencies

Imports from United Kingdom amount to $7.30 billion, highlighting economic interdependence in engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, with Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 comprising13.6% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Türkiye'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 Türkiye and United Kingdom in multiple formats.

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