What is the value of US trade with Turkey?
Updated annually
$21.7 billion in imports and $21.5 billion in exports in 2024. That means that the US imported $232 million more from Turkey than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$21.7B
Value of imports from Turkey to the US (2024)
$21.5B
Value of exports from the US to Turkey (2024)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94.3% of total trade with the US in 2024.
BEA data ranks Turkey as the US’ 28th top trading partner: In 2024, the US traded $43.2 billion in goods and services with Turkey. Countries with similar trade values include Chile ($48B) and Indonesia ($42.9B).
In 2024, the US traded $43.2 billion in goods and services with Turkey.
Total trade value (imports + exports) with the US (2024), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
The US had a trade deficit with Turkey in 2024. The 2024 deficit was $232 million, a decrease from 2023's surplus of $59 million.
The trade deficit with Turkey increased to $232M in 2024.
Annual trade balance with Turkey, not adjusted for inflation
In 2024, 77% of imports from Turkey to the US were goods. The largest category was industrial supplies and materials (items used up in the production process, like oil, chemicals, and plastic), accounting for $5.1 billion. The top three imports were industrial supplies and materials, consumer goods (goods and services purchased by individuals for personal use, like clothing and cellphones), and capital goods (tools used for the production process, like machinery and equipment). These categories accounted for $12.7 billion of total imports.
The other 23% were services, with transport being the largest service category. Transport (transactions associated with moving people and property from one location to another, like passenger flights and ocean cargo shipping) accounted for $1.62 billion.
Industrial supplies and materials made up 23.4% of US imports from Turkey in 2024.
US imports from Turkey by category (2024)
In 2024, more US exports to Turkey were goods — 72.4%. The largest export was industrial supplies and materials, which accounted for a value of $8.65 billion. The top three exports were industrial supplies and materials, capital goods, and food, feeds, and beverages. These categories accounted for $13.4 billion of exports to Turkey.
The other 27.6% were services, with transport being the largest service category. Transport accounted for $1.94 billion.
Industrial supplies and materials made up 40.2% of US exports to Turkey in 2024.
US exports to Turkey by category (2024)
Keep exploring
Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
