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Export of Goods Value from Turkey (1990-2023)

Export of Goods Value from Turkey (1990-2023)

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TGM StatBox. (2024). Export of Goods Value from Turkey (1990-2023). TGM StatBox.
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Key Takeaways

Türkiye's export of goods has shown a steady and substantial growth from 1990 to 2023, reflecting its economic transformation and expanding global trade ties. In 1990, exports stood at $12.96 billion, but by 2000, this figure had reached $27.78 billion, marking the country's increasing integration into global markets. The early 2000s saw significant growth, with exports surpassing $36 billion by 2002, driven by strong industrial output, particularly in textiles, automotive, and machinery.

The period from 2007 to 2014 saw the most rapid growth, with exports reaching $132 billion in 2008, followed by a steady increase to $166.5 billion by 2014. This expansion was supported by Türkiye's strategic location, increased production capacity, and free trade agreements. The global economic slowdown in 2009 temporarily reduced exports, but the recovery from 2010 onwards led to a strong upward trend. In recent years, Türkiye's exports continued to rise, reaching $255.4 billion in 2023, benefiting from its diverse export base, including automotive, electronics, and chemicals, alongside a strong industrial sector.

Find out more through related statistics on Turkey’s industry sector GDP share, Turkey’s goods trade balance, Turkey’s imports value.

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