Singapore (SGP) and Turkey (TUR) Trade | The Observatory of Economic Complexity

About

Singapore-Turkey In 2022, Singapore exported $684M to Turkey. The main products that Singapore exported to Turkey are Gas Turbines ($89M), Unprocessed Artificial Staple Fibers ($75.2M), and Vaccines, blood, antisera, toxins and cultures ($62.9M). During the last 27 years the exports of Singapore to Turkey have increased at an annualized rate of 7.49%, from $97.3M in 1995 to $684M in 2022.

In 2022, Singapore did not export any services to Turkey.

Turkey-Singapore In 2022, Turkey exported $864M to Singapore. The main products that Turkey exported to Singapore were Refined Petroleum ($365M), Raw Iron Bars ($71M), and Tug Boats ($54.5M). During the last 27 years the exports of Turkey to Singapore have increased at an annualized rate of 5.95%, from $181M in 1995 to $864M in 2022.

In 2009, Turkey exported services to Singapore worth $0, with being the largest in terms of value.

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $684M to Turkey. The main products exported from Singapore to Turkey were Gas Turbines ($89M), Unprocessed Artificial Staple Fibers ($75.2M), and Vaccines, blood, antisera, toxins and cultures ($62.9M). During the last 27 years the exports of Singapore to Turkey have increased at an annualized rate of 7.49%, from $97.3M in 1995 to $684M in 2022.

In 2022, Turkey exported $864M to Singapore. The main products exported from Turkey to Singapore were Refined Petroleum ($365M), Raw Iron Bars ($71M), and Tug Boats ($54.5M). During the last 27 years the exports of Turkey to Singapore have increased at an annualized rate of 5.95%, from $181M in 1995 to $864M in 2022.

Exports from Singapore () to Turkey () (2022)

Exports from Turkey () to Singapore () (2022)

Latest Data

Trade between Singapore () and Turkey ()

Singapore Exports

Date

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Turkey
Top DestinationGermany$21.9B

This map shows whether countries import more from Singapore or Turkey. Each country is colored based on the difference in imports they receive from Singapore and Turkey or the difference in the growth in imports.

In 2021, countries that imported more from Singapore than Turkey were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Turkey than Singapore were Germany ($21.9B), Iraq ($13.7B), and Italy ($12.6B).

Difference in imports from Turkey () and Singapore () (2022)

Comparative Advantage Singapore - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Singapore and Turkey by product, considering products traded by both, Singapore and Turkey.

During 2022, Singapore had a large net trade with Turkey in the exports of Machines ($213M), Plastics and Rubbers ($138M), and Chemical Products ($135M).

During 2022, Turkey had a large net trade with Singapore in the exports of Mineral Products ($369M), Metals ($182M), and Machines ($74.3M).

Service Trade

Bilateral Service Trade

Tur Year

2009

2008

In 2009, Turkey exported services to Singapore worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey () to Singapore () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Turkey. Similarly, the more yellow a dot/product is, the more Turkey has comparative advantage over Singapore.

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Turkey () (2022)

Exports from Turkey () to Singapore () (2022)

Latest Data

Trade between Singapore () and Turkey ()

Singapore Exports

Turkey Exports

Market Competitiveness

Difference in imports from Turkey () and Singapore () (2022)

Comparative Advantage Singapore - Turkey

Service Trade

Bilateral Service Trade

Services Exports from Turkey () to Singapore () (2009)

Economic Complexity

Competitive Landscape

Product Space of Singapore () and Turkey () (2022)

Keep Exploring