Turkey (TUR) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Turkey-Belgium In 2022, Turkey exported $4.72B to Belgium. The main products that Turkey exported to Belgium are Delivery Trucks ($494M), Cars ($348M), and Coal Tar Oil ($223M). During the last 23 years the exports of Turkey to Belgium have increased at an annualized rate of 8.71%, from $691M in 1999 to $4.72B in 2022.

In 2009, Turkey exported services to Belgium worth $351M, with Travel ($345M), Other business services ($5.16M), and Insurance services ($1.03M) being the largest in terms of value.

Belgium-Turkey In 2022, Belgium exported $5.06B to Turkey. The main products that Belgium exported to Turkey were Scrap Iron ($621M), Packaged Medicaments ($189M), and Looms ($187M). During the last 23 years the exports of Belgium to Turkey have increased at an annualized rate of 6.32%, from $1.24B in 1999 to $5.06B in 2022.

In 2020, Belgium exported services to Turkey worth $340M, with Other business services ($137M), Transportation ($135M), and Communications services ($18.3M) being the largest in terms of value.

Comparison In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $4.72B to Belgium. The main products exported from Turkey to Belgium were Delivery Trucks ($494M), Cars ($348M), and Coal Tar Oil ($223M). During the last 23 years the exports of Turkey to Belgium have increased at an annualized rate of 8.71%, from $691M in 1999 to $4.72B in 2022.

In 2022, Belgium exported $5.06B to Turkey. The main products exported from Belgium to Turkey were Scrap Iron ($621M), Packaged Medicaments ($189M), and Looms ($187M). During the last 23 years the exports of Belgium to Turkey have increased at an annualized rate of 6.32%, from $1.24B in 1999 to $5.06B in 2022.

Exports from Turkey () to Belgium () (2022)

Exports from Belgium () to Turkey () (2022)

Latest Data

Trade between Turkey () and Belgium ()

Turkey Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Belgium
Top DestinationGermany$91.9B

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

In 2021, countries that imported more from Turkey than Belgium were Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

In 2021, countries that imported more from Belgium than Turkey were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Turkey - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Belgium in the exports of Transportation ($1.13B), Mineral Products ($835M), and Textiles ($564M).

During 2022, Belgium had a large net trade with Turkey in the exports of Chemical Products ($1.2B), Metals ($1.04B), and Plastics and Rubbers ($927M).

Service Trade

Bilateral Service Trade

Bel Year

Tur Year

2009

2008

In 2009, Turkey exported services to Belgium worth $351M, with Travel ($345M), Other business services ($5.16M), and Insurance services ($1.03M) being the largest in terms of value.

In 2020, Belgium exported services to Turkey worth $340M, with Other business services ($137M), Transportation ($135M), and Communications services ($18.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Belgium () to Turkey () (2020)

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 Turkey has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Turkey.

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Historical Data

Bilateral Trade by Products

Exports from Turkey () to Belgium () (2022)

Exports from Belgium () to Turkey () (2022)

Latest Data

Trade between Turkey () and Belgium ()

Turkey Exports

Belgium Exports

Market Competitiveness

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

Comparative Advantage Turkey - Belgium

Service Trade

Bilateral Service Trade

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

Services Exports from Belgium () to Turkey () (2020)

Economic Complexity

Competitive Landscape

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

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