Turkey Trading Partner Portal

Trading Partner Portal: Turkey

Overview

Trade Overview

Two-way trade in goods between the United States and Turkey was over $33.84 billion in 2022. Turkey is the United States’ 26th largest export destination with $14.9 billion in exports. Top exports from the United States to Turkey include oil and gas, transportation equipment, chemicals, and agricultural products. Imports from Turkey into the U.S. totaled $18.8 billion in 2022. Top imports into the United States from Turkey include primary metals, transportation equipment, nonmetallic mineral products, processed foods, and petroleum and coal products.  U.S. Department of Commerce​

Turkey is California’s 31st largest export destination. In 2022, California exported over $828 million to Turkey. Top exports included agricultural products, computer and electronic products, transportation equipment, and non-electrical machinery. California imported $1.46 billion from Turkey in 2022. Top imports were electrical equipment, apparel manufacturing products, primary metals, processed foods, transportation equipment. U.S. Department of Commerce

(In USD Millions) – Source: trade.gov

US FDI in Turkey in 2021 totaled $6.1 billion, while Turkish FDI in the US was $2.7 billion. In 2020, Turkish FDI supported 4,900 jobs and $37 million in expanding US exports. The top industry sectors for Turkish FDI are: metals, consumer products, chemicals,  transportation, software & IT services, and business services. (Select USA)

Useful links

USTR Turkey Page

Fact Sheet on U.S. – Turkish Economic and Commercial Cooperation 2011 – 2012
US Department of Commerce, December 2012

Turkish Market Holds Opportunity for U.S. Businesses
ITA Blog, December 12, 2012

Joint Statement by the United States and Turkey from the Framework for Strategic Economic and Commercial Cooperation
USTR Press Release, June 26, 2012

Weekly Trade Spotlight: U.S.-Turkey Trade and Investment Relations
USTR Blog, June 25, 2012

Remarks by U.S. Trade Representative Ron Kirk to the American-Turkish Council
USTR, June 12, 2012

United States and Turkey Work to Strengthen Ties, Expand Trade and Investment Relationship at TIFA Meeting
USTR Press Release, July 2011

U.S. Companies in Turkey: Success Stories 2010-2011
US Commercial Service, Summer/Fall 2011

Secretary Locke, Ambassador Kirk Meet With Turkish Counterparts to Discuss Progress of U.S.-Turkey Commercial Relationship
Commerce Blog, October 19, 2010

Obama Trade Officials, Turkish Counterparts Announce New Initiatives to Strengthen U.S.-Turkey Commercial Relations
USTR Press Release, October 2010

United States, Turkey Hold Seventh Meeting of U.S.-Turkey Trade and Investment Council
USTR Press Release, July 2010