Turkey
160M €
Exports
2024
2004 January2025 March
218M €
Imports
2024
2004 January2025 March
Turkey is the 24th largest export partner of Estonia. In 2024, Estonia's exports to Turkey amounted to €160M and imports from Turkey to €218M, resulting in negative trade balance of €57.7M.
Exports
2024
In 2024, Estonia's exports to Turkey amounted to €160M, making it the 24th largest export partner in the world. Compared to the previous year, exports from Estonia to Turkey experienced decline at an annualized rate of 37.5%, from €256M in 2023 to €160M in 2024. Most recently, exports were led by ferrous waste and scrap, which represent 51.9% of the total exports to Turkey, followed by plywood, veneered panel and similar laminated wood..., which account for 3.23%.
Imports
2024
In 2024, Estonia's imports from Turkey ammounted to €218M, making it the 18th largest import partner in the world. Compared to the previous year, imports from Turkey to Estonia experienced growth at an annualized rate of 44.5%, from €151M in 2023 to €218M in 2024. Most recently, imports were led by small iron and closed steel pipes, which represent 16.3% of the total imports from Turkey, followed by electrical transformers, which account for 16.3%.
Trade Balance
As of 2025 March, Estonia had negative trade balance of €4.58M with Turkey. In 2024 March, it had negative trade balance of €2.5M.
