Turkey Exports to Russia – 26% Surge Recorded in Jan-Feb 2020
26 June 2020

Turkey’s exports to Russia reached over $700 million
in Jan-Feb 2020, a 26% surge as compared to same period last year. According to
Turkey trade data, value of Turkish commodities exported to Russia was US$ 3.8
billion in 2019. Major commodities shipped from Turkey to Russia were fresh
fruits & vegetables, machinery, vehicles and plastics. Analyze Turkish
exports to Russia with trade statistics recorded in first two months of 2020
and all months of 2019.
Turkish Exports to Russia Surge
26% in January-February 2020
The value of exports from Turkey to Russia reached
over $700 million in the first two months of 2020. According to latest Turkey export data, a 26% surge
recorded in Turkish exports to Russia in Jan-Feb this year, as compared to the
last year.
More than 500,000 tons of commodities from 27
industries were sold to Russia in January and February 2020, up from nearly
388,000 tons of products in the same period last year, a 30% increase.
According to the Eastern
Black Sea Exporters Association (DKIB), those sales generated over $700
million in revenue, up 26% in year-on-year value from just over $555 million.
Top 10 Products Exported from
Turkey to Russia in 2019
Turkish edible fruits and nuts are exported the most
into Russia at 2-digit level HS Code. Export
Genius market research report shows that maximum shipments of fresh or
dried mandarins were departed from Turkey to Russian Federation in 2019.Take a
look at a list of commodities with their values which were exported from Turkey
to Russia in last year.
Product |
2019 Value US$ Million |
Fresh or Dried Mandarins |
95.4 |
Fresh Table Grapes |
86.0 |
Tomatoes |
85.4 |
Fresh or Dried Satsuma |
68.4 |
Fresh or Dried Lemons |
65.0 |
Motor Cars |
54.3 |
Fresh Cherries |
43.4 |
Fresh Nectarines |
41.2 |
Tractors Parts & Accessories |
39.4 |
Electric Ovens |
35.1 |
Turkey’s Exports to Russia in
2019 (Quarterly)
Turkish exports to Russia rose from US$ 860 million
recorded in first quarter of 2019 to US$ 1,147.9 million in fourth quarter. See
total values of commodities exported from Turkey to Russia in four quarters of
2019 through chart given below.
2019 Quarters |
Value US$ Million |
Q1 |
860.0 |
Q2 |
876.1 |
Q3 |
968.3 |
Q4 |
1,147.9 |
Turkey’s Exports to Russia in
Last 10 Years
The value of commodities supplied from Turkey to Russia recorded US$ 4.6 billion in 2010. Since then, it rose in 2011, 2012, 2013, and 2014. From 2015, the figures started declining drastically, but values again rose marginally till 2019. See chart below to have a better analysis of Turkish exports to Russia in last ten years.
Year |
Value US$ Billion |
2010 |
4.6 |
2011 |
5.9 |
2012 |
6.6 |
2013 |
6.9 |
2014 |
5.9 |
2015 |
3.5 |
2016 |
1.7 |
2017 |
2.7 |
2018 |
3.3 |
2019 |
3.8 |
Top 10 Export Partners of Turkey
Russia is the 10th largest export partner
of Turkey, which shared 2.3% value to total exports. According to Turkey export
statistics, the country shipped goods worth US$ 3.8 billion to Russia in 2019. Look
at values in US$ billion and percentage share of Turkey’s top 10 export partners.
Country |
2019 Value US$ Billion |
2019 Value US$ % |
Germany |
15.3 |
9.0 |
United Kingdom |
10.8 |
6.3 |
Italy |
9.2 |
5.4 |
Iraq |
8.9 |
5.2 |
United States |
8.0 |
4.7 |
France |
7.6 |
4.5 |
Spain |
7.6 |
4.5 |
Netherlands |
5.4 |
3.2 |
Israel |
4.3 |
2.5 |
Russia |
3.8 |
2.3 |
Turkey rank 31 in global exports and Russia rank 22 in
global imports. Both the countries are dependent on each other to boost their
bilateral trade. Turkey’s orientation towards Russia at the political level,
despite their conflicting interests, has increased Turkey’s economic dependence
on Russia.
