Foreign trade as a share of GDP reached 62.5 % in 2018 in Turkey, according to the National Statistical Office. This is 0.216 % less than in the previous year.
Historically, foreign trade as a share of GDP in Turkey reached an all time high of 62.7 % in 2019 and an all time low of 5.73 % in 1960. When compared to Turkey's main peers, foreign trade as a share of GDP in Bulgaria amounted to 129 %, 72.5 % in Greece, 79.9 % in Iraq and 65.1 % in Iran in 2018.
Turkey has been ranked 112th within the group of 163 countries we follow in terms of foreign trade as a share of GDP, 33 places above the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.