Balanced international merchandise trade statistics (BIMTS) in Türkiye
Türkiye: Balanced international merchandise trade statistics (BIMTS) was 6.83 US dollars, exchange rate converted in 2024. ◆ Volatile
Balanced international merchandise trade statistics (BIMTS) in Türkiye, 1996–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
Türkiye recorded 6.83 US dollars, exchange rate converted for balanced international merchandise trade statistics (bimts) in 2024. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 150.3% on the previous year and up 1,231.8% over ten years.
Over the whole period, balanced international merchandise trade statistics (bimts) in Türkiye peaked at 6.83 US dollars, exchange rate converted in 2024 and was at its lowest, 0.1203 US dollars, exchange rate converted, in 1996.
The series is highly variable year to year, so single readings are best treated with caution.
Balanced international merchandise trade statistics (BIMTS) in Türkiye, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 1996 | 0.1203 US dollars, exchange rate converted | — |
| 1999 | 0.2841 US dollars, exchange rate converted | +136.2% |
| 2000 | 0.9112 US dollars, exchange rate converted | +220.7% |
| 2001 | 0.5116 US dollars, exchange rate converted | -43.8% |
| 2002 | 0.4789 US dollars, exchange rate converted | -6.4% |
| 2003 | 0.5247 US dollars, exchange rate converted | +9.6% |
| 2004 | 0.177 US dollars, exchange rate converted | -66.3% |
| 2005 | 0.9843 US dollars, exchange rate converted | +456.2% |
| 2006 | 0.2691 US dollars, exchange rate converted | -72.7% |
| 2007 | 0.3358 US dollars, exchange rate converted | +24.8% |
| 2008 | 4.4 US dollars, exchange rate converted | +1209.9% |
| 2009 | 0.3557 US dollars, exchange rate converted | -91.9% |
| 2010 | 0.6239 US dollars, exchange rate converted | +75.4% |
| 2011 | 1.33 US dollars, exchange rate converted | +113.6% |
| 2012 | 1.71 US dollars, exchange rate converted | +28.1% |
| 2013 | 0.2747 US dollars, exchange rate converted | -83.9% |
| 2014 | 0.5126 US dollars, exchange rate converted | +86.6% |
| 2015 | 0.5936 US dollars, exchange rate converted | +15.8% |
| 2016 | 1.35 US dollars, exchange rate converted | +126.7% |
| 2017 | 1.11 US dollars, exchange rate converted | -17.5% |
| 2018 | 1.45 US dollars, exchange rate converted | +30.8% |
| 2019 | 1.58 US dollars, exchange rate converted | +9.0% |
| 2020 | 1.34 US dollars, exchange rate converted | -15.4% |
| 2021 | 1.07 US dollars, exchange rate converted | -20.1% |
| 2022 | 2.3 US dollars, exchange rate converted | +114.5% |
| 2023 | 2.73 US dollars, exchange rate converted | +18.7% |
| 2024 | 6.83 US dollars, exchange rate converted | +150.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2022 US dollars, exchange rate converted | 0.1203 US dollars, exchange rate converted | 0.2841 US dollars, exchange rate converted | 2 |
| 2000s | 0.8947 US dollars, exchange rate converted | 0.177 US dollars, exchange rate converted | 4.4 US dollars, exchange rate converted | 10 |
| 2010s | 1.05 US dollars, exchange rate converted | 0.2747 US dollars, exchange rate converted | 1.71 US dollars, exchange rate converted | 10 |
| 2020s | 2.85 US dollars, exchange rate converted | 1.07 US dollars, exchange rate converted | 6.83 US dollars, exchange rate converted | 5 |
Countries ranked near Türkiye
- 2 China 83.14 US dollars, exchange rate converted compare
- 3 Panama 54.26 US dollars, exchange rate converted compare
- 4 Colombia 47.21 US dollars, exchange rate converted compare
- 5 Brazil 41.24 US dollars, exchange rate converted compare
- 6 Spain 34.83 US dollars, exchange rate converted compare
- 7 Costa Rica 23.06 US dollars, exchange rate converted compare
- 8 Mexico 21.64 US dollars, exchange rate converted compare
More economy & growth data for Türkiye
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.48 Percent per annum (2029)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 3.52 million million SLC (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 883,949 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 410,189 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 13.46 million million SLC (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.94 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.18 % (2024)
- Gross Domestic Product — Value US$ 1.32 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 15,127 USD (2024)
Frequently asked questions
- What is balanced international merchandise trade statistics (bimts) in Türkiye?
- Balanced international merchandise trade statistics (bimts) in Türkiye was 6.83 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced international merchandise trade statistics (bimts) recorded in Türkiye?
- The highest recorded value was 6.83 US dollars, exchange rate converted in 2024.
- What is the lowest balanced international merchandise trade statistics (bimts) recorded in Türkiye?
- The lowest recorded value was 0.1203 US dollars, exchange rate converted in 1996.
- How does Türkiye rank for balanced international merchandise trade statistics (bimts)?
- Türkiye ranks 5th out of 12 groups with data for 2024.
- Is balanced international merchandise trade statistics (bimts) rising or falling in Türkiye?
- Over the last ten years it is up 1,231.8%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced international merchandise trade statistics (BIMTS) - HS2017-2D. Statizoid updates them automatically from the source API.
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About this data
The OECD Balanced International Merchandise Trade Statistics (BIMTS) dataset provides a complete, consistent, and balanced matrix of international merchandise trade statistics. It includes annual bilateral data for approximately 200 reporters and partners, covering around 98 products in HS2017 at the 2-digit level from 1995 to 2024. BIMTS is also available in the HS 2017 classification at 4-digit and 6-digit levels of aggregation currently available via the Related Files (bottom of the page) and also in the Statistical Classification of Products by Activity (CPA 2.1) at the 2-digit level of aggregation. BIMTS is complete and consistent. The OECD methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. To provide users with consistent and long time series, the data is presented according to either HS2017 or CPA 2.1. BIMTS is balanced. The OECD has developed a transparent approach to reconcile asymmetries in international merchandise trade statistics. A sequence of adjustments, documented in the BIMTS technical paper, significantly reduces asymmetries in the dataset before the final balancing procedure is performed. An important feature of BIMTS is a novel algorithm which identifies re-export flows and reallocates them to the producer countries before the balancing. To avoid double counting of flows between producers and trade hubs (already accounted for in the trade between producers and final users), BIMTS breaks down the final balanced values into a domestic component and a re-exports component. Users will therefore find two different measures of balanced trade flows (under the ‘Adjustment’ dimension): Total balanced value: Represents the total reconciled bilateral trade flow, including re-exports. Balanced value adjusted for re-exports: Represents the reconciled bilateral trade flow, adjusted for re-exports. This adjusted value is deemed to more accurately reflect economic reality and is therefore the preferred measure. In this database, the Reference area denotes the exporter, while the Counterpart area denotes the importer. Because the data are balanced, exports from the exporter to the importer equal imports by the importer from the exporter, and the flow is therefore recorded only once. Note that zero trade flows are represented in BIMTS as missing records (marked as “..”). This approach reduces the dataset size and improves processing times in the OECD Data Explorer. For convenience, users can also retrieve data for total merchandise (“_T”, denoting all products) and partner world (“W”). BIMTS will be regularly updated and continually improved as new data becomes available. For more information on: The methodology: The OECD Balanced International Merchandise Trade Dataset (BIMTS). Balanced trade statistics related pages: Balanced trade statistics, or The statistics compiled by the OECD Statistics and Data Directorate Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org